US Justice Department Indicts BitConnect Founder
US Justice Department Indicts BitConnect Founder Source
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DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme
The founder of the infamous crypto exchange BitConnect, Satish Kumbhani, has been charged for allegedly misleading investors globally and defrauding them of $2.4 billion in the process.According to the Department of Justice (DOJ), a San Diego-based federal grand jury specifically charged Kumbhani for orchestrating the alleged Ponzi scheme via BitConnect’s
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Ethereum Founder Vitalik Buterin Welcomes Another Crypto Winter
Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give
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Ethereum Founder Vitalik Buterin Touts Essay Collection in ETHDenver Talk
“Crypto, specifically, because of its decentralization, is decidedly on the theory side,” Buterin concluded, arguing that emergent technology that impacts social structures, such as crypto, could nonetheless benefit from theory-based development. Source
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Bitstamp Founder Loses UK Court Bid to Prevent New Owner Buying His Shares
A U.K. High Court judge ruled that Nejc Kodrič must sell his remaining 9.8% stake to the crypto exchange's new owners, as agreed at the time of the 2018 sale. Original Source
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How HashEx is developing new auditing methods to outsmart hackers, as told by founder Dmitry Mishunin
As the cryptocurrency market has grown, so too have the number of bad actors looking to exploit vulnerable decentralized finance, or DeFi, protocols, and projects for their own gain. Earlier this month, the Ethereum-Solana Wormhole token bridge suffered the biggest hack of 2022, with $321 million lost due to a
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in a conversation with Phemex founder
Founded in 2019 in Singapore, Phemex has been operating as a crypto derivatives exchange. The platform rose to the “top 10 global exchanges in less than two years, with a daily peak trading volume of more than $12 billion.” Cointelegraph talked to Jack Tao, founder and CEO of Phemex, about
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AssangeDAO raises $38M in donations to help free WikiLeaks founder
A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices.Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring
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Loopring Names CTO Steve Guo as CEO, Replacing Founder Wang
Loopring, an Ethereum-based project that helps developers to build decentralized exchanges (DEX), named Chief Technology Officer Steve Guo as its CEO, replacing founder Daniel Wang.Wang will continue to work as an adviser and will spend time developing the project’s layer 2 strategy, the firm said in a blog post Thursday.Guo
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Wonderland Founder: ‘I’m Here to Fix This and Make It All Back’
The founder of a popular DeFi protocol is promising to make users whole after a scandal-ridden price implosion, but the path to achieving that isn’t totally clear.On Monday, embattled developer Daniele Sestagalli took to Discord to answer questions from the Wonderland protocol community – a rancorous 45 minutes featuring big
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