In a fresh twist to the collapsed bitcoin Ponzi scheme Mirror Trading International (MTI) saga, revenue collector South African Revenue Services (SARS) has demanded $55.3 million from the scheme’s liq...
Tag: Accused
Judge Accused SEC of Hypocrisy, Orders Release of Hinman’s Documents ⋆ ZyCrypto
Advertisement     The Securities and Exchange Commission’s case against Ripple Labs lingers, and the most recent of events has seen the U.S. regulatory body hit hard b...
Ripple vs SEC Drama Continues. SEC Accused Of Overreaching
A U.S. lawmaker has accused the U.S. Securities and Exchanges Commission (SEC) of trying to jam crypto companies into a violation. SEC Subpoenas Outside Jurisdiction The SEC is under fire again. A co...
Last Week [In] Crypto: 3AC Founders Vanish, Celsius Faces Class Action Lawsuit, Binance Accused of Breaking Sanctions on Iran
Be[in]Crypto has scoured the crypto industry for the leading stories that reverberated during the last week. The stories range from the weak Reserve Risk Indicator for Bitcoin, crypto personalities ru...
Ukraine seizes $3 million in cash, other assets from crypto traders accused of funneling Russian funds
Ukrainian authorities have broken up what they say was a crypto trading desk that illegally funneled money for Russians. The Ukrainian Prosecutor General’s office on July 12 announced the seizu...
Celsius accused of fraud in lawsuit by former money manager
A former Celsius contractor has filed a lawsuit against the troubled crypto lender, accusing the firm of mismanagement and fraud—claiming it is owed money based on hundreds of millions in profits gene...
Solana Labs Accused of Selling Unregistered Securities in New Lawsuit
Solana Labs and key players in the Solana ecosystem were hit with a lawsuit on July 1 in California federal court. The class-action lawsuit was filed by Roche Freedman LLP and Schneider Wallace Cottre...
Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen – Bitcoin News
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts belonging to Nigerian fintech Flutterwave. The ag...
Controversial Tennis Star Kyrgios Accused Of Domestic Assault Amid Wimbledon Run
Topline Australian tennis star Nick Kyrgios has been ordered to appear before an Australian court next month in a case filed against him for allegedly assaulting his former girlfriend last year, a dev...
Bitcoin Cash Sinks 7% As Its Biggest Advocate Is Accused Of Default
Bitcoin Cash (BCH) prices sank on Wednesday after Roger Ver, a major advocate of the blockchain, was accused of owing crypto exchange CoinFlex about $47 million. In a Twitter statement, CoinFlex CEO ...
Houston Texans Accused In Lawsuit Of Enabling Deshaun Watson’s Sexual Misconduct
Topline A woman who is suing quarterback Deshaun Watson for allegedly sexually assaulting her while she was giving him a massage filed a lawsuit Monday against the Houston Texans, accusing Watson’s te...
Elon Musk Backed Dogecoin Accused In Million Dollars Ponzi Schemes
Elon Musk’s favorite cryptocurrency, Dogecoin (DOGE) is also becoming a favorable choice for users involved in illicit activities. Elliptic Connect has spotted incidents over the globe where DOGE toke...
Former Huobi Senior Manager Accused of Illicit Trading: Report
Hong Kong authorities are prosecuting a former senior manager at crypto exchange Huobi, accusing him of illicitly making $5 million by secretly trading against the company. Per a report by The Financi...
Executive From Crypto Exchange Huobi Accused of Netting $5,000,000 via Illicit Trading: Report
Crypto exchange Huobi is reportedly suing a former executive accused of raking in $5 million in Tether (USDT) by secretly trading against a company account under his control. The Financial Times repor...
Huobi Global’s Former Employee Accused of Insider Trading
According to a Financial Times report, a former senior manager in Huobi’s institutional client’s department, Chen Boliang, made $5 million trading against a company account. The accused is being prose...
Former employee of Huobi is accused of illicit trading
A former senior manager at Huobi, one among the world’s largest crypto exchanges, is being prosecuted in port once accusations that he created $5mn by on the Q.T. commerce against an organization acco...
Tesla CEO Elon Musk accused of Dogecoin Ponzi scheme
Tesla CEO Elon Musk is facing a new class-action suit that alleges his actions involving the meme-themed cryptocurrency Dogecoin constitute a Ponzi scheme. Keith Johnson, a US citizen, lodged the suit...
Kenyan Law Enforcement Agency Arrests Two Students Accused of Using Stolen Funds to Buy BTC – Regulation Bitcoin News
Two Kenyan students accused of hacking credit cards and using the ill-gotten funds to buy bitcoin have been arrested by the Directorate of Criminal Investigations, a statement from the law enforcement...
Do Kwon Accused of Manipulating Votes in Terra Community
Do Kwon continues to shake up the crypto sphere. As investigations into the Terra blockchain continue, a new scandal is tarnishing the reputation of the entrepreneur. The not-so-honest vote Between th...
Stew Leonard’s boss accused of racist, sexist, anti-Semitic remarks
Customers push shopping carts outside a Stew Leonard’s supermarket in Paramus, New Jersey, U.S., on Tuesday, May 12, 2020. Stew Leonard Jr. said that meat packing plant the company uses is opera...
Terra Founder Do Kwon Accused Of Using a Mystery Wallet With 20 Million LUNA to Manipulate Terra’s Proposal Voting
– Advertisement – The Terra CEO has come under yet another scrutiny for manipulating proposals’ voting using a mystery wallet. Do Kwon, the founder, and CEO of TerraForm Labs (TFL), has b...
Binance.US Accused of Misleading Investors in Class Action Lawsuit Over Terra
The suit, which was filled by U.S.-based law firm Roche Freedman LLP, alleges that Binance.US marketed Terra’s dollar-based UST as more stable than it actually was. According to the suit, when UST and...
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False – Bitcoin News
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing ...
Validator Wars: New LUNA validators accused of unethical behavior
? Want to work with us? CryptoSlate is hiring for a handful of positions! LUNA validators PFC, Lavender.Five and Red Herring have called out new validators to raise the commission levels from 0% to 20...
Nigerian Court Sentences Crypto Fraudster to One Year in Jail, Accused Given Option to Pay Fine – Bitcoin News
A Nigerian court has convicted and sentenced a man to one year in prison who is accused of duping an unsuspecting cryptocurrency investor. On its charge sheet, the prosecution said that the man had co...
Do Kwon accused of siphoning $8M a month from failed Terra project
? Want to work with us? CryptoSlate is hiring for a handful of positions! @WatcherGuru claimed Terra staff told Securities and Exchange Commission (SEC) investigators that Do Kwon had been withdrawing...
Bitcoin bond still on hold, El Salvador accused of human rights violations
El Salvador’s Finance Minister Alejandro Zelaya has said the country will further delay launching its anticipated billion-dollar Bitcoin (BTC) bond, citing price volatility and uncertain market condit...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters – Coinotizia
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said d...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters – Regulation Bitcoin News
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said d...