BitMEX market manipulation lawsuit dismissed over being ‘too lengthy’
A California judge threw out the lawsuit accusing BitMEX of market manipulation and fraud, claiming that the plaintiffs copied it from a similar lawsuit.
Latest Crypto Crime Cartel News
OneCoin scam: Seychelles asked to probe transfer of $10B in BTC
A British lawyer has filed a request for Seychelles authorities to probe transactions related to 230,000 BTC that have been linked to the country and to OneCoin.
Block.one wash trading? New report puts EOS developer in more jeopardy over controversial ICO
Integra FEC recently issued a report authored by University of Texas professor John M. Griffin featuring the provocative title, “Were ETH and EOS Repeatedly Recycled during the EOS Initial Coin Offering?”
Coinbase: US regulator warns enforcement action over Coinbase Lend
Coinbase has been served with a Wells notice, a formal letter sent by the SEC to notify people or firms that it has concluded they are in violation of securities laws and is intending to bring an enforcement action against them.
MicroStrategy execs selling off stock after BTC bull run?
MicroStrategy executives have sold off nearly US$175 million in company stock over the past year, cashing in on a bull run in both company share and BTC prices.
Binance regulatory walls getting higher: Exchange halts Singapore products as South Africa issues fresh warning
Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning against Binance.
SEC charges BitConnect founder with $2B scam as promoter pleads guilty
The securities regulator has levied a new action against BitConnect founder Satish Kumbhani and the lead U.S. promoter after they allegedly defrauded 325,000 BTC from investors.
Ripple wants to know whether SEC employees held any XRP in latest motion
Ripple has filed a motion seeking to compel the SEC to reveal whether any of its staff members held XRP as it builds on its lack of fair notice defense.
Ethereum forks after critical bug affects 54% of nodes
It seems like every week we are reporting on problems related to the Ethereum network. This week, Vitalik Buterin’s brainchild was rocked by a critical bug that affected an estimated 54% of nodes.
Tether desperately trying to stop NYAG probe results from going public
The Office of the Attorney General received a Freedom of Information Law (FOIL) request at the end of June, demanding material associated with the settlement agreement reached between the NYAG and Tether/Bitfinex.
Tether banned on Canada’s first 2 licensed digital currency exchanges
Due to Tether’s legal troubles, the Ontario securities regulator has placed the digital currency under “Prohibited Crypto Assets,” the only asset under this category.
Binance show goes on: No to Norway, yes to Singapore plus angry whale traders
The latest reports paint a picture of an extremely wealthy company (and founders), one that is facing very different situations in the various jurisdictions it operates in.