Search
Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint
4.9.2020
Chilean cryptocurrency exchange, Badu.com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition...
Korean Police Seize Crypto Exchange Coinbit Over Allegations of $84 Million in Wash Trades
27.8.2020
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well...
South Korean Exchange Coinbit Seized Over Allegations of Fraud
26.8.2020
South Korea's third largest crypto exchange, has reportedly been seized by police over allegations it faked transaction volumes
Andreas Antonopoulos: Hex Team Offered Me 10 BTC to Speak Well of Their Token
15.8.2020
Andreas Antonopoulos says he was offered 10 BTC for an interview with the objective to show that Hex is not a scam. The alleged offer comes as Hex proponents battle persistent Ponzi allegations. Antonopolous, an influential cryptocurrency advocate, also reveals the offer was on condition he does...
South African Bitcoin Investment Company Faces Fresh Scam Allegations
4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...
South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations
16.7.2020
Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State Securities Board (TSSB), is pushing back allegations that it is running a Ponzi scheme or a scam. MTI CEO Johann Steynberg issued a statement assuaging...
Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency
15.7.2020
The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto...
Bitfinex Must Face New York Allegations Over $850M in Lost Funds, Appeals Court Rules
9.7.2020
Cryptocurrency exchange Bitfinex will have to answer claims about hiding lost millions, a New York appeals court ruled on Thursday
Coinbase's "Data Plumber" Denies All Allegations
2.7.2020
Coinbase’s “data plumber” denies storing users’ login credentials in plain text, and all the other allegations in a new class action complaint
Wirecard $2 Billion Scandal: Firm Files for Insolvency, Ex-CEO Arrested, User Funds Safe
25.6.2020
Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2.1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations...
OKEx to Double Staff, Bitfinex Untethers Allegations + More News
4.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
OKEx said they plan to open new offices in unspecified regions and they have already started recruiting...
Bitfinex and Tether Reject 'Baseless' Lawsuit Filed Against Them
4.6.2020
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation
Ledger, Trezor and Others: Hack Allegations are Baseless, Lack Proof
27.5.2020
Representatives of companies that were allegedly hacked strongly deny the allegations, stating that the exploit had been fixed years ago
No Evidence ISIS Is Storing $300 Million in Bitcoin, Says Chainalysis
21.5.2020
Blockchain intelligence firm Chainalysis has dismissed claims ISIS is holding a $300 million bitcoin (BTC) war chest. In a “fact-checking” report, published on May 20, 2020, the U.S. company accused the media of sensationalizing allegations about BTC and other cryptocurrencies being...
Breaking Down Conspiracy Theories Behind Covid-19 – John McAfee’s Allegations
21.3.2020
Coronavirus has become one of the greatest pandemics the world has seen since the turn of this millennium. Within a few months, the deadly virus has victimized over 200,000 people globally, killing more than 8,000 human beings, in 150+ countries. The virus isn’t showing any signs of slowing. Even...
Mt. Gox CEO Slams Plaintiff for Adjusting Fraud Allegations Mid-Case
17.3.2020
The former Mt. Gox executive hopes that the court will dismiss the suit after the plaintiff changed the facts underpinning his claim against the exchange
Tether Calls Market Manipulation Allegations ‘Reckless and False’
28.2.2020
Tether states that the market manipulation accusations are “reckless and false”
Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls
27.2.2020
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government...
Greek Court Suspends Decision to Extradite Alexander Vinnik
25.12.2019
The Supreme Administrative Court of Greece has suspended a decision to extradite the alleged BTC-e operator Alexander Vinnik. The temporary measure has been imposed to allow the review of an appeal against the extradition. The Russian national, accused of laundering billions of dollars through...
Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches
18.12.2019
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. Westpac, one...