The U.S. securities regulator charged several well-known celebrities, including actress Lindsay Lohan and social media personality Jake Paul, with participating in paid promotional schemes for digital assets without disclosing their compensation.
The SEC claims TRX and BTT prices were driven by "wash trading," Sun and his employees manipulated prices for those assets with over 4.5 - 7.4 million tokens used in 600,000 fake trades between 2018 and 2019.
The BitTorrent Foundation recently announced plans that it would introduce its own cryptocurrency, the BitTorrent Token (BTT), a utility token built on the Tron blockchain.
BitTorrent is introducing a BTT token for users to pay for prioritized access to files, while incentivizing them to continue sharing these.
The creator of BitTorrent, Bram Cohen, thinks he’s got a solution to the negligible climate impact of mining cryptocurrencies, with his new Chia token.
