FUD – DIGIT INFO

Gate.io threatens legal action against rumor-mongers

Insolvency rumors surfaced after a series of events involving Multichain. Gate.io has denied any liquidity issues.

Bitcoin bulls’ desire for a trend reversal could be obliterated by this week’s $565M options expiry

Significant headwinds continue to batter BTC price, and this week’s options expiry is unlikely to provide any relief.

SEC accuses Utah firm of ‘fraudulent’ $18M crypto mining scheme

The SEC said Green United’s operation was a fraud and the community was quick to quell fears of the SEC classing crypto mining as a security in the suit.

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Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts

Tether has hit back at a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts.

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FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange

On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a […]

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Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. However, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue. A Huobi spokesperson later confirmed that the staff cuts are true and Huobi plans […]

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CZ addresses reasons behind Binance’s recent FUD

Binance’s FUD is primarily caused by external factors – not by the exchange itself, according to CZ.

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Binance addresses 7 instances of recent FUD in Chinese blog post

Binance is fighting back against the tsunami of FUD it has faced in recent weeks.

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Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web

The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following the FTX collapse last month. Mazars Group Pauses Crypto Company Audits, Binance […]

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CryptoQuant verifies Binance’s reserves, reports no ‘FTX-like’ behavior

Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.

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