Stake.com gambling site denies ties to FTX’s Daniel Friedberg
Ed Craven and Bijan Tehrani reportedly sought advice from Dan Friedberg before Stake’s launch. More than a decade prior, Friedberg helped launch the online poker site Ultimate Bet.
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‘Weird’ fraudster Sam Bankman-Fried stole billions—how? Kurt Wuckert Jr. explains on Messy Times
Kurt Wuckert Jr. joined the Messy Times podcast to talk about the recent FTX meltdown, the fraud associated with it, Sam Bankman-Fried's true personality, and much more.
India freezes $1.5M of laundered funds linked to mobile gaming scam
The Enforcement Director D froze a wallet containing 77 BTC, which was bought through WazirX and later transferred to Binance by the operators of E-Nuggets mobile gaming scam.
John McAfee’s ICO partner gets lifetime ban, $375K fine in SEC case ruling
Jimmy Gale Watson Jr was allegedly in charge of negotiating with the ICO projects that McAfee promoted on social media and helped him cash out the awarded tokens.
US judge rules against SEC’s contradicting defense over Hinman speech in Ripple case
SEC argued that Hinman’s speech was a personal errand while also claiming he received legal counsel from SEC lawyers, and Judge Netburn isn’t impressed.
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.
SEC adds Terraform Labs unregistered securities ruling to Binance, Coinbase suits
The U.S. regulator is looking to get the upper hand in its case against Binance and Coinbase, using its recent victory against Terraform Labs as leverage to bolster its unregistered securities claims.
LBRY’s last stand comes to nothing as the company says its farewell
LBRY Inc. announced its official closure in a last community post on October 20, citing a court loss and “several million dollars in debts.”
Coinbase losses increase as trading volume dries up and USDC shrinks
Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period last year and 8.3% below the first quarter of 2023.
BTC Core maintainer Marco Falke resigns
Falke joins other BTC Core code devs who announced they would resign from their commit-access roles in the past two years, which include Wladimir van der Laan, Samuel Dobson, and John Newbery.
Richard Heart’s HEX token plummets amid more Ponzi allegations, SEC investigation
The Hex token barely broke above 1 cent between its launch at the end of 2019 and mid-2021, but then surged to $0.51 in September 2021, but despite these, it has been on a downward price trend since.
Unravelling the Moonstone Bank stablecoin gambit
A few weeks before the collapse of FTX, Moonstone Bank partnered with fintech company Fluent Finance on a stablecoin venture to "accelerate crypto adoption by issuing US+ stablecoin."