Celsius seeks to extend deadline for customers to file claims
Celsius set the initial deadline to January 3 but is now seeking to push it to early February, with those who fail to file risking losing out on distribution.
Latest Crypto Crime Cartel News
Investors sue Winklevoss twins for fraud over Gemini’s interest-bearing accounts
Gemini was among the many digital asset companies offering Earn accounts but with the contagion hitting its business partner Genesis, it suspended the accounts.
Top FTX creditors want their identities kept secret
Non-U.S. FTX customers argue that their identities should be kept hidden during court proceedings, as revealing them could put them at risk of scams and identity theft, a call opposed by the DOJ.
Smoke & miners: Myth of BTC network ‘decentralization’ exposed
The next 'halving' of the BTC block reward, expected to take place in mid-2024, would further reduce margins and squeeze out smaller miners struggling to make a profit from their existing operations.
Blockware sued by BTC mining client for fraud
London-based Faes & Company claims that Blockware lied about owning hosting facilities and BTC mining machines' uptime and wants $250,000 in damages.
BTC hash power centralization
Industry players behind the BTC software control the hash power, while companies with weak cash positions and low debt suffer, cementing BTC's position as a 'very, very' centralized system.
Chico Crypto exposes the Digital Currency Group plot to destroy Bitcoin
YouTuber Chico Crypto claims that the likely implosion of Digital Currency Group will result in a new level of crisis that can lead to regulators taking immediate action against the asset class.
SEC wants Hinman speech materials sealed in court battle with Ripple
The securities regulator filed a motion claiming that the Hinman speech materials need to be sealed as they “unquestionably reflect confidential deliberations” by its officials.
DOJ opens probe into FTX ‘hack’ while SBF gets a new judge
The DOJ is looking into the $372 million hack from FTX-controlled wallets that occurred the day after the embattled firm of former CEO Sam Bankman-Fried filed for Chapter 11 bankruptcy.
Sam Bankman-Fried’s only way out is ratting on Binance and Tether
Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt he has on the biggest crypto criminals: Binance and Tether.
Why did Bitfinex delist BSV? Joshua Henslee explains the situation
Henslee concludes that it’s a good thing BSV was delisted from Bitfinex as this exchange is shady for him, and it’s best not to be associated with it in any way, shape, or form.
Sam Bankman-Fried out of jail on $250M bail… sort of
Just a day after his extradition from the Bahamas to New York City, FTX CEO Sam Bankman-Fried was freed on a US$250 million bond, although he'll have to remain under virtual house arrest.