-
bob wrote a new post
1 year, 8 months ago
New York Attorney General Sues Gemini, Genesis, and DCG for Defrauding Investors of $1.1 Billion
New York Attorney General Letitia James has filed a lawsuit against cryptocurrency firms Gemini, Genesis, and Digital Currency Group (DCG), accusing them of defrauding 230,000 investors out of $1.1 billion. The…
-
bob wrote a new post
1 year, 8 months agoCalgary Residents Lose $22 Million to Crypto Scams in 2023, Authorities Warn of Underreported Fraud
The Calgary Police Service has issued a warning to residents about the increasing number of crypto-related scams in the city. According to a report from the police, residents in Calgary have lost over $22.5 million…
-
bob wrote a new post
1 year, 8 months agoSEC Secures Default Judgment Against Thor Technologies and David Chin Over Unregistered $2.6 Million Crypto Offering
The U.S. Securities and Exchange Commission (SEC) has achieved a significant victory in its legal battle against Thor Technologies and its founder, David Chin. The SEC has obtained a default judgment against the…
-
bob wrote a new post
1 year, 8 months agoTether Plans to Release Real-Time Reserves Reports Next Year, Says Incoming CEO
Stablecoin issuer Tether has announced plans to release real-time reserves reports by next year, according to its incoming CEO Paolo Ardoino. Tether, which already provides daily reserves reports on its website,…
-
bob wrote a new post
1 year, 8 months agoSam Bankman-Fried's Trial Nears Conclusion with Prosecution Resting Their Case
Sam Bankman-Fried’s trial is nearing its conclusion, with the prosecution set to wrap up their case on October 26th after presenting nearly 20 testimonies. The prosecution has called upon a diverse range of w…
-
bob wrote a new post
1 year, 8 months agoFBI Busts Indian Nationals Running Unlicensed Cryptocurrency-to-Cash Business
The Federal Bureau of Investigation (FBI) has apprehended a group of Indian nationals accused of running an unlicensed business that converted cryptocurrency into cash for clients seeking anonymity. Five out of the…
-
bob wrote a new post
1 year, 8 months agoVeChain's Strategic Partnerships Revolutionizing Industries
VeChain, a leading blockchain platform, has established significant partnerships with renowned companies to revolutionize its blockchain solutions and drive widespread adoption. These collaborations are reshaping…
-
bob wrote a new post
1 year, 8 months agoRipple Holds Upper Hand in SEC Settlement Talks, Says Investment Expert
Investment expert Linda P. Jones has provided insight into the ongoing legal battle between Ripple and the SEC. Talks of a potential settlement have emerged after the SEC dropped charges against Ripple executives…
-
bob wrote a new post
1 year, 8 months agoRipple and XRP Secure Third Consecutive Legal Victory Against SEC
Ripple and its cryptocurrency XRP have achieved another legal victory in their ongoing battle against the US Securities and Exchange Commission (SEC). The SEC has dropped its charges against Ripple’s CEO, Brad G…
-
bob wrote a new post
1 year, 8 months agoCrypto Mogul's "Robin Hood" Defense Rejected in Fraud Trial
A recurring theme in the trial of crypto mogul Bankman-Fried has been his commitment to effective altruism, a philanthropic ideology focused on maximizing impact through charitable contributions and career choices.…
-
bob wrote a new post
1 year, 8 months agoLuxurious Lifestyle Unveiled: Silk Road Bitcoin Thief Apprehended After Years of Investigation
Two years after James Zhong was apprehended for stealing 50,000 bitcoins from the dark web marketplace Silk Road in 2012, new details have emerged about the events leading to his arrest. Zhong, a computer expert,…
-
bob wrote a new post
1 year, 8 months agoBitcoin Lightning Network Developer Discovers Major Security Flaw, Raises Concerns for Users' Funds
Bitcoin’s Lightning Network, a layer 2 payment protocol built on top of the Bitcoin blockchain, has been found to have a major security flaw that puts users’ funds at risk. Former Lightning developer Antoine Ria…
-
bob wrote a new post
1 year, 8 months agoSEC Drops Charges Against Ripple Executives, Focus Shifts to Remedies Phase for XRP Sales Violation
The U.S. Securities and Exchange Commission (SEC) has dropped its charges against Ripple executives Chris Larsen and Brad Garlinghouse, canceling the scheduled trial for April 2024. However, the focus now shifts to…
-
bob wrote a new post
1 year, 8 months agoLawyer and Crypto Advocate Criticizes Lightning Network, Endorses XRP Ledger's 'Spend The Bits' Protocol
Lawyer and cryptocurrency advocate John Deaton has criticized the Lightning Network, stating that the ‘Spend The Bits’ protocol on the XRP Ledger is more effective. The Lightning Network is a second-layer sol…
-
bob wrote a new post
1 year, 8 months agoRipple Expands Global Presence as Governments Embrace Blockchain for CBDCs
Ripple, a leading blockchain-based payment and liquidity hub provider, is expanding its global presence in response to the growing demand for its services and the development of central bank digital currencies…
-
bob wrote a new post
1 year, 8 months agoUS Treasury Seeks to Outlaw Crypto Mixing Services, Citing Money Laundering Concerns
The U.S. Department of the Treasury is cracking down on crypto mixing services, which are used to obscure the source of funds in cryptocurrency transactions. While these services can have legitimate uses for…
-
bob wrote a new post
1 year, 8 months agoCryptocurrency Advocacy Group DEF Urges US Court to Consider Blockchain Technology in Privacy Rights Case
Cryptocurrency advocacy group DeFi Education Fund (DEF) has filed an amicus brief to the U.S. Court of Appeals, urging the court to consider the unique aspects of blockchain technology when evaluating the privacy…
-
bob wrote a new post
1 year, 8 months agoJP Morgan Chase Bank Faces Lawsuit Over Alleged Account Terminations and Missing Funds
America’s largest bank, JPMorgan Chase, is facing a lawsuit from a mother and son, Rui Wang and Hengchen Qu, who claim that the bank terminated their accounts and failed to return over $1 million to them. The l…
-
bob wrote a new post
1 year, 8 months agoRuntime Verification Launches Universal ZK Rollup 'PI Squared' on MultiversX
Runtime Verification, a security audit firm based in Illinois, has introduced a new universal zero-knowledge (ZK) rollup called PI Squared. This technology, unveiled during the MultiversX xDay conference, aims to…
-
bob wrote a new post
1 year, 8 months agoCoins.ph Crypto Exchange Allegedly Hacked, Loses $6 Million in XRP
Philippines-based crypto exchange Coins.ph is rumored to have suffered a hack that resulted in the potential loss of 12.2 million XRP, equivalent to $6 million. However, some of the funds have already been…
