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Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
25.9.2023
Jatinder Singh and his partner bought four houses, cars, artwork and other luxurious items with money they received due to an accounting error by Crypto.com, according to the Guardian
Decade-Old ‘Sleeping Bitcoins’ Awaken: $8 Million Moved From 2012 Addresses
25.9.2023
In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet...
Amber Heard Spent Two Months Designing Overwatch Mercy Cosplay For Ex Elon Musk
12.9.2023
Writer Walter Isaacson spent two years following Twitter overlord Elon Musk as he worked on his biography Elon Musk, which released September 12. That thorough work paid off—readers can sleep easy knowing that one of the richest men in the world might be into Overwatch roleplay. Read more
Baldur’s Gate 3 Player Spent The Month Murdering 583 NPCs
28.8.2023
For the past few weeks, Reddit user and Baldur’s Gate 3 player u/caufenkamp has been using the BG3 sub to catalogue their guilty pleasure: genociding NPCs. They hit a new milestone on August 26, having murdered and left to rot 583 NPCs from the D&D role-playing game’s Act 1 and Act 2. Read more
Bankman-Fried Donated $100 Million of FTX Money to Politicians, Prosecutors Claim
16.8.2023
Crypto exchange FTX founder Sam Bankman-Fried (SBF) spent more than $100 million of customer funds on political donations, according to an amended indictment. On Monday, U.S. federal prosecutors also alleged that he used two FTX executives as “straw donors” to evade contribution limits....
Rare 2010 Bitcoin Block Reward Stirs After 13 Years of Dormancy
25.7.2023
On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have been spent, resulting in the transfer of...
Court: FTX spent $400 million on the acquisition of its European branch
13.7.2023
The goal behind an overpriced buyout of the Swiss company was to get a proper European license
Player Who Spent $1.5K On Rainbow Six Siege Sentenced For Swatting Ubisoft Studio
7.7.2023
The player responsible for a 2020 swatting incident at Ubisoft Montreal has been sentenced in French court to three years of community service, the Montreal Gazette reports. The player called in a hostage situation at the Assassin’s Creed and Far Cry studio leading to a lockdown and raid by police...
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...
Dormant Bitcoin Wallets From 2010 Resurface: 100 Bitcoins Transferred After More Than 12 Years
26.6.2023
Following the spending of 50 bitcoins from 2010 on June 15, after more than 12 years of dormancy, approximately 11 days later, another group of dormant wallets created in 2010 transferred 100 bitcoins worth just over $3 million for the first time in well over a decade. 2023 Records 8 Block Rewards...
Nintendo Shareholder Meeting Disrupted By Fan Who Spent $3.5K To Complain About Splatoon
23.6.2023
There’s no other video game company quite like Nintendo, and the same thing appears to be true about its fans. One reportedly spent roughly $3,500 on company stock to interrupt the most recent shareholders meeting and seemingly rant about the lack of male hairstyle customization options in Splatoon...
FTX Spent Over $120 Million on Advisory Fees in Just Three Months as Bankruptcy Proceedings Continue
20.6.2023
The bankrupt crypto exchange FTX is facing escalating legal and advisory costs, recent filings submitted by the exchange’s bankruptcy advisors have revealed.
Judging from information in the filings, FTX's advisors billed the exchange a staggering $121.8 million in fees and expenses for the period...
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
19.5.2023
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins
Feds Have Spent Years Trying To Evict A Billionaire's Massive Transformers
6.4.2023
A DC neighborhood has been trying to evict a pair of Transformers sculptures—Optimus Prime and Bumblebee, to be precise—for over two years. Their owner has held firm so far, but a federal board recently voted that these statues can’t stay in the historic Georgetown neighborhood.Read more
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...
Mirror Trading International Liquidators Spent More Than $6 million on Lawyers and Investigators
27.2.2023
Liquidators of the now defunct bitcoin trading platform, Mirror Trading International have so far used approximately $4.2 million on expenses such as lawyers’ or consultants’ fees. Between Jan. 23, 2023, and the date of their appointment, liquidators claimed to have recovered...
Crypto Industry Spent Record $21M on Lobbying Last Year - Coinbase Leads the List
18.2.2023
Crypto companies spent a record $21.55 million in 2022 on Washington lobbying, with major cryptocurrency exchange Coinbase leading the list.
Last year's spending was more than double the crypto industry’s lobbying outlay of $8.29 million for 2021, according to an analysis of disclosures...
Crypto investors spent $4.6B buying 'pump and dump' tokens last year
17.2.2023
Nearly 10,000 tokens launched on BNB and Ethereum last year are suspected to have been created just to dump on investors, according to Chainalysis
FTX Co-Founder’s Alleged Extravagance Comes to Light in Bankruptcy Court Documents
9.1.2023
Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover...
FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
9.1.2023
FTX did not hold back on company expenses in the Bahamas, according to court documents