SBF wants ‘Big Short’ FTX movie, Peter Schiff already calls it fiction
The crypto community was not happy with the news that Big Short writer Michael Lewis met with the former FTX CEO. Go to Source Powered by WPeMatico
Month: December 2022
FTX customers file class-action lawsuit to get priority reparations
Customer class members don’t want to stand in line along the creditors of a failed crypto platform. Go to Source Powered by WPeMatico
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy. Go to Source Powered by WPeMatico
Alameda wallets become active days after SBF bail, community mulls foul play
The recent movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised many eyebrows about the timing. Go to Source Powered by WPeMatico
Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities
Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm in Venezuela, more than 75 accounts have been blocked by Venezuelan private banks for facilitating crypto-to-fiat and fiat-to-crypto conversions since the end of 2021. Venezuelan … Read more
China’s CBDC wallet resorts to ages-old tradition to boost adoption
A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app. Go to Source Powered by WPeMatico
Executives from $1.5B South Korean crypto exchange fraud jailed
The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO was previously sentenced to a 22-year prison term. Go to Source Powered by WPeMatico
Kraken quits Japan for second time blaming a ‘weak crypto market’
The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023. Go to Source Powered by WPeMatico
FBI Renews Warning About Pig Butchering Crypto Scam Sweeping the Country
The Federal Bureau of Investigation (FBI) has reiterated its warning about a very popular crypto investment scam called “pig butchering” that is sweeping across the U.S. “Be very careful when you go on social media and dating apps and somebody starts developing a relationship with you,” cautioned an FBI specialist. FBI Warns About Pig Butchering … Read more
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now. Go to Source Powered by WPeMatico