Alex Dovbnya Ripple CEO Brad Garlinghouse highlighted the stark disparity between public outcry against FTX scandal and the less visible reaction to Wells Fargo’s record-breaking fine Ripple CEO Brad ...
Tag: Claims
Distressed Investors Drawn to FTX Claims Following Bankruptcy
Claims of customers with assets stuck on FTX following its bankruptcy have started drawing the biggest names in distressed investing. During a bankruptcy, customers with frozen assets often face a le...
Lawyer Claims SEC Approach Is To Kill Crypto
XRP Lawsuit News: The U.S. Securities and Exchange Commission (SEC) is allegedly pushing its limits in order to tighten its jurisdiction over the digital asset industry. However, XRP Holders’ lawyer h...
Kari Lake Can Argue Her Claims Of Election Malfeasance In Court, Judge Says
Topline A judge granted former Arizona Republican gubernatorial candidate Kari Lake a hearing on her allegations of malfeasance in the election process that she claims contributed to her defeat in the...
Projects would rather get hacked than pay bounties, Web3 developer claims
As hacks and exploits continue to go rampant within the crypto industry, the importance of finding vulnerabilities to prevent potential losses becomes of utmost importance. However, a Web3 developer h...
Grayscale’s Bitcoin ETF Dreams On Limbo? CEO Claims To Do This If It Fails
Grasyscale Investments said that if it fails to turn the world’s biggest Bitcoin fund into an exchange traded fund, it will find other ways to return the portions of investors of Grayscale Bitcoin Tru...
Top 50 FTX creditors only account for $114M of unsecured claims out of billions lost
Tthe largest unsecured claim in the FTX bankruptcy case amounts to $36.2 million and none of the top 50 creditors are considered “insiders.” The total sum allegedly owed to the top 50 creditors is rou...
Bitvavo Claims DCG Has Liquidity Issues, Exchange Funds Unaffected
As the fallout from the FTX implosion continues to unfold across the pond, DCG Group is also said to be dealing with liquidity issues and has halted repayments “until liquidity issues have been resolv...
Genesis Claims Are Selling for 35p to the Dollar – Trustnodes
A seemingly coordinated sell-off this Saturday in assets held by the Digital Currency Group (DCG), like Filecoin and Flow, has apparently opened a ‘dark market’ where Genesis claims are being traded. ...
Kevin O’Leary Responds to CZ’s Liar Claims, Raises Questions
In a CNBC interview, Shark Tank investor Kevin O’Leary defended his role as a spokesperson for the bankrupt crypto exchange FTX. O’Leary also reacted to CZ’s claim that he was a liar. According to O’L...
Binance Replies Delisted Mithril Request for BNB Insurance Sum Refund, Claims Entitlement to Partial or Whole Sum
Binance recently explained to delisted project Mithril that a clause in their contract entitles it to Mithril’s initial insurance deposit. Recently delisted Binance social network project Mithril (MIT...
Flamboyant expenses, cult-like worshiping of SBF: Ex-staffer claims.
Ex-staffer at FTX Danielle Cloud shared a series of tweets on December 13, shedding light on internal workings of the infamous crypto exchange. FTX bought 35 properties in the Bahamas. A psychiatrist...
Class action lawsuit claims Silvergate played role if FTX’s fraud
A class-action lawsuit claims that Silvergate Bank played an “integral” role in the alleged fraud at Sam Bankman-Fried’s crypto exchange FTX. The plaintiffs are Joewy Gonzalez...
British Regulator FCA Claims Crypto Exchanges Aid Money Laundering
In the past few weeks, regulators all around the world have been ranting against Bitcoin and cryptocurrency in general, and their outlandish denouncements are becoming increasingly outrageous. The Fin...
UK FCA Claims Crypto Platforms Facilitate Money Laundering
Global regulators have been railing against crypto over the past month, and their wild condemnations are becoming more extreme. The latest to make one of these ludicrous accusations is incoming FCA ch...
Top U.S. Rep Makes Shocking Claims, Says SEC Arrested SBF to Stop Congressional Hearing
– Advertisement – Top U.S. Rep Makes Shocking Claims About SBF’s Arrest, Indicts Gary Gensler and SEC. Rep. Davidson said SBF was arrested hours before the congressional hearing because Ga...
Tether Is Being Hunted, Mike Alfred Claims
Alex Dovbnya Alfred’s comment comes after bombshell report about coordinated effort by exchanges to allegedly save Tether (USDT) Value investor and Bitcoin enthusiast Mike Alfred alleges that Te...
Dow Jones Dives 700 Points After Jobless Claims, Retail Sales; Tesla Hits New Low On Musk Sales
The Dow Jones Industrial Average sold off more than 700 points Thursday after U.S. jobless claims and retail sales data were released. The stock market threatened to add to Wednesday’s Federal R...
U.S. Senator Claims Binance Has Ties to Chinese Government
Alex Dovbnya Senator Bill Hagerty (R-TN) claims that Binance has ties to the Chinese Communist Party During an FTX-focused hearing held by the Senate Banking Committee, Senator Bill Hagerty (R-TN) sai...
Martin Shkreli claims Paul Le Roux is Satoshi Nakamoto
Martin Shkreli, the controversial businessman who spent four years in prison, claims to find the actual Satoshi Nakamoto. He believes it’s Paul Le Roux, a former programmer and cartel head. Shkreli, w...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’ – Bitcoin News
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release S...
CEO John J Ray Claims “Embezzlement” FTX Failure’s Root Cause
In an ongoing Congressional hearing, FTX’s newly appointed chief executive John J Ray III had a mouthful to talk about the FTX and its founder, Sam Bankman-Fried. He told the panel that SBF “should ha...
SBF claims law firm Sullivan & Cromwell pressured him into bankruptcy filing for legal, consultancy fees
Former FTX CEO Sam Bankman-Fried (SBF) claims in his planned testimony before the U.S. House of Representatives Committee on Financial Services that he was pressured into filing for bankruptcy for the...
3Commas debunks claims that employees stole users’ API keys
Crypto trading company 3Commas is in the eye of a storm: while some accuse its employees of stealing users’ API keys, the company insists such claims are fake. In a recent post, the CEO of 3Commas, Yu...
Ripple’s Case Will Not Weaken Because Of LBRY’s Loss To The SEC, Claims U.S Attorney
When debating whether or not XRP, the seventh biggest cryptocurrency in the world, is a security, both Ripple and the U.S. Securities and Exchange Commission accused the other side of overreaching. In...
Amber Group Claims ‘False Allegations’ Against Company, Provides No Details
Amber Group has yet to publicly address the latest reports around its financial health, outstanding liabilities, and its retail business, despite saying certain claims against the company have been in...
Binance ‘Finances Remain a Mystery,’ Claims New Report
After the collapse of FTX, Binance is at the center of all the controversies surrounding the introduction of a Proof of Reserves. After FTX’s bankruptcy, almost all major crypto exchanges have started...
Alameda-Genesis Relationship Risks DCG Bankruptcy, Claims Messari Founder
Crypto research firm Messari’s founder Ryan Selkis on Monday said Genesis and Alameda had bad loans and intertwined crypto borrower-lender relationships. FTX and Alameda bankruptcy could risk Genesis ...
U.S. Senator Claims That Crypto Shouldn’t Exist
Alex Dovbnya Sen. Jon Tester (D-Mont.) has also argued against legitimacy-inferring regulations for the cryptocurrency sector Sen. Jon Tester (D-Mont.) on Sunday opined that cryptocurrencies shouldn’...
New research claims the bear market won’t be over until the VIX says so.
According to one prominent investment firm’s analysis of the VIX, the stock market has not yet experienced the capitulation that typically signals the end of the bear market. By capitulation, I’m refe...