BitConnect’s “Textbook Ponzi” victims will be compensated with $17 million

Join Our Telegram channel to stay up to date on breaking news coverage According to a decision made by a Californian court, about 800 victims of the infamous BitConnect scam will shortly receive a fra...

BlockFi Compensated Investor 15Mn USD, Says Attorney

BlockFi executives had to repay an amount of 15 million USD to an investor for the settlement of a threatened lawsuit, according to the report citing BlockFi attorneys during bankruptcy court hearing....

Celsius Files Motion to Extend Bar Date to February 9, When Will Customers Get Fully Compensated?

Celsius network has filed a motion to extend the prior schedule for the Bar Date before Martin Glenn, Chief United States Bankruptcy Judge. According to court filings by Kirkland & Ellis LLP – the...

Ankr says no one should trade aBNBc, only LPs ‘caught off guard’ will be compensated

Following yesterday’s confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users. The team said it was identifying ...

Sam Bankman-Fried Claims FTX US Users To Be Fully Compensated – But Everyone Else Will Only Get a Fraction Back

Disgraced FTX founder Sam Bankman-Fried is opining about the amounts that creditors of the embattled crypto exchange will receive in compensation. In a new interview with YouTuber Tiffany Fong, Bankma...

FTX Co-Founder Sam Bankman-Fried Faces US Extradition, Bankruptcy Court Says Top Execs Won’t Be Compensated – Bitcoin News

According to a report citing three people familiar with the matter, the former FTX CEO Sam Bankman-Fried (SBF) may be extradited to the United States for questioning. After it was alleged that SBF tra...

When Will Terra Victims Be Compensated?

Key Takeaways The Luna Foundation Guard (LFG) took to Twitter to say it didn’t have a definite timeline on its plan to compensate Terra victims. Ongoing legal matters would need to be resolved before ...

Attack Vector Removed, Affected Wallet Fully Compensated

Decentralized exchange (DEX) Kyber Network has revealed that the attack vector responsible for last week’s exploit was successfully identified and removed. In the latest blog post, the platform notifi...

CoinW CTO Affirmed the Exchange Had Fully Compensated Users Affected by Abnormal Price Fluctuations

Recently, there has been a short-term perpetual contract price abnormality in CoinW (one of the longest-standing cryptocurrency exchanges), which has caused some users’ positions to be lost.  The CTO ...

Should Victims of NFT Hacks Be Compensated by Creators?

Users lost hundreds of NFTs by engaging with the scam link Zeneca will provide a free NFT access pass to his private ZenAcademy Discord server to affected users Some notable creators are conflicted ov...

Rose Namajunas has become one of the first fighters to get compensated in cryptocurrency

Rose Namajunas is rewarded with a substantial cryptocurrency bonus. Rose “Thug” Namajunas, the former UFC strawweight champion, has become one of the first notable fighters to get compensa...

People Want To Get Compensated In Cryptocurrency For Exercising In The Metaverse 

Another move-to-earn app, Step App, which operates on the Avalanche blockchain, has emerged as a competitor, indicating Web3 businesses’ drive into the $100 billion fitness market. According to ...

Forex CT Customers Lost at Least $54 Million, Yet to Be Compensated

The liquidators of the now-collapsed Aussie broker, Forex Capital Trading (Forex CT) released a report last week revealing that they have identified at least 11,174 former customers of the platform. A...