Co-Founder of Infamous Ponzi Scheme OneCoin Gets 20 Years Jail Sentence
While Cryptoqueen’s whereabouts remain unknown, more OneCoin former executives are serving prison sentences.Karl Sebastian Greenwood, co-founder of OneCoin and wingman for Ruja Ignatova, also known as “Cryptoqueen,” was sentenced to…
Dubai-Based JPEX Winds Down Operations, Blames Partners.
The platform has announced the end of its Earn program and halted withdrawals in all but name. JPEX, a Dubai-based crypto exchange and lending platform, shuttered operations overnight due to…
Stoner Cats NFT Floor Price Surges After U.S SEC Action.
The Stoner Cats’ floor value was about 0.0189 ether until the SEC stepped in.There are 10,420 Stoner Cat NFTs in total, which were originally sold for 0.35 ETH apiece.The Stoner…
Billionaire Investor Mark Cuban’s Crypto Wallet Drained of $870k.
Cuban verified that he had indeed logged into MetaMask for the first time in months.On September 15, a blockchain investigator Wazz initially noticed the exploit.Mark Cuban, billionaire businessman, allegedly had…
Goldman Sachs Predicts Possible Interest Rate Delay by U.S Fed.
The strategists also highlight encouraging trends in inflation, which has been a key worry. The experts also note that economic growth is expected to decelerate in Q4.One of the world’s…
U.S SEC Pushes To Disclose Sealed Documents in Binance Lawsuit
Binance U.S has argued that the SEC’s demands are uncalled for in a restraining order. Magistrate Judge Faruqui issued an order setting the next hearing for September 18.The United States…
Solidus Labs Uncovers $2 Billion Worth of Wash Trades on Decentralized Exchanges
$2B worth of wash trades found on Decentralized ExchangesThe latest market manipulation report from Solidus Labs, specializing in crypto-native trade surveillance and risk monitoring, has identified wash trading activity of…
Ukraine Probes Local Crypto Exchanges for Tax Evasion.
Unregulated cryptocurrency exchanges in Ukraine have resulted in an approximate loss of $80M due to uncollected taxesUkraine’s Economic Security Bureau (ESB) is investigating local cryptocurrency exchanges. This action comes in…
Coinbase Launches Web3 Wallet Targeting Institutional and Enterprise Clients.
Coinbase launches Web3 wallet for institutional DeFi and NFT transactionsCoinbase, one of the most popular crypto exchanges, continues its expansion journey with the official launch of its Web3 wallet designed…
Thailand Authorities Nab 5 Individuals for $76 Million Crypto Scam: Report.
The fraudulent scheme duped over 3,000 investors into pouring their money into gold and USDT. Four Chinese nationals and one from Laos were arrested by Thailand’s Cyber Crime Investigation Bureau…