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Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com


Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com account in May 2021. Due to a discrepancy between account names, the transaction was rejected,...

Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023


The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their...

Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank


Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According...

GameStop YouTuber Roaring Kitty Just Sent The Meme Stock Back Into Orbit


Keith “Roaring Kitty” Gill returned to Twitter last month and sent GameStop’s stock price on its biggest roller coaster ride in years, and all with a mere series of random meme montages. Now he’s posted what might be a glimpse of his portfolio, including 5 million shares of GME, and the stock...

Russian Court Jails Finiko Crypto Scam Exec for Three Years


A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.” The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews

Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says


Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...

First USDC airdrop sent out; Octoblock has many more coming


Octoblock’s ICO is young at phase 4, yet it has seen its first USDC airdrop, and many more are lined along its 14 phases. Octoblock is running an exciting ICO, hoping to distribute 240M tokens, with 16M tokens available in phase 4.  The early phases feature discounted OCTO token prices and higher...

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