With the launch of Dr. Craig Wright’s colossal lawsuit accusing exchanges Coinbase and Kraken of passing-off digital assets (such as BTC) as Bitcoin, the term is likely to become a popular topic of discussion among digital asset circles.
Indian police thought they were curbing a simple job scam but stumbled upon one of the largest digital asset scams, with Binance and OKCoin reportedly at the heart of it.
Coinbase doesn’t care about anything other than making money. For them, the law is secondary and they intentionally chose to overlook it.
Dr. Craig Wright is suing Coinbase and Kraken over their use of the name Bitcoin in relation to assets that do not conform to the system described in the white paper.
The bills, which are designed to hinder Russian oligarchs from evading sanctions, are allegedly part of a vendetta by Sen. Elizabeth Warren, according to Blockchain Association and its partner firm Forbes Tate Partners.
The digital asset lending company recently updated its risk disclosure to point out that aside from lost keys and stolen coins, regulators are now a risk.
As the CFTC deliberates whether or not to allow FTX to algorithmically settle margin trades, Sam Bankman-Fried, revealed how DeFi works similar to a Ponzi scheme in an episode of the Odd Lots podcast.
If found guilty of the charges, Alejandro Cao de Benos and Christopher Emms faces up to 20 years in prison. Currently, both individuals remain at large.
Binance argued in a Texas court that it should not be held responsible for the loss of the funds even though the scammers cashed out through its platform.
Controversial digital currency exchange Binance has a lot of ‘splainin to do after it unveiled—and then quickly withdrew—a new swastika-themed emoji on Adolf Hitler’s birthday.
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.
Former Ethereum developer Virgil Griffith received a 63-month prison sentence for teaching North Koreans how to use digital currencies to evade sanctions.
