Despite having no trading experience a Tennessee couple convinced 100 people to hand over their money for a uniquely named crypto investment pool.
Binance, CEO Changpeng Zhao intends to seek dismissal of CFTC complaint
Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC.
Jane Street, Tower Research and Radix are Binance’s ‘VIP’ clients in CFTC suit: Report
The firms were cited anonymously in the CFTC’s complaint describing Binance’s alleged facilitation of U.S. clients.
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”
Argo Blockchain accused of misleading investors in class action lawsuit
After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain’s woes are worsening after a recent class action suit.
Polygon powers India police complaint portal, battling corruption
The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated.
Bitconnect promoter pleads guilty over Ponzi scheme, as platform faces new SEC charges
Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder Satish Kumbhani is unknown.
Judge blocks sale of Jay-Z’s first album and its copyright as an NFT
Damon Dash has slammed the complaint against him from Roc-A-Fella Records, stating that he never minted an NFT and was only attempting to sell his stake in the company.
In First, FINRA Files Fraud Complaint Against Crypto Broker
The Financial Industry Regulatory Authority (FINRA) has filed a securities fraud complaint against a cryptocurrency broker.