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NFT startup Rario loses founders after $120M funding last year: Report
8.9.2023
As part of the reported restructuring efforts at Rario, a number of roles are also being eliminated, according to the report
Gala Games founders biff over $130M theft, corporate waste allegations
4.9.2023
Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions
Tornado Cash Founders Accused, Court Rules in Favor of Grayscale Against SEC, and More — Bitcoin.com News Week in Review
3.9.2023
The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of crypto asset manager Grayscale against the United...
WAGMI Games partners with Opensea ahead of Defense Founder’s Mint
31.8.2023
WAGMI Games recently announced a partnership with the biggest NFT marketplace, OpenSea. The partnership comes right ahead of WAGMI Defense Founder’s Mint. WAGMI Games released an official post to inform users about the collaboration. The post stated that the parties will work together to push...
Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial
30.8.2023
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy ahead of trial. Bankman-Fried’s Legal Defense...
FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial
29.8.2023
The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...
Tornado Cash Co-Founder Roman Storm Released on Bail
26.8.2023
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform. Storm Out on Bail After...
Founders of Crypto Mixer Tornado Cash Accused of Laundering $1 Billion
24.8.2023
The founders of the cryptocurrency mixing service Tornado Cash were charged Thursday with allegedly helping to launder more than $1 billion in digital currency, including funds taken by North Korean hackers. Department of Justice: ‘You Can’t Hide From Us Behind a Keyboard — Whether You’re a Hacker...
Tornado Cash co-founders charged with money laundering, sanctions violations
23.8.2023
Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer
Dubai Fines Co-Founders of Failed Three Arrows Capital Over New Exchange OPNX
16.8.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) has slapped failed 3AC co-founders with a massive $2.7 million fine against their new crypto project OPNX.
Crypto exchange OPNX, co-founded by Kyle Davies and Su Zhu who established the now-defunct hedge fund Three Arrows Capital (3AC),...
3AC founders fined by Dubai regulator over OPNX exchange
16.8.2023
OPNX CEO Leslie Lamb and executives Kyle Davies, Su Zhu and Mark Lamb were all issued a $58,000 fine for violating marketing regulations in the emirate
3AC Founders' OPNX Fined $2.7M by Dubai Crypto Regulator
16.8.2023
The exchange was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May
Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’
14.8.2023
The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support
Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts Court's Jurisdiction in Bankruptcy Case
14.8.2023
In the bankruptcy case of Three Arrows Capital (3AC), a crypto hedge fund that ceased operations, a judge has rejected a request to hold co-founder Kyle Davies in contempt of Court and impose sanctions....
Read More: Legal Twist: Three Arrows Capital Co-Founder's Citizenship Renunciation Disrupts...
Futureverse co-founders launch $50M venture fund
3.8.2023
The AI metaverse company raised $54 million in a Series A round in July
Metaverse Project Futureverse's Co-Founders Start $50M Venture Fund
3.8.2023
The Born Ready venture studio will invest in early stage Web3 and metaverse projects
DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan
2.8.2023
All proceeds from such a strategy will be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with the liquidity conditions associated with CRV
Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole
31.7.2023
Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling
Seda co-founders discuss intersection of oracles and multichain
28.7.2023
Oracles enable value, but they are also susceptible to value manipulation; co-founders of Cosmos-based Seda discuss their benefits and how to prevent pitfalls
Halogen Capital Launched by Jirnexu Founders to Make Crypto Investing Mainstream in Malaysia
28.7.2023
Malaysia’s newest crypto fund management firm, Halogen Capital, has been launched by the entrepreneurs behind the local fintech player Jirnexu.
The new firm already offers a spot Bitcoin (BTC) fund and a lower-risk Income Fund denominated in Malaysian ringgit, with a spot Ethereum (ETH) fund...