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FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
28.12.2022
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather...
Crypto users claim Gemini email leak occurred much earlier than first reported
14.12.2022
Alleged reports of compromised emails began appearing as early as October
Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’
7.12.2022
The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “accounting error.” He stressed: “It’s stolen customer money used in his hedge...
Save Thousands In Taxes by Harvesting NFT Losses – CoinLedger Explains How
5.12.2022
There’s a silver lining to the crash in the NFT market — millions of dollars of potential tax-savings. To help NFT investors claim their tax-savings before the end of the year, CoinLedger recently launched an NFT tax-loss harvesting tool. Let’s break down how the tool works...
Alameda ex-CEO Caroline Ellison spotted in New York, Twitter users claim
5.12.2022
An unverified photo purportedly shows Caroline Ellison making an order at a New York cafe, leading to questions as to why she is back on US soil
ECB Blog Post Insists This Is ‘Bitcoin’s Last Stand,’ Officials Claim BTC Is Headed Toward ‘Irrelevance’
30.11.2022
On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” The ECB authors further say that while bitcoin’s price...
CFTC Bypassed Legal Requirement in Trying to Serve Ooki DAO, Crypto Supporters Claim
22.11.2022
The Commodity Futures Trading Commission (CFTC) is trying to “create [a] novel precedent” for itself in trying to serve a lawsuit to the entirety of a decentralized autonomous organization (DAO), rather than the DAO’s members, one of three filings pushing back against the agency’s lawsuit said
Celsius bankruptcy victims get proof-of-claim deadline from US court
21.11.2022
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company
US Court Approves Deadline for Celsius Customers to File Proofs of Claim
21.11.2022
Customers of the bankrupt crypto lender have until Jan. 3, 2023 to file proofs of claim if Celsius’ scheduling of their claims as filed are incorrect
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
Reports Claim Beleaguered Crypto Exchange FTX Seeks Over $9 Billion From Investors
10.11.2022
On Nov. 10, 2022, two reports said that FTX CEO Sam Bankman-Fried (SBF) is canvassing for emergency funds up to $9.4 billion for the embattled exchange. One report says that SBF has solicited crypto companies like Tether, OKX, and Tron founder Justin Sun as well. FTX Is Reportedly Seeking Up...
Bitcoin price risks $17K amid claim Binance may reject FTX takeover
9.11.2022
Further losses come in step with confusion over the future of FTX under Binance, while CPI data looms on the horizon
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million
8.11.2022
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loans. Iris Energy’s Form 6-K filing explains to the SEC that the firm “received a notice from...
Bitcoin miner Iris Energy faces $103M default claim from creditors
7.11.2022
The company is facing a cash flow crisis due to tough market conditions
Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans
7.11.2022
The bitcoin miner will default on the loans tomorrow, unless it can reach a restructuring agreement with its lender
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
5.11.2022
Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate...
Web3 Foundation makes bold claim to SEC: 'DOT is not a security. It is merely software'
4.11.2022
According to CLO Daniel Schoenberger, the team developed a “workable theory of how token morphing may be achieved” for DOT based on the SEC’s concerns and federal securities laws
Bitcoin price due sub-$20K dip, traders warn amid claim miners 'capitulating'
28.10.2022
Miners may hit pause on the good times for BTC price action, one theory believes, as the weekend promises support tests
South Korean Public Official ‘Used Bribes to Buy Crypto,’ Police Claim
28.10.2022
Yet another South Korean government worker appears to have used ill-gotten gains to fund their crypto cravings: After reports that a public official fled abroad with $2.8 million worth of stolen public funds that has been converted to crypto, it has emerged that another former official may have...
Ethereum at the center of centralization debate as SEC lays claim
24.10.2022
Ethereum’s transition to PoS was celebrated as a key upgrade. However, a month after the move, centralization concerns are mounting high