Activist short-seller Andrew Left of Citron Research, who regularly accused firms of securities fraud, has been charged with engaging in securities fraud. This indictment comes a little over two years after Left stated, “crypto is just complete fraud.” Alongside this indictment, the US Securities and Exchange Commission (SEC) has also...
A UK hacker behind a Coinbase login scam that used dummy websites and sob stories to steal more than $900,000 worth of crypto has been jailed for three-and-a-half years. As reported by the Norwich Evening News, 24-year-old Elliott Gunton was jailed at Norwich Crown Court for his part in a hacking plot that involved mimicking the website...
The slogan for Arkham Intelligence is ‘Deanonymizing the Blockchain’ — providing public access to real names associated with crypto wallets. On its social media, the company periodically doxxes blockchain wallets, naming sales and holdings by individuals like Donald Trump or companies like Tesla, NYDIG, Marathon, or ETF sponsors. Last...
This week, some Binance fans took to X (formerly Twitter) to share their excitement that the exchange’s founder, Changpeng Zhao (CZ), was scheduled to complete his prison sentence on August 30. Unfortunately for them — and CZ — a quick fact-check reveals that he won’t actually be freed by that date. On April 30, US District Judge Richard Jones...
A Bitcoin lobbying group wants the UK to refrain from selling more than 61,000 government-controlled bitcoins, citing pro-crypto sentiment from Donald Trump, El Salvador, and the United Arab Emirates. Bitcoin Policy sent a letter along with its manifesto to the UK’s Chancellor of the Exchequer Rachel Reeves and City Minister Tulip Siddiq...
Five weeks ago, Tether, the most profitable company in the crypto industry partnered with its subsidiaries Moon Gold and Moon Gold El Salvador to launch a new token, Alloy (aUSDT). The stablecoin giant, which manages over $114 billion in assets and posted an annualized profit of $18 billion, says it “aims to redefine stability in the digital...
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