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Putin Green-lights Russian Digital Ruble Tax Law
21.12.2023
Source: chase4concept/Adobe Russian President Vladimir Putin has signed off on a law that will see the digital ruble incorporated into the nation’s tax code. Per Telesputnik, the new law sees terms like “digital ruble” and “digital ruble wallet” added to the code. The law also allows bailiffs...
FTX Legal Fees Amount to $1.3 Million Per Day, Creditors Concerned
18.12.2023
Source: Adobe Bankrupt digital asset exchange, FTX has paid hundreds of millions in legal fees in a few months sparking reactions as creditors seek to recover their losses. Court filings show that over $118 million were billed on the exchange between August and October for professional legal fees...
3AC’s Su Zhu Examined in Singapore Court as Prosecutors Seek to Recover Creditor’s Assets
13.12.2023
Source: Adobe/Christophe Fouquin Three Arrows Capital’s (3AC) co-founder Su Zhu was probed in a Singapore court for the first time about the company’s collapse as prosecutors intensified efforts to recover funds belonging to creditors. According to a recent Bloomberg report, Zhu will be subject...
Biggest Crypto Gainers Today on Uniswap – INJ, MUBI, PRIME
12.12.2023
Altcoins INJ, MUBI, and PRIME are outperforming the market as the biggest crypto gainers on Uniswap. Image by Yury, Adobe Stock. As the cryptocurrency market tries to recover from the recent pullback, several coins are making big moves today. Bitcoin has faced downward pressure, stabilizing around...
Is Terra Luna Classic Going to Zero? LUNC Price Dumps 11% as New Mining Protocol Secures $5.1 Million
12.12.2023
The LUNC price has remained flat in the past 24 hours, with the altcoin struggling to recover after dumping by as much as 11% in the last couple of days.At $0.00018135, LUNC has fallen by 23% in a week, although it has actually risen by 92% in a fortnight and by 109% in a month. […]
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dYdX and TRON Investors Shifting Attention to Rising Meme Coin Project, Rebel Satoshi
26.11.2023
TLDR dYdX has introduced new features to curb trading in illiquid markets Tron (TRX) is struggling to stay above $0.1 despite its recent popularity. Rebel Satoshi is preparing to launch a game-changing meme coin ecosystem that will allow players to stake NFTs. dYdX plans to recover from its recent...
Genesis Files Lawsuit Against Former Business Partner Gemini Trust, Seeking to Recover $689 Million
22.11.2023
Source: AdobeStock / Timon Crypto lender Genesis Global Capital has taken legal action against cryptocurrency exchange Gemini Trust in an attempt to reclaim over $689 million. The lawsuit was filed in the US Bankruptcy Court for the Southern District of New York on Tuesday, alleging that Gemini...
Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of 'Preferential Transfers'
22.11.2023
Genesis claims Gemini made preferential transfers of about $689,302,00 from Genesis and wants the court to "correct this unfairness."
Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M
22.11.2023
Crypto lender Genesis Global Capital has sued cryptocurrency exchange Gemini Trust, its former business partner, to recover more than $689 million
XRP Price Prediction as Value Drops 7.5% in 7 Days – What’s Behind This Sharp Decline?
20.11.2023
The XRP price has recovered by 2% in the past 24 hours, rising to $0.624010 as the altcoin tries to recover from a 7% drop in a week. Despite correcting downwards over the past fortnight, XRP remains up by 20% in the last 30 days and by an impressive 83% since the beginning of the […]
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XRP Price Prediction as Delaware refers Fake BlackRock XRP Trust Filing to Department of Justice – Will XRP Crash Soon?
15.11.2023
The XRP price has dipped by 1.5% in the past 24 hours, although the altcoin has regained 1% in the past hour, as it looks to recover from the market impact of the recent fake XRP trust filing. At $0.638708, XRP has also fallen by 8% in the past week, a loss which reduces its […]
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FTX Debtors’ Lawsuit Seeks Recovery of $935 Million ‘Fraudulently’ Transferred to Bybit’s Investment Arm and Others
13.11.2023
A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is also accused of using FTX assets held on...
FTX Bankruptcy Team Sues Crypto Exchange Bybit for $1 Billion – What’s Going On?
12.11.2023
Source: Adobe / Ascannio FTX’s bankruptcy advisers have filed a lawsuit against crypto exchange Bybit Fintech and its two affiliated companies. The lawsuit aims to recover approximately $953 million worth of cash and digital assets that were withdrawn from Sam Bankman-Fried‘s...
Poloniex Hit by $114 Million Hot Wallet Heist; Justin Sun Pledges to Recover Funds
10.11.2023
Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $114 million. Justin Sun, the exchange’s proprietor and Tron’s creator, has stated that the incident is under...
XRP Price Prediction as XRP Becomes 6th Most-Traded Crypto in the World – Are Whales Accumulating?
7.11.2023
The XRP price has risen by 1% in the past hour, with the altcoin beginning to recover after suffering a 3% loss in the past 24 hours. At $0.683798, XRP is up by 18% in the past week and by 31% in the last 30 days, with momentum remaining very much on its side. The […]
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Infowars Host Alex Jones Lost 10,000 Bitcoin in Max Keiser’s Quiz
3.11.2023
Alex Jones, host of Infowars, failed to answer a quiz of five questions that would have allowed him to recover 10,000 bitcoin he lost in a laptop over ten years ago. International journalist and Bitcoin enthusiast Max Keiser asked five questions on Bitcoin and its operation, of which Jones answered...
U.S. Authorities Seize $54 Million Worth of Crypto from a Drug Ring Leader
3.11.2023
The U.S. Attorney’s Office is aiming to recover $54 million of crypto in Ethereum from Christopher Castelluzzo, a convicted drug distributor. On Nov. 2, U.S. Attorney Philip R. Sellinger filed a civil forfeiture action. The goal is to reclaim the seized cryptocurrency. This crypto is linked...
Gemini Seeks Control of $1.6 Billion Grayscale Shares in Lawsuit
28.10.2023
Crypto exchange Gemini has initiated a lawsuit against digital asset lender Genesis in an attempt to gain control over $1.6 billion worth of Grayscale Bitcoin Trust shares. The lawsuit, filed on Friday in the U.S. Bankruptcy Court Southern District of New York, aims to recover the shares to repay...
Alex Jones Lost a 10K-Bitcoin Stash Gifted by Max Keiser — Now He Can Regain It Doing a Quiz
28.10.2023
International journalist and Bitcoin maximalist Max Keiser is giving Infowars host Alex Jones the chance of regaining a gift of 10,000 bitcoin he lost. According to Keiser, Jones will have the chance to recover the stash by answering a trivia round consisting of 5 questions. However, Jones has...
New Law Expands Police Powers to Seize Crypto in UK
28.10.2023
A new law that gives law enforcement agencies greater powers to seize, freeze, and recover crypto assets has entered into force in the U.K. The law introduces provisions for police to “seize crypto assets more easily and convert them into money before a forfeiture hearing has taken...