Search
Google Files Lawsuit Against Crypto Scammers for Launching Fraudulent Apps on Google Play
4.4.2024
Google has filed a lawsuit against a group accused of defrauding more than 100,000 individuals worldwide by uploading fraudulent investment and crypto exchange apps to Google Play.
The post Google Files Lawsuit Against Crypto Scammers for Launching Fraudulent Apps on Google Play appeared first...
Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges
4.4.2024
Tigran Gambrayan and Nadeem Anjarwalla, two Binance executives held against their will by Nigerian authorities, has been postponed until April 19 as the country seeks criminal charges against the duo, a Thursday court hearing reveals. However, only Gambrayan appeared before Judge Emeka Nwite in...
Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
4.4.2024
The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users."
KuCoin Market Share Plunges By 50% Amid Legal Tussle With US Authorities
4.4.2024
Due to large money outflows, KuCoin's market share has significantly decreased, going from roughly 6.5% to less than 3%. This is in line with an April 2 Kaiko data release. The decrease in market share coincides with a lawsuit that was launched on March 26 against the Commodity Futures Trading...
Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood
3.4.2024
Cathie Wood believes part of Bitcoin's latest rally has been driven by a "flight to safety" from weaker currencies.
The post Bitcoin Is A Hedge Against Currency Devaluation, Says Ark CEO Cathie Wood appeared first on Cryptonews
Aave Proposal Aims to Safeguard Against DAI’s Rapid Market Cap Increase
3.4.2024
The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests...
What a Judge Said About the SEC's Suit Against Coinbase
3.4.2024
Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
The post France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services appeared first...
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...
Indian Media Leverages Blockchain Tech to Verify General Election News
2.4.2024
A Taiwanese blockchain tech firm is teaming up with journalists to fact-check the upcoming election in India in a battle against digital deception.
The post Indian Media Leverages Blockchain Tech to Verify General Election News appeared first on Cryptonews
Tron’s Parent Company Seeks Dismissal of SEC Lawsuit, Citing ‘Predominantly Foreign Conduct’
1.4.2024
The entity behind the layer-1 blockchain Tron has requested the dismissal of a lawsuit filed by the SEC against it, arguing that the regulator's focus on "predominantly foreign conduct" goes beyond its jurisdiction.
The post Tron’s Parent Company Seeks Dismissal of SEC Lawsuit, Citing...
Court Dismisses Custodia Bank’s Challenge Against Federal Reserve
31.3.2024
In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia Bank argued that the Federal Reserve Bank of Kansas City (FRBKC) was legally obliged...
Tornado Cash Developer Challenges Charges, Files Motion to Dismiss with Legal Arguments
31.3.2024
Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers Act.
The post Tornado Cash Developer...
Judge Rules Against Digital Asset Bank Custodia’s Bid for Federal Reserve Master Account
30.3.2024
Digital asset bank Custodia Bank has been denied a U.S. Federal Reserve master account by the United States District Court for the District of Wyoming.
The post Judge Rules Against Digital Asset Bank Custodia’s Bid for Federal Reserve Master Account appeared first on Cryptonews
Bitcoin Price Prediction as BTC Dips Below $70,000 Resistance – Time to Buy the Dip?
30.3.2024
With Bitcoin teetering near $70,000, experts forecast a surge, eyeing a historic leap that could redefine its market stance against tech giants.
The post Bitcoin Price Prediction as BTC Dips Below $70,000 Resistance – Time to Buy the Dip? appeared first on Cryptonews
Former FTX Executives and Promoters To Pay $1.35 Million in Lawsuit Settlement Deal
29.3.2024
Former executives and promoters of crypto exchange FTX have agreed to settle a class action following founder Sam Bankman-Fried's sentencing Thursday, court documents filed yesterday show. Former head of engineering for FTX, Nishad Singh, Alameda Research CEO, Caroline Ellison, chief technological...
Prisma Finance is up against the siphoning of $12 million
29.3.2024
Prisma Finance, a DeFi protocol that releases stablecoins supported by Ethereum liquid staking and re-staking tokens (LRTs), loses $12 million through a cyber attack. Initially noticed by Cyvers, a company in the field of blockchain safety, the hackers were able to empty the amount of 3,258...
Binance Executives File Suit Against Nigeria: Local Media
29.3.2024
The two Binance executives held in Nigeria after being invited for consultations filed suit against two government agencies for allegedly violating their human rights
Breaking: Judge Sentences FTX Founder Sam Bankman-Fried to 25 Years in Prison, Fined $11 Billion
28.3.2024
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison and an $11 billion fine, Judge Lewis A. Kaplan ruled in Manhattan federal courthouse Thursday morning. Kaplan likened Bankman-Fried’s theft of nearly $8 billion in customer funds to “a game,” where...
Joe Lieberman, Senator Who Crusaded Against Video-Game Violence, Dead At 82
28.3.2024
Joe Lieberman, a former U.S. senator who crusaded against violence in video games, has passed away at 82. According to a statement from his family, he suffered “complications from a fall.”Read more