Compass Mining, a reseller of and hosting service for Bitcoin mining machines, is being sued by its customers to the tune of $2 million. In a filing to a Florida court on January 17, the customers ac...
Tag: Allegedly
Bitzlato founder arrested for allegedly processing $700 million in illicit funds
The founder of cryptocurrency exchange Bitzlato was arrested and charged with processing $700 million in illicit funds, part of the Justice Department’s efforts to take down a “money laund...
SEC allegedly leaked crypto miner names, emails
The U.S. Securities and Exchange Commission allegedly leaked the personal data of crypto miners, according to a Jan. 17 report by the Washington Examiner. The right-wing news outlet said that the SEC ...
Bankman-Fried’s Lavish Lifestyle Allegedly Revealed, Cuban Warns of Wash Trade Implosion, Experts Expect Soaring Gold Prices in 2023 — Week in Review – The Weekly Bitcoin News
More information has come to light allegedly revealing the lavish lifestyle of FTX co-founder and “altruist” Sam Bankman-Fried, as the failed former crypto exchange CEO also fights for Robinhood share...
Former Celsius CEO sued for allegedly defrauding customers
New York attorney General Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius Network LLC. James said that Mashinsky violated the Martin Act and New York’s E...
SEC Files Complaint Against Gemini and Genesis for Allegedly Selling Unregistered Securities
The Securities and Exchange Commission (SEC) has filed a complaint against Genesis Global Capital and Gemini Trust Company for allegedly selling unregistered securities to retail investors in the US. ...
A millennial founder who sold her company to JP Morgan for $175 million allegedly paid a college professor $18K to fabricate 4 million accounts. Their email exchange is a doozy
A fintech startup bought by JP Morgan Chase for millions may have been built on a bed of lies, according to a new lawsuit filed by JP Morgan. And if the investment bank is to be believed, it all went ...
Billionaire Mark Cuban To Be Questioned Under Oath for Allegedly Promoting Bankrupt Crypto Firm Voyager Digital
Dallas Mavericks owner and billionaire Mark Cuban is expected to undergo a deposition next month in the civil lawsuit filed against him for allegedly promoting now-bankrupt crypto lender Voyager Digit...
FTX Allegedly Gave Just as Much Money to Republicans as It Did to Democrats
The drama surrounding FTX is getting a lot worse. Initially, it was believed that Sam Bankman-Fried – the man behind the now failed digital currency exchange – gave a lot of money to democrat politici...
Alex Mashinsky sued by NY AG for allegedly hiding Celsius’ ‘dire financial condition’
New York Attorney General Letitia James has filed a lawsuit against Alex Mashinsky, alleging the Celsius founder and former CEO made numerous “false and misleading statements” which led to investors l...
Mutant Ape Planet founder allegedly defrauded customers of $2.9 million
A federal court in Brooklyn charged Aurelien Michel with crimes related to defrauding customers of the NFT project “Mutant Ape Planet” out of $2.9 million. Michel allegedly promised...
SBF allegedly moves $684,000 into Seychelles exchange, RenBridge
On-chain data suggests the fallen founder of FTX Sam Bankman-Fried (SBF) moved Ethereum (ETH) worth $684,000 to RenBridge and Seychelles-based exchanges over the past 2 days. In a Twitter thread, on-...
Binance CEO and staff allegedly plotted to avoid U.S. and UK regulations
Reuters conducted an investigation into Binance and its CEO, Changpeng Zhao “CZ”, and it appears that they have discovered how the CEO and his employees conspired to avoid regulators in th...
South Korea Freezes $93M Allegedly Belonging to Company Involved in Terra’s Crash (Report)
The South Korean court has reportedly frozen 120 billion won (over $93 million) in assets belonging to executives of blockchain consultancy firm Kernel Labs. The entity is speculated to have had a ha...
Crypto Exchange Gemini Suffers From Data Breach, 5.7 Million Emails Allegedly Leaked – Bitcoin News
According to a recent report, the cryptocurrency exchange Gemini suffered from a breach of data and reportedly 5.7 million emails were leaked. While Gemini has stated “some Gemini customers have recen...
Sam Bankman-Fried allegedly diverted FTX investors’ money to political donations through straw Donors
Sam Bankman-Fried has been arrested and accused by federal investigators of spending tens of millions of dollars in illegal political contributions to both Republican and Democratic candidates. These ...
Sam Bankman-Fried allegedly used anti-psychotic medications at FTX
Sam Bankman allegedly used anti-psychotic drugs during his FTX tenure to counter depression. SBF and the untold drug use story Sam Bankman-Fried, the former chairman and founder of FTX, will be held o...
SEC takes aim at influencers for securities fraud; SBF allegedly made political donations in others’ name
The biggest news in the cryptoverse for Dec. 134 includes CryptoSlate’s analysis suggesting that the bottom for Bitcoin may not be in yet and Congressman Tom Emmer alleging that SEC Chairman Gary Gens...
Compound DAO faces class action lawsuit for allegedly selling unlicensed securities
A new lawsuit claims that investors experienced damages after purchasing COMP tokens. Compound DAO is suspected of selling unlicensed securities. Eight defendants named in the lawsuit The San Francisc...
Gemini allegedly suffers data breach leaking 5.7m emails
According to media reports, crypto exchange Gemini might have faced a data breach that compromised around 5.7 million emails. The exchange has not yet commented on the matter. The controversial develo...
FTX’s inner circle allegedly had a chat group called ‘Wirefraud’
FTX and Alameda Research top executives purportedly exchanged secret information in a Signal encrypted chat group called “Wirefraud.” According to a Dec. 12 report by the Australian Financial Review, ...
Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse – Coinotizia
On Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF...
Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse – Bitcoin News
On Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF...
Sam Bankman-Fried and other FTX staff allegedly had ‘Wirefraud’ chat group
Photograph: Saul Loeb/AFP/Getty Images Sam Bankman-Fried and other members of the inner circle of the collapsed cryptocurrency exchange FTX allegedly formed a chat group on the encrypted platform Sign...
Terra Co-Founder Do Kwon Allegedly Hiding In Serbia
In order to send Kwon back to South Korea so that he may face charges there, South Korean officials have made a request for assistance from the government of Serbia. Do Kwon, the controversial founder...
FBI arrests blockchain startup CTO for allegedly stealing over $1 million
U.S. authorities have arrested the former chief technology officer and co-founder of Blockparty, a blockchain events startup, for allegedly stealing over $1 million of crypto and fiat from the firm. ...
Terra’s Team Allegedly Destroyed UST by Itself: Expert
Vladislav Sopov Anonymous analyst Fat Man Terra yet again de-bunks Do Kwon’s narrative about an “attack” on the UST/LUNA system Contents UST peg was allegedly destroyed by Terraform ...
Alameda’s Trabucco allegedly acquired luxury property before bankruptcy
A property worth $8.7 million that reportedly belongs to Sam Trabucco, ex-Alameda Research CEO, has been unveiled. Allegedly, Trabucco bought the million-dollar property right before his company colla...
Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report
Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owes $900 million to Gemini’s clients, according to a Financial Times report disclosed on Dec. 3 citing people...
Trader allegedly saw over 5,000x gains after Ankr protocol hack
When the BNB Chain-based protocol Ankr was exploited and a hacker dumped Ankr Reward Bearing Staked BNB (aBNBc) tokens, a trader took advantage of the price discrepancies and turned $2,879 into $15.5 ...
Telegram Aims for Decentralization, App Allegedly Shares Data
Telegram founder Pavel Durov called for better decentralization in the market. However, the company is facing criticism over sharing private user data. Telegram founder and CEO Pavel Durov called for ...