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Steven Nerayoff Lawsuits Will Reveal Facts Supporting Claims Against Key Ethereum Figures, Says Attorney
23.11.2023
Nerayoff’s lawyer detailed plans to legally confront certain Ethereum figures regarding its troubled early days. Image by yurii romanov, Vecteezy. In a new chapter of the ETHGate saga, Steven Nerayoff’s attorney, Michael Scotto, said they have ample evidence to back up forthcoming...
House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency
15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
12.11.2023
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of...
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
2.11.2023
The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency...
US Deputy Treasury Secretary Implies Some Crypto Firms Refuse to Stop Illegal Fund Movements
27.10.2023
The US government is increasing its efforts to combat cryptocurrency criminal funding, especially in response to terrorist attacks in Israel. The world’s largest economy has expressed concerns that some crypto firms are not doing enough to prevent illegal funds flowing to bad actors. Speaking...
Blockchain congestion and transaction queues actually deter ‘nefarious actors’ — Study
27.10.2023
According to the study, a blockchain’s “fullness” is directly related to its security
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
Scandal Unveiled: Web3 Game Project's $1.6 Million Exit Scam with Actors
21.10.2023
The development team behind the gaming project FinSoul has been accused of carrying out a massive exit scam, defrauding investors of $1.6 million through market manipulation.
According to a recent report from blockchain security platform CertiK, the FinSoul team allegedly employed paid actors...
FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns
20.10.2023
The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...
Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam
20.10.2023
CertiK says Standard Cross Finance hired actors to pose as executives, then dumped tokens on investors, draining $1.6 million from the project’s liquidity pool
Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages
10.10.2023
Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...
Hayao Miyazaki Trashing AI 'Art' In 2016 Feels Really Prophetic Now
2.10.2023
In 2016, the Japan Broadcasting Corporation (NHK) released a documentary about Hayao Miyazaki, the director behind legendary Studio Ghibli films like Princess Mononoke and Spirited Away. Called Never-Ending Man, the documentary explores the beloved filmmaker’s artistic philosophy, but online,...
Video Game Voice Actors Are Ready To Strike Over AI. Here’s Why
26.9.2023
Sarah Elmaleh didn’t expect to find herself on the frontlines of a medium-defining fight over the use of AI in game development when she entered the video game industry over a decade ago. The voice of Katie in 2012’s seminal indie hit Gone Home, Elmaleh arrived in California just in time for...
Californian lawmaker proposes legislation to protect actors from AI clones
14.9.2023
Californian Assembly Member Ash Kalra labeled the bill as a “common sense requirement” to help protect the work of actors, artists and entertainers
CFTC Commissioner Calls for Fraud Database to Allow Investors to Identify Bad Actors
12.9.2023
Christy Goldsmith Romero, commissioner of the Commodity Futures Trading Commission (CFTC), has proposed the creation of a federal fraud database that would allow investors to identify individuals with bad reputations.
The registry aims to provide investors and law enforcement with easy access...
Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE
28.8.2023
Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week
SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’
30.7.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds...
Despite Uproar, Crypto Bounties to Unmask Bad Actors Starts to Get Traction
28.7.2023
Arkham customers are seeking to identify whomever was behind FTX and Wintermute’s huge hacks as well as an alleged meme-coin rug pull
Genshin Impact Voice Actors Say They Aren’t Getting Paid, Want Game Unionized
14.7.2023
Genshin Impact is one of the biggest, most successful video games in the world, bringing in tens of millions of dollars a month for developer/publisher miHoYo. However, according to some voice actors involved with the popular game, they don’t get paid for months, and it’s causing some to possibly...
Arkham CEO rebuts claims of ‘snitch-to-earn’ program, says it's to find bad actors
12.7.2023
Arkham CEO Miguel Morel said public blockchains are "probably the worst possible way of keeping one's private information private.”