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Founders of $400 Million Cryptocurrency Ponzi Scheme Arrested in Argentina


Two individuals, a woman and a man, were captured in Argentina on charges of having perpetuated a Ponzi scheme that moved over $400 million in cryptocurrency in Brazil. The operation managed to track the couple’s whereabouts with the help of the Argentine Federal Police and Interpol....

Winklevoss Twins Back Crypto-Friendly Politicians by Donating $4.9M


Gemini co-founders Tyler Winklevoss and Cameron Winklevoss have contributed a sum of $2.45 million each to the crypto super political action committee (PAC). The post Winklevoss Twins Back Crypto-Friendly Politicians by Donating $4.9M appeared first on Cryptonews

Peter Thiel’s VC Firm Founders Fund Made $200M Crypto Bet Last Year


San Francisco-based venture capital firm Founders Fund has once again jumped on the crypto bandwagon. Reuters reported on Monday that Peter Thiel’s VC allocated $200m toward crypto from late summer to early fall of 2023. Half of this investment was directed towards Bitcoin, with the other...

End of the Line for OPNX, Built by Three Arrows Co-Founders Zhu and Davies


OPNX has declared it will cease all activities next month. This decision comes as co-founders Su Zhu and Kyle Davies grapple with legal repercussions stemming from their previous venture’s failure, Three Arrows Capital. OPNX to Shut Down Amid Three Arrows Co-Founders’ Legal Troubles...

Three Arrows Co-Founders’ OPNX Exchange to Cease Operations


Crypto exchange OPNX launched by Three Arrows Capital co-founders has announced it will “officially cease operations and shut down in February 2024.” The exchange said in an email it will cease all operations on 14 February. OPNX is asking customers to settle positions before 7 February, 8 AM...

OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail


Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...

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