Crypto Crime Cartel: Behind Adam Back and Blockstream’s attempts to constrain Bitcoin
Blockstream CEO Adam Back desperately wants to be seen as Bitcoin’s all-father despite his ongoing efforts to strangle Bitcoin in its cradle.
Latest Crypto Crime Cartel News
Binance under investigation by IRS and DoJ
Binance is under investigation by the Inland Revenue Service (IRS) and U.S. Department of Justice (DoJ), according to a report by Bloomberg.
BitMEX founders hit with yet another RICO suit; criminal trial set for March 2022
BitMEX and its trio of founders Arthur Hayes, Benjamin Delo and Samuel Reed are facing yet another RICO lawsuit in California, as shown by newly-filed court documents.
Former BitMEX CEO Arthur Hayes surrenders to face US charges
Arthur Hayes has reportedly surrendered himself to U.S. authorities in Hawaii, to face charges of failing to implement money laundering protections at BitMEX exchange.
Tether is still lying to you
Tether is becoming an artisan at promising to provide an audit showing that its stablecoin is fully backed and then doing everything in its power to avoid exactly that.
Why aren’t digital asset providers held to their promises?
The digital asset industry has a specific problem which, despite hurting consumers and adoption, receives little attention: dishonest advertising.
Coinbase gets $6.5 million penalty from CFTC over in-house trading issues
The charges, which the CFTC filed and settled on the same day, were for "reckless false, misleading or inaccurate reporting" as well as wash trading on its GDAX digital asset platform.
The endangered state of digital asset exchanges
The U.S.’s expanding offensive on digital asset players should be a clear signal that existing regulatory structures apply to the digital asset ecosystem.
Crypto Crime Cartel: Binance investigated by CFTC
Binance is the subject of an active investigation by the Commodity Futures Trading Commission for potentially offering digital asset derivative products to U.S. citizens in contravention of U.S. regulations.
BitMEX co-founder Ben Delo surrenders in US, released on $20M bail
Under the terms of the bond, Ben Delo can travel back to the United Kingdom and return to the United States only when called upon by the court.
Crypto Crime Cartel: John McAfee, Arthur Hayes arrested and more Mt Gox deflection
Two prominent names in the Crypto Crime Cartel were arrested as the long overdue legal reckoning chews through prominent industry companies and individuals at the start of what is set to be a busy 2021.
Ripple executive chairman joins motion to dismiss US regulator’s case
In a move that echoes the approach of CEO Brad Garlinghouse, also implicated in the court action, Chris Larsen’s representatives set out four arguments for dismissal in a letter to the court.