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Wyre tweets its new withdrawal policy: A limit of 90% max for each customer A/C
9.1.2023
Wyre recently took to Twitter to share the news with the community that it has restricted the withdrawal amounts for all users. The revised withdrawal policy comes with no definite timeline except with an assurance that it will be resolved at the earliest. According to the revised withdrawal...
Robinhood Shares Worth Nearly $500M Seized in FTX Case
9.1.2023
The "seized assets constitute property involved in violations" of crimes such as money laundering and wire fraud the document outlined
Around 117 Parties Interested in Buying FTX Units, Court Documents Show
9.1.2023
Attempts to urgently sell LedgerX and FTX Japan have invited legal protest
French Financial Regulator Supports Faster Mandatory Licensing for Crypto Firms
9.1.2023
The Financial Markets Authority joins the country’s central bank and Senate in seeking to anticipate new EU laws
FTX Opposition to $1B Binance Deal Is 'Hypocrisy and Chutzpah,' Voyager Says
9.1.2023
The plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda research, federal regulators and a number of U.S. states
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions
7.1.2023
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto...
Two More Promoters of Forcount Crypto Ponzi Scheme Arrested, Charged With Fraud
6.1.2023
Two additional promoters of the Forcount Ponzi scheme – a Brazil-based crypto scam that defrauded Spanish-speaking investors around the world of a collective $8.4 million – have been arrested and charged with fraud for their role in the alleged grift
FTX's US Leadership, Bahamas Liquidators Say They've 'Resolved' Most of Their Issues
6.1.2023
FTX's U.S. leadership and the company's Bahamas wing's court-appointed liquidators have formed a cooperation agreement addressing how assets may be inventoried and disposed of, among other issues, a press release Friday said
Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
6.1.2023
An Ohio family now has not one but two felons facing potentially lengthy prison sentences for crypto-related crimes
Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet
6.1.2023
Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore judge said that’s not okay
SEC Investigating FTX Investors’ Due Diligence: Reuters
6.1.2023
The U.S. regulator is looking at whether financiers did their homework on a crypto exchange since accused of sloppy governance
Developer of ‘Mutant Ape Planet’ NFTs Arrested, Charged With Fraud for Alleged $2.9M Rug-Pull
5.1.2023
The developer of the Mutant Ape Planet non-fungible token (NFT) collection – a knock-off of the popular Mutant Ape Yacht Club NFT collection – has been arrested and charged with fraud for allegedly perpetrating a $2.9 million rug pull
French Central Bank Head Wants Crypto Licensing Ahead of MiCA Standards: Bloomberg
5.1.2023
The current turmoil in the crypto markets shows the need for such requirements as soon as possible, the banking chief said
Bankman-Fried’s Alameda Research Joins Chorus Objecting to Binance Voyager Buy
5.1.2023
The $1 billion transaction has also been opposed by the Securities and Exchange Commission and Texas regulators
Former Celsius CEO Mashinsky Sued By New York State for Defrauding Investors
5.1.2023
New York’s attorney general has sued Alex Mashinsky, the former CEO of Celsius Network, for defrauding hundreds of thousands of investors by making false statements about the condition of the company to encourage money to keep coming in
Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules
5.1.2023
Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit in October, a Puerto Rico judge said
Celsius 'Earn' Assets Belong to Bankrupt Crypto Lender, Judge Rules
5.1.2023
A federal judge ruled that customers of Celsius's interest-bearing "Earn" product had turned over control of their assets to the bankrupt crypto lender, meaning they are now part of the company's bankruptcy estate
Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar
5.1.2023
Former FTX lawyer Daniel Friedberg provided information on FTX at a meeting on Nov. 22 with the U.S. Justice Department, FBI and the SEC, the source said
SEC Pursues $45M Scam Based in Fake Blockchain Technology
5.1.2023
The U.S. Securities and Exchange Commission (SEC) accused alleged fraudster Neil Chandran and several others for orchestrating a scheme to get cash from tens of thousands of investors globally on the false promise that they were securing a lucrative deal to sell blockchain technology
SEC Files Limited Objection to Binance.US’s $1B Deal for Voyager Assets
4.1.2023
The agency is asking for more details how the crypto exchange can afford such a large deal