Reggie Fowler to plead guilty to running digital asset shadow bank
Reginald Fowler has told the court that he intends to plead guilty to charges of fraud, money laundering and running an unlicensed money transmitting business.
Latest Bitfinex News
Bitfinex sued over failure to safeguard stolen EOS
The integrity-challenged parent company of dodgy cryptocurrency exchange Bitfinex has been sued by a man who accuses the exchange of failing to safeguard hundreds of thousands of dollars’ worth of stolen EOS tokens.
Bitfinex hack: One-half of NYC couple accused in $4.5B laundering case released on bail
Judge Beryl Howell has revoked the bond which had been granted to Ilya Lichtenstein, agreeing with prosecutors that he was a flight risk but has released Heather Morgan.
Will the US gov’t dump $3.6 billion of BTC soon?
As more people begin to accept that a prolonged bear market is likely upon us, the fear that the U.S. government could dump 94,000 BTC on the market has few people worried.
Bitfinex: DOJ seizes over 94,000 BTC related to 2016 exchange hack, arrests couple
The arrests, reportedly linked to the 2016 Bitfinex hack, "show that cryptocurrency is not a safe haven for criminals" according to Deputy Attorney General Lisa O. Monaco.
BTC price drops and Coinbase goes offline… temporarily
The Coinbase trading suspension might have been short and temporary, but for many it's enough to cause losses. Are regulators watching this space?
Bitfinex to leave Ontario as regulatory pressure piles up
Bitfinex didn’t reveal the reason for the sudden departure, but it advised Ontario users to withdraw their assets by March 1 before their accounts are closed permanently.
Tether gets sued again, claims latest suit is ‘nonsense’
A pair of disgruntled users has filed a fraud claim in the Southern District of New York against Tether Holdings Limited and a handful of its related business entities, including iFinex and exchange Bitfinex.
CFTC orders Tether to pay $42.5M, tells it not to break the law again
The U.S. Commodity Futures Trading Commission has slapped Tether with US$42.5 million in penalties, saying it made "untrue" and "misleading" statements and "omissions of material fact" in its management of the USDT.
Brock Pierce, risky loans, plastic surgeon and bullying: Inside Tether’s $68B house of cards
Bloomberg BusinessWeek recently published an exposé on the company, detailing how it rose to become so powerful, the people pulling the strings, and where the money is hidden, among other details.
Bitfinex goes offline—yet again
Cryptocurrency exchange Bitfinex went offline on Thursday for over two hours, halting trading on its platform and leaving traders in the dark.
Reginald Fowler court date set for early 2022
Reginald Fowler stands accused of providing shadow banking services through his firm Crypto Capital among multiple other charges. The firm has links to both iFinex, the parent company of Bitfinex and Tether, and Colombian drug cartels.