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Business

CFTC sues Ooki DAO founders: The myth of decentralization is coming unglued
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4 October, 2022

CFTC sues Ooki DAO founders: The myth of decentralization is coming unglued

Decentralization does not equate to having legal immunity, as seen in the suit faced by Ooki DAO, who's being pursued...
Kim Kardashian settles for $1.26M with SEC over EthereumMax promotion
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4 October, 2022

Kim Kardashian settles for $1.26M with SEC over EthereumMax promotion

The celebrity posted on Instagram an ad that promoted EthereumMax to her 250 million followers, failing to disclose that she...
UAE’s Ministry of Economy opens office in the metaverse
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4 October, 2022

UAE’s Ministry of Economy opens office in the metaverse

Abdulla bin Touq Al Marri, the country’s Minister of Economy, says legally-binding agreements can be signed in the metaverse, and...
Russia eyes use of digital ruble in transacting with China
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4 October, 2022

Russia eyes use of digital ruble in transacting with China

As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...
Delaware Justice Department freezes accounts of ‘pig butchering’ romance scammers
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4 October, 2022

Delaware Justice Department freezes accounts of ‘pig butchering’ romance scammers

Over 20 people and entities allegedly running a "pig butchering scam" as claimed by victims had their accounts frozen, a...
Philippines securities regulator warns against ‘10x ICO project’ LodiCoins
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4 October, 2022

Philippines securities regulator warns against ‘10x ICO project’ LodiCoins

While LodiCoins claimed to be issuing utility tokens, the SEC maintains that investors expected profits from the actions of the...
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