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Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention
18.7.2023
The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the arrest of its head, Joselit Ramirez, due to alleged participation in a $20 billion corruption scandal involving the undeclared sale of crude oil...
South Korean Prosecution Vows to ‘Review’ Crypto Sector as Scandal Intensifies
25.5.2023
South Korea’s Prosecutor-General has promised a “thorough review” of the crypto sector amid rising “public suspicion” about politicians and their crypto holdings.
Per Yonhap, Prosecutor-General Lee Won-seok said his agency would “faithfully investigate” the sector.
And he pledged to “resolve...
Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets
24.5.2023
A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has been referred to the parliamentary ethics committee....
New Book Reveals Central Banks’ Role in Libor and Euribor Rate-Rigging Scandals
22.5.2023
According to an extract from a book called “Rigged,” central banks and global policymakers helped coordinate the rate-rigging scandals Libor and Euribor on a large scale. Written by Andy Verity, the book exposes how various central banks and politicians exerted pressure on banks during the Great...
Korean crypto executives allegedly profited $2.3M from coin listing scandal
22.5.2023
Projects were allegedly swayed into signing contracts with dubious market makers as consideration for listing on crypto exchange Coinone
Korean Crypto Exchanges Upbit, Bithumb Raided Over Lawmaker’s Crypto Dealings
17.5.2023
South Korean prosecutors have raided two of the country’s largest coin trading platforms within an investigation into the crypto investments of a politician. They seized materials from Upbit and Bithumb amid suspicions of wrongdoing related to the lawmaker’s cryptocurrency holdings. South Korean...
South Korean authorities raid Upbit, Bithumb crypto exchanges after political scandal
15.5.2023
The raids came as a local lawmaker stepped down from politics amid accusations of allegedly selling millions in cryptocurrency before new laws were enforced
South Korean Politician Quits Party Over Crypto Scandal
15.5.2023
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other...
Bahamas Securities Commission Unveils Draft Digital Assets Act in Response to FTX Scandal – Here's the Latest
27.4.2023
The securities regulator in the Bahamas has unveiled a new piece of draft regulation developed as a response to the collapse of the Bahamas-based crypto exchange FTX.
The new bill, titled the Digital Assets and Registered Exchanges (DARE) Bill 2023, is an update to the original DARE Act of 2020....
Solana overcomes FTX scandal, Hedera rise 7.43%. Will Collateral Network rise 3500%?
5.4.2023
Bitcoin (BTC) has been rallying hard and has breached the $28,000 price point. Money will flow into Ethereum (ETH), and the altcoin season begins. This can already be observed with Solana (SOL) overcoming the FTX scandal, Hedera (HBAR) is up 7.43% in the past week, and an exciting new presale...
How Crypto Ended Up at the Center of a Potential $20 Billion Internal Corruption Scandal in Venezuela — Bitcoin Mining Shutdown Results
24.3.2023
The establishment of sanctions by the Trump administration towards PDVSA, the state oil company in Venezuela, reportedly forced the hand of the government in the country to find alternative means of payment for crude oil. According to reports, more than $3 billion are missing from these payments...
Despite Scandals, Vince McMahon Will Be Playable In WWE 2K23
16.3.2023
According to a report from Axios, Vince McMahon will be a playable character in WWE’s upcoming video game, WWE 2K23. This news comes after the former WWE CEO’s scandal-riddled retirement last year, when The Wall Street Journal unearthed that McMahon paid four women $12 million in “hush money” over...
Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal
7.3.2023
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to...
Twitch Finally Addresses Porn Deepfake Scandal Over A Month Later
7.3.2023
A month after Twitch streamer Brandon “Atrioc” Ewing accidentally revealed that he was watching sexually explicit deepfakes of his fellow streamers while on stream, Twitch has issued a lengthy statement regarding its stance on the controversy and what the company is calling “synthetic...
FTX Scandal Deepens: Sam Bankman-Fried's Right-Hand Man Nishad Singh to Plead Guilty to Fraud
18.2.2023
Nishad Singh, the former director of engineering for collapsed crypto exchange FTX and Sam Bankman-Fried's right-hand man, is preparing to reach a plea deal with U.S. prosecutors
According to a Friday report from Bloomberg, the former FTX executive is planning to plead guilty to fraud charges...
TerraUSD Stablecoin Scandal: SEC Sues Terraform Labs and Do Kwon for Deceiving Investors – Here's What Happened
17.2.2023
The US Securities and Exchange Commission (SEC) has sued Terra founder Do Kwon and his organization Terraform Labs for securities fraud.
“[The SEC] today charged Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud...
The Aftermath Of Twitch's Deepfake Porn Scandal
10.2.2023
You know Sweet Anita. You’ve seen her streams, stumbled across her Twitter account, or watched clips of her on TikTok. She’s likable—the kind of person you could watch do anything, even as she clicks her tongue, whistles, and tells you fuck off. You’ve probably had her curse you out on repeat in...
Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty
8.2.2023
A former employee of major cryptocurrency exchange Coinbase has pleaded guilty to insider trading, marking the first crypto-related insider trading case in the US....
Read More: Coinbase Insider Trading Scandal Rocks Crypto Community – Former Employee Pleads Guilty
Popular Female Streamers Targeted In Deepfake Pornography Scandal
31.1.2023
Yesterday, Twitch streamer Brandon “Atrioc” Ewing issued a tearful apology during his livestream after he accidentally revealed that he had deepfake pornography of popular female Twitch streamers open on his computer. The video of his apology—in which he claims to have clicked an ad on PornHub...
The World's Biggest Chess Site Is Popping Off So Much, Fans Can't Play
24.1.2023
The halcyon days (if there ever were any) of the covid pandemic can still be felt today with the resurging popularity of online chess. However, the world’s largest chess website has become a victim of the king’s game’s success because its servers are struggling to meet the game’s online...