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FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims


FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According...

YoMix Replaces Sanctioned Sinbad Mixer for Lazarus Hacker Group: Chainalysis


After sanctions were imposed on Tornado Cash and Sinbad was shut down following similar actions against the platform, Chainalysis revealed that YoMix, a Bitcoin mixer, has stepped in as an alternative for the North Korean Lazarus Group Recent discoveries by the blockchain analysis firm show that...

Baldur’s Gate 3 Devs Finally Got To Talk On Stage, And They Did Not Hold Back


One of the biggest complaints about last year’s Game Awards was that the show did not let winners talk. Even when folks from Larian Studios got on the stage to accept the Game of the Year award for Baldur’s Gate 3, they were told to “wrap it up” and weren’t even able to make the announcement that...

Embracer Cancelled Nearly 30 Unannounced Games In Just 6 Months


Embracer Group, the proverbial grim reaper of video game acquisitions, has been wreaking havoc on the studios and IP it has acquired in the past few years. From layoffs across several companies to shutting down of beloved studios like Saints Row developer Volition, and cancellations of...

Crypto Money Laundering Dropped Almost 30% in 2023: Chainalysis


Illicit cryptocurrency transactions fell roughly 30% in 2023, according to Chainalysis’ newly released 2024 Crypto Crime Report. This decrease signals a major shift in crypto money laundering trends. The report also stated that total funds sent between illicit addresses dropped by 14.9%...

Crypto Miner Phoenix Group Reports 50% Jump in Net Income


UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...

PlayStation 5 Is About To Have A Quiet Year


If you were wondering what Sony’s up to after its latest State of Play presentation didn’t have much in the way of first-party games, it sounds like there was a reason for that. It looks like PlayStation 5’s 2024 will have a dearth of first-party games over the next year, as the company...

Deus Ex Owners To Adam Jensen Actor: Stop Talking About The Character


Actor Elias Toufexis is probably most famous for his role as the gravelly-voiced cyborg Adam Jensen, the protagonist in Eidos Montreal’s Deux Ex prequel games. He loves to talk about the character and his possible future, but according to Toufexis, the studio that owns the franchise would rather...

Grayscale and DCG Object to Genesis’ $1.6B Trust Shares Liquidation Plan


On February 12, Digital Currency Group (DCG) and Grayscale raised objections to bankrupt lender Genesis’ plan to sell off its assets. This includes shares in Grayscale’s Bitcoin Trust (GBTC), Grayscale Ethereum Trust (ETHE), and Grayscale Ethereum Classic Trust (ETCG), amounting...

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