The disgraced founder of FTX apologized to his employees in a two-page letter dispatched to his former colleagues, shedding light on the demise of his crypto conglomerate. He also mentioned the detail...
Tag: froze
Do Kwon denies owning $40m in crypto that South Korea recently froze
Join Our Telegram channel to stay up to date on breaking news coverage According to recent reports published by South Korean news media, the authorities have recently frozen $40 million in cryptocurre...
Do Kwon Denies Report That South Korean Prosecutors Froze $39.6M of His Crypto
Last month, CoinDesk Korea reported that authorities in South Korea had asked crypto exchanges OKX and KuCoin to freeze 3,313 bitcoin (BTC), worth around $67 million, that are tied to Kwon. Also in Se...
India’s investigation agency ED froze $1.6m in BTC tied to a gaming app fraud
Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry has been accompanied by scams and fraud since the moment Bitcoin first received its value. Over the years, th...
Bankrupt Crypto Lender Celsius Founder, Alex Mashinsky, Withdrew $10M Weeks Before Company Froze Customer Accounts: Report
A Mashinsky spokesperson, cited by the paper, said that the entrepreneur had disclosed to an unsecured creditors committee (UCC) in the bankruptcy proceedings that he and his family had $44 million in...
Binance Froze $1.5M Ties To Money Laundering Scheme
India’s law enforcement agency Directorate of Enforcement (ED) froze over $1,5 million deposited in crypto exchange Binance. The funds were deposited in Bitcoin via a transaction tie to crypto exchang...
Binance Froze Russian Gun Maker’s Crypto Assets, Likely at Ukraine’s Request
This explains how the Ukrainian authorities were able to block the wallets. Decentralized blockchains, such as Bitcoin and Ethereum, do not allow anyone to block or freeze any addresses or transaction...
Solana Based Defi Platform Accidentally Froze $661,000 USDC
– Advertisement – OptiFi: $661,000 in USDC Permantly Frozen. Derivatives-focused decentralized finance (DeFi) platform OptiFi closed its mainnet platform by accident, trapping $661,000 in ...
Binance froze $1M corporate account due to law enforcement request
Major crypto exchange Binance has confirmed it restricted account access to $1 million in crypto for a Tezos tool contributor after being called out on social media. In a Thursday Twitter thread, Bina...
Binance clarifies it froze Baking Bad corporate account due to law enforcement request, locked assets in agency custody
Binance said it froze Tezos (XTZ) tool contributor Baking Bad’s corporate account because of a law enforcement request and said that Baking Bad is aware of the issue behind the freeze as it was notifi...
Aztec responds to claims FTX froze user funds for interacting with the protocol
CryptoSlate reported that FTX had frozen user accounts because they interacted with Aztec Network. Aztec has now responded to the claims by reiterating its core values and confirming that it “will not...
India’s Federal Agency ED Froze Crypto Exchange Vauld’s Assets Worth $4.6 Million
India’s Enforcement Directorate (ED) froze assets amounting to $46 Million belonging to Vauld which is a cryptocurrency exchange. In Vauld’s press release, the company stated that it disagreed with th...
Terra Blockchain Froze Delegation Twice Within 24HRS
6 hours ago | 2 mins read Editors News Block production was halted again at block height 7607789. Terra is open to discussing the remedial tactics for assisting the pegging mechanism. Terra’s USD and ...
Credit Suisse Froze Assets Worth $10.6 Billion in Q1 2022
Credit Suisse, which is the second-largest bank in Switzerland, said on Thursday that it froze CHF 10.4 billion of wealthy clients’ assets in the first quarter of 2022 under sanctions imposed in conne...
Tether froze over $1 million worth of USDT last week
Stablecoin issuer Tether froze over $1 million worth of USDT last week, according to on-chain data. The amount is significant, given it belongs to a single blockchain address. Tether called the “...