OpenSea Private Auction Alarmed by NFT Scammers
The “gasless sales” function of OpenSea served as a crucial weapon for NFT hackers. Victims are required to sign a harmless contract, similar to a login signature.The largest NFT marketplace…
FTX indemnifies $12 million as security before filing for its Bankruptcy.
FTX paid its lawyers a whopping $12 million as a retainer to its Chapter 11 bankruptcy proceedings.District Judge Ronnie Abrams steps down from the FTX case.The FTX crypto exchange became…
FTX tried to Freeze Robinhood Shares as Creditors move to Scoop $450M in ROBINHOOD Stock.
Court filings show that debtors from FTX Trading Ltd. and Alameda Research want 56 million shares of Robinhood stock frozen after multiple creditors are seeking access to the funds, and…
SEC Will Crack Down on Crypto Firms That dont Comply With Its Rules ~ Chair Gensler
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its…
FTX Battles for Control of $450M Robinhood Shares in US Bankruptcy Court
FTX CEO, crypto lender, and creditor battle for control of multi-million dollar Robinhood stake in US courtSam Bankman-Fried’s bankrupt cryptocurrency exchange FTX is seeking help from a United States Bankruptcy…
Caroline Ellison agree to Hiding Billions of Secret Loans From FTX
Caroline Ellison accepted a guilty plea and is assisting the government.Ellison admitted that she and Sam Bankman-Fried concealed misleading funds.The former CEO of Alameda Research, Caroline Ellison, admitted that she…
NFT Advert on Facebook by Crypto.com Taken Down by UK Advertising Authority
A sponsored Facebook ad for the crypto platform was reported by ASA. Crypto.com disagrees with the ASA’s assessment. On December 21st, Crypto.com had an NFT campaign prohibited by the Advertising…
Mercedes Benz Seeking Metaverse Trademarks
Mercedes-Benz files for NFT and metaverse trademarks.Mercedes formula one team previously released NFT tickets for Miami Grand Prix.Mercedes-Benz group, the German luxury automobile is planning to expand its empire in…
Italy and Albania lost to scammer over €15 million Crypto equivalent
Eurojust-organized operation in 13 places within Albania.The authorities seized assets worth over $3 million.The European Union criminal justice agency Eurojust engaged with Albanian and Italian law enforcement authorities to prevent…
Security Exchange Commission Warns Crypto Investors: “Be Wary Of Proof of Reserve ”
Since the demise of FTX, several crypto firms have commissioned “proof-of-reserves” audits.The change comes as the fallout from FTX has spread throughout the crypto industry.The Securities and Exchange Commission (SEC)…