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South Korean Politician Quits Party Over Crypto Scandal
15.5.2023
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other...
U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days
4.5.2023
Coinbase last week argued that the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector
FBI, Ukraine seize 9 exchange domains on money laundering allegations
3.5.2023
The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
2.5.2023
Resolving the company’s murky corporate design could prove key to recoveries for customers and Series B investors
Arbitrum Co-Founder Addresses DAO Vote Fiasco, Waves Off Allegations of ‘Decentralization Theater’
27.4.2023
Offchain Labs CEO Steven Goldfeder took pains to differentiate his company, which built Aribtrum, from the newly-created Arbitrum DAO that now controls it
Seoul Prosecutors Believe Terra Co-Founder Do Kwon Still in Possession of $100 Million Held in Swiss Bank Account
27.4.2023
In the wake of the recent legal action against ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, known to many as Daniel Shin, it appears that prosecutors from Seoul are convinced that Terraform Labs and co-founder Do Kwon are still in possession of a considerable...
South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security
24.4.2023
Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a financial investment product. Despite the recent...
RPG Pulled From Steam Over Theft Allegations Asks Fans To Torrent It Instead
14.4.2023
The ongoing saga surrounding the upcoming RPG Dark and Darker continues, as developer Ironmace has turned to torrents for playtesting after being delisted from Steam.Read more
Genshin Impact Character Gets New Voice Actor After Sexual Harassment Allegations
11.4.2023
A Genshin Impact voice actor recently came under public fire after several fans came forward to accuse him of sexually inappropriate behaviors towards them. Even fellow members of the cast came forward to support the alleged victims. A week later, Genshin developer HoYoverse announced that Elliot...
CFTC allegations and $1 billion lawsuit for Binance: Law Decoded, March 27–April 3
3.4.2023
Five days after the CFTC move, a new $1 billion lawsuit was filed against the crypto exchange by the law firm representing three American investors
Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors
30.3.2023
Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover...
Binance CEO CZ Responds to US Regulator’s Charges
29.3.2023
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations...
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud
28.3.2023
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial...
Sam Bankman-Fried Hit with Additional Indictment Amid Chinese Bribery Allegations
28.3.2023
In a dramatic development, FTX founder Sam Bankman-Fried is facing a new indictment for bribery, adding to the 12 charges he already faced.
The former FTX CEO was arrested last year on charges of fraud, conspiracy, and trying to evade U.S. campaign laws. He was released on bond, with the terms...
Breaking: Binance CEO CZ rejects allegations of market manipulation
28.3.2023
The response comes in relation to a series of claims made by the CFTC in its March 27 complaint against Binance
Shiba Inu community divided over allegations of code, chain ID plagiarism
16.3.2023
"I just want to know why, we, a billion dollar project that paid $10m dollars to develop our layer 2, have another projects Chain ID," wrote one user
Despite Scandals, Vince McMahon Will Be Playable In WWE 2K23
16.3.2023
According to a report from Axios, Vince McMahon will be a playable character in WWE’s upcoming video game, WWE 2K23. This news comes after the former WWE CEO’s scandal-riddled retirement last year, when The Wall Street Journal unearthed that McMahon paid four women $12 million in “hush money” over...
Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’
9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...
Tether strikes at WSJ over ‘stale allegations’ of faked documents for bank accounts
6.3.2023
Tether has hit back at a Wall Street Journal report detailing alleged shady dealings by it and Bitfinex to open bank accounts
New Netflix Must-Watch Reality Show Is Now Steeped In Assault Allegations
27.2.2023
I’ve been getting into sports lately. Not like physically, mind you, but parasocially. Y’know, watching Hajime No Ippo ahead of the anime AF Creed III and seeing what the hubbub is about LeBron James making history while being an “old.” While new Netflix game show Physical: 100 inspires lapsed...