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Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US
14.4.2023
An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank...
Bitcoin Proponents Accuse the New York Times of Publishing One-Sided ‘Hit Piece’ on Bitcoin Mining
10.4.2023
After the New York Times was accused of writing favorable pieces about disgraced FTX co-founder Sam Bankman-Fried and inviting him to speak at the news outlet’s Dealbook Summit, it is once again being criticized for publishing a “hit piece” about bitcoin mining....
Shappela Set, CZ Accused, SBF Legaled, Do Kwon Wronged, King Kidnapped and 20 Crypto Jokes
1.4.2023
This week in crypto, Bitcoin was set to close out its best quarter in exactly two years, Ethereum core developers announced the date for the long-awaited Shapella upgrade launch, Galaxy Digital lost a whopping $1 billion on its investment last year due to “depressed market conditions,” and Coinbase...
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
Binance Crypto Exchange Accused of Allowing U.S. Firms to Circumvent Derivatives Trading Ban – What's Going On?
31.3.2023
Binance has been accused by the Commodity Futures Trading Commission (CFTC) of allowing trading firms based in the US to trade crypto derivatives on Binance’s international exchange.
Allowing US-registered firms access to the derivatives platform constitutes an obvious circumvention of Binance’s...
PC Game Accused Of 'Asset Theft' Removed From Steam
27.3.2023
The controversy surrounding Dark and Darker, an MMO that stands accused of stealing not just assets but also staff from Korean publishers Nexon, escalated over the weekend when the game was delisted from Steam.Read more
Terraform Labs CEO Do Kwon Faces Extradition to South Korea
24.3.2023
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea....
Terraform Labs Co-Founder Do Kwon Arrested in Montenegro, Says Interior Minister
23.3.2023
According to Montenegro’s interior minister Filip Adzic, Terraform Labs co-founder Do Kwon was apprehended at Podgorica airport allegedly bearing falsified documentation. Adzic added that investigators are “waiting for official confirmation of his identity” after Montenegrin police detained...
Crypto.com customer accused of $10M spending spree granted bail
21.3.2023
The Judge explained that prison time wasn’t necessary because Singh couldn’t flee without his Indian passport or being able to apply for a new one
The Game Accused Of Plagiarizing Elden Ring Animations Responds
14.3.2023
Bleak Faith: Forsaken, a new Soulslike by Archangel Studios, has been mired in controversy since it launched on March 10. That’s because players suspected the indie developer hijacked animations seen in FromSoftware games such as Bloodborne and Elden Ring. Now, after days of accusations slamming...
Police Raid Studio Accused Of Stealing 'Assets & Personnel' From Rival
9.3.2023
The offices of Ironmace, a development studio in the Korean city of Seongnam, were raided by police earlier this week after accusations were made that the company’s upcoming game, the MMO Dark and Darker, didn’t just steal assets from publishing giant Nexon, but the staff working on a project there...
NFT Creators Investigated in Israel for Alleged Tax Evasion
6.3.2023
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...
Activision Accused Of Illegally Firing QA Testers Over Remote Work Protest
1.3.2023
The Communications Workers of America (CWA) have today filed charges against publisher Activision—a company with a long track record of alleged union-busting—claiming the publisher violated several workplace laws in relation to the firing of two QA testers.Read more
Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions
27.2.2023
Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.
The exchanges, both based in Seychelles, failed to take proper measures in order to block traders from transacting with debit cards issued...
US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says
24.2.2023
Crypto exchange BTC-e’s alleged operator Alexander Vinnik may be a candidate for prisoner swap between the United States and Russia. That’s according to a statement by one of his lawyers for Russian media. The latest court hearing in Vinnik’s case has been postponed. Russian Accused of Laundering...
Former Cohasset High School Employee Accused of Stealing Thousands in Electricity to Mine Bitcoin in School Campus Crawlspace
23.2.2023
A former school assistant facilities director in Cohasset, Massachusetts, has been accused of operating a cryptocurrency mining operation inside a crawlspace at Cohasset High School. The Cohasset Police Department alleges that Nadeam Nahas stole nearly $18,000 in electricity to power the crypto...
Moscow Authorities Detain British National Accused of Aiding North Korea in Crypto Sanction Evasion
23.2.2023
A British citizen who is wanted by the FBI for allegedly assisting the North Korean government to evade U.S. sanctions via crypto is in the custody of Russian authorities.
Christopher Emms, a 31-year-old who has a red notice from Interpol for consulting North Korea on cryptocurrencies, has been...
Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo
19.2.2023
NFTs were introduced to the world to help solve the illegal use of intellectual properties and protect artists — the very problem Yuga Labs has been accused of doing
Binance Accused of Moving $400 Million from U.S. Partner to CEO's Trading Firm in Secret Scheme – Here's the Latest
17.2.2023
Binance has moved more than $400 million from its purportedly independent U.S. partner to a trading firm managed by the company's CEO Changpeng Zhao.
Over $400 million flowed from the Binance.US account at California-based Silvergate Bank to Merit Peak, a trading firm linked to CZ, over the first...
Accused Mango Markets Exploiter Wants to Keep $47M in Disputed Funds: Court Filings
16.2.2023
Avraham Eisenberg claims that he need not return any more than the $67 million of the $114 million worth of tokens he gained using a complicated trading system