Data Appear to Contradict Bitfinex’s Dwindling Bitcoin Deposits Narrative
Bitfinex’s Bitcoin deposits diminished by 135,000 BTC and data appears to contradict the exchange’s rationale for this occurrence. Go to Source Powered by WPeMatico
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It Looks Like Some Stolen Bitfinex Coins Are Already Back at Bitfinex
$1 Billion worth of BTC stolen from Bitfinex in 2016 could be dumped onto the market by the thieves, while apparently a few BTC found their way back to the exchange. Go to Source Powered by WPeMatico
Poloniex, Bittrex Named in Lawsuit Involving the Alleged Tether-Fueled Crypto Pump
On April 3, the cryptocurrency community learned about 11 class-action lawsuits against various executives and digital asset companies. The law firm that filed the lawsuits is also involved with a class-action against Tether and Bitfinex for allegedly manipulating the price of bitcoin. On June 4, the plaintiffs and the litigation firm, Roche Cyrulnik Freedman added … Read more
Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5
As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes. Go to Source Powered by WPeMatico
Bitfinex and Tether Reject ‘Baseless’ Lawsuit Filed Against Them
Bitfinex and Tether have addressed the updated lawsuit which accuses them of market manipulation. Go to Source Powered by WPeMatico
Bittrex and Poloniex Targeted in Class-Action Crypto Manipulation Suit
Bittrex and Poloniex have become embroiled in a class-action lawsuit that alleges USDT created out of thin air drove the 2017 bull run. Go to Source Powered by WPeMatico
Hackers Move Another $800K in BTC Stolen From the 2016 Bitfinex Breach
Another $800,000 worth of bitcoin from the Bitfinex hack of four years ago has been moved to an unknown wallet. Whale Alert reports that hackers transferred 77.64 bitcoin (BTC) on Tuesday, which amounts to $797,000 at the time the alert was issued. The thieves last moved about $255,000 or 28.4 BTC on May 22, in … Read more
Bitcoin Price Above $10K Sees ‘Strange’ Premium After $1M BTC Buys
A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out. Go to Source Powered by WPeMatico
Bitfinex is Constantly Printing More Tether, None Of It Has Ever Been Burned
A report indicates that no Ethereum-based Tethers have ever been burned, though new ones are constantly being printed. Go to Source Powered by WPeMatico
Do Zero-Reserve Loans Make Tether Better Off Backed by Bitfinex Stock?
With the Federal Reserve now allowing US banks to issue loans with zero reserve, is Tether better off backed by Bitfinex shares than dollars backed by nothing? Go to Source Powered by WPeMatico