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Dogecoin Price Pumps on Moon Plans, But Is GROK For Real Or is $1.8m Meme Kombat the Best of the Meme Coin Bunch?
17.11.2023
Friday, November 17th, 2023 – The Dogecoin price is up 17% to $0.089 in a community-inspired surge, while new coin GROK hit a $200 million valuation before it was brought low by scam accusations and Meme Kombat raises $1.8 million, as meme coins strut their stuff. A plan by the Dogecoin community...
Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
8.11.2023
Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), which have...
Terraform Labs and Do Kwon Challenge SEC, Seeking Dismissal of Multi-Billion Dollar Fraud Charges
31.10.2023
In the latest legal maneuver, Terraform Labs and its former CEO Do Hyeong Kwon (Do Kwon) have submitted a comprehensive Motion for Summary Judgment, seeking an immediate dismissal of the fraud charges levied against them by the U.S. Securities and Exchange Commission (SEC). Terraform Labs and...
Stars Arena Crypto Social Platform Faces Internal Challenges as Another Team Member Resigns – What’s Going On?
31.10.2023
Another team member has said goodbye to the Avalanche-based social finance platform Stars Arena. And the situation is only heating up, with criticism and accusations filling the comments sections. According to a tweet posted on Monday evening (UTC time), “as of today, KookCapitalLLC has been...
SBF’s Legal Battle: Scaramucci’s Grim Outlook on Testimony
27.10.2023
FTX founder Sam Bankman-Fried began testimony in his own fraud trial on Thursday, defending himself from accusations of intentionally defrauding his exchange’s customers. Prior to taking the stand, SkyBridge Capital founder Anthony Scaramucci said that the former crypto mogul’s odds...
Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial
25.10.2023
Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken against him in recent weeks. Facing Accusations:...
Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly
23.10.2023
Coinbase Global Inc. (COIN) is set to make its final case on Tuesday that a judge should spring it from the clutches of the U.S. Securities and Exchange Commission (SEC) in its unregistered-securities dispute
Google to protect users in AI copyright accusations
13.10.2023
Google explicitly stated that only seven products fall under this legal protection excluding Google's Bard search tool
Brazilian Football Legend Ronaldinho Denies Crypto Scam Accusations
1.9.2023
Retired Brazilian soccer star Ronaldinho Gaucho has denied accusations of involvement in a cryptocurrency pyramid scheme bearing his name.
On Thursday, the soccer star, whose real name is Ronaldo de Assis Moreira, appeared before a group of lawmakers at a congressional hearing to address these...
Google responds to accusations of ads tracking data of children
21.8.2023
After an in-depth report surfaced over YouTube advertisers potentially harvesting data from children, Google responded by saying it has “strict policies” over children’s content
DOJ Demands Revocation of Bankman-Fried’s Bail, Wants Him Confined in Metropolitan Detention Center for Trial
4.8.2023
After accusations against the disgraced FTX co-founder, Sam Bankman-Fried, for allegedly meddling with a witness by providing the New York Times with excerpts from former Alameda Research CEO Caroline Ellison’s private journal, the legal team representing Bankman-Fried countered by insisting...
Sam Bankman-Fried Seeks to Avoid Jail, Denies Witness Tampering in FTX Case
3.8.2023
Founder of bankrupt crypto exchange FTX, Sam Bankman-Fried (SBF), has sought to avoid being jailed, denying prosecutors’ accusations of witness tampering that followed an interview he gave for the New York Times. The indicted crypto mogul also argued that revoking his bond would violate his right...
Double Standards in Finance: SBF’s Legal Troubles Spark Concerns
29.7.2023
Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer...
Terra interim CEO says any 'little progress' made gets derailed by accusations
23.7.2023
Terraform Labs recently appointed CEO Chris Amani held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs
Celsius Network and Alex Mashinsky face SEC fraud accusations
14.7.2023
The SEC has gone after yet another crypto-based firm, namely Celsius Network. The US Security Board has charged the crypto lender firm and its founder, Alex Mashinsky, with fraud. According to the official report by the SEC, the former CEO violated the anti-fraud and registration provisions of...
China-Africa Economic and Trade Expo Aims to Defy Western ‘Debt Trap’ Accusations, Generating $19 Billion in Trade Deals
2.7.2023
According to a report from the third annual China-Africa Economic and Trade Expo, Africa and China are continuing to strengthen their long-term trade ties. China wants to be one of Africa’s largest trading partners, and reports revealed on Friday that this year’s expo is expected...
Bitcoin Firm Coinbits Suspends Operations Amidst Custodian Prime Trust’s Financial Woes
29.6.2023
The cryptocurrency firm and bitcoin investment app, Coinbits, has announced the suspension of its services due to complications involving the Nevada-based custodian, Prime Trust. Following accusations of insolvency and breaches of fiduciary responsibilities, Nevada’s financial regulators...
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
28.6.2023
On Monday, FTX released a second investigative report accusing co-founder Sam Bankman-Fried and senior executives of commingling customer deposits and corporate funds and misusing them. The report alleges that they spent $243 million on luxury residential real estate for senior staff and family...
Influencer Formerly Associated with Azuki Postpones NFT Drop After Plagiarism Accusations
24.6.2023
Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals
A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations
14.6.2023
Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase