Mark Scott, a lawyer accused of laundering $400 million in the infamous OneCoin cryptocurrency scam in 2019 has been denied a new trial.

OneCoin Lawyer Involved In Laundering $400 Million Denied Fresh Trial

According to a report from Bloomberg, the motion seeking a fresh trial was declined by the court despite the defendant citing several legal mistakes including false testimony in the ...

1 year ago

The token sales won’t flood the market because liquidations are bound by volume limits, the report said.

FTX’s Crypto Liquidation Sales Unlikely to Cause Market Shock: Coinbase

The sale of tokens held by bankrupt crypto exchange FTX will not result in a market shock due to several mitigating factors, Coinbase (COIN) said in a research report Thursday. ...

1 year ago

Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username ‘jolamchok’ on Instagram, for his association with crypto exchange JPEX.

Crypto influencer arrested in Hong Kong for JPEX association

A Hong Kong-based social media influencer has been reportedly arrested after investigations around the liquidity crisis of the crypto exchange JPEX traced back their involvement. Hong ...

1 year ago

NFL Star Trevor Lawrence and Two Other Celebrities Settle FTX Lawsuit

Three high-profile figures, including NFL quarterback Trevor Lawrence and popular YouTubers Kevin Paffrath and Tom Nash, have chosen to settle a lawsuit relating to their promotional a...

1 year ago

Cryptocurrency platform JPEX

Crypto Exchange JPEX Suspends Earn Trading Amid Ongoing Investigations in Hong Kong

Cryptocurrency platform JPEX, headquartered in Dubai, is reportedly shutting down some of its operations, as the exchange is facing a probe from Hong Kong police ...

1 year ago

Energy use is down, and staking is up, but technical concerns still mark the road ahead for the second-largest cryptocurrency by market cap.

Ethereum Merge anniversary — 99% energy drop but centralization fears linger

One year after its historic transition to proof of stake, Ethereum has seen a massive reduction in energy use and a marked improvement in access to the network, however, a number of technical is...

1 year ago

The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022.

Brazil: Senate Commission will analyze the AI bill in 120 days

Catching up with the wave of regulatory attention to artificial intelligence (AI), Brazil gets its work plan to discuss, analyze and, if necessary, amend the bill on AI regulation.  ...

1 year ago

SFC Alerts Unregistered Crypto Platform JPEX to Potential Legal Consequences

SFC Warns Unregistered Crypto Exchange JPEX of Potential Criminal Liability

The Hong Kong Securities and Futures Commission (SFC) has issued a solid warning to unregistered crypto exchange JPEX that it may face criminal charges for actively promoting its servi...

1 year ago

Messaging app Telegram endorsed TON network as its blockchain network of choice for Web3 infrastructure, boosting the TON token price by 7%.

Telegram integrates TON crypto wallet, TON price jumps 7%

Popular messaging app Telegram has finally unveiled a crypto wallet nearly three years after it first revealed plans to build a Web3 ecosystem. The wallet was unveiled during the ongoing To...

1 year ago

A CoinEx hot wallet transferred $27 million of various tokens to a wallet with no previous history in what the exchange’s team has referred to as “anomalous withdrawals."

CoinEx exchange drained of $27M worth of crypto in suspected hack

On Sept. 12, crypto exchange CoinEx experienced abnormally large outflows to an address with no prior history, leading security experts to suspect the exchange was hacked. Blockchain security pl...

1 year ago