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Search Results for: asset recovery

Tim Berners-Lee doesn’t understand Bitcoin—that’s a shame
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23 February, 2023

Tim Berners-Lee doesn’t understand Bitcoin—that’s a shame

Aside from expressing his dismay over the speculative nature of digital currencies, Tim Berners-Lee was also dissatisfied with blockchain, claiming...
Norway recovers nearly $6M from 2022’s infamous Ronin hack
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21 February, 2023

Norway recovers nearly $6M from 2022’s infamous Ronin hack

Working with the FBI and DOJ, Norway successfully recovered $5.9 million worth of digital currencies from the Ronin hack perpetuated...
Paxos ordered to cut ties with Binance, will stop minting BUSD stablecoin
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14 February, 2023

Paxos ordered to cut ties with Binance, will stop minting BUSD stablecoin

Citing "unresolved issues" tied to its relationship with Binance, the NYDFS ordered Paxos to halt the minting of BUSD while...
US gov’t, creditors oppose Celsius’ proposed restructuring extension
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14 February, 2023

US gov’t, creditors oppose Celsius’ proposed restructuring extension

The U.S. Trustee, unsecured creditors, and an ad hoc group of borrowers all filed objections against the extension, saying Celsius...
Digital Currency Group’s Genesis bankrupt lending platform seals creditor deal
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7 February, 2023

Digital Currency Group’s Genesis bankrupt lending platform seals creditor deal

Winklevoss twins announced that Gemini had "reached an agreement in principle" with Genesis Global Capital, DCG, "and other creditors on...
Bitconnect promoter ordered to pay $17M to 800 fraud victims
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16 January, 2023

Bitconnect promoter ordered to pay $17M to 800 fraud victims

The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
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