Cross-chain protocol Multichain revealed on May 31 that its team has been unable to contact its CEO, Zhaojun, fueling rumors that the protocol’s leadership may have been arrested in China amid ongoing technical issues. “The team has done everything possible to maintain the protocol running, but we are currently unable to AffectedBitcoinCEOChainscryptoexchangeExchangesHaltsLocateMultiChainServiceTeam Read More
Bitzero plans to invest about $400 million to $500 million to build 200 megawatts of data centers in the state.
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Indicted by the United States Department of Justice in a $2.4 billion Ponzi scheme, BitConnect founder Satish Kumbhani remains untraced following conviction.In a court filing on Monday, the Securities and Exchange Commission said that the whereabouts of Kumbhani remains unknown. The SEC noted that Kumbhani’s last known location was in his BitcoinBitConnectCaseConvictedcryptoexchangeExchangesFounderFraudLocateSECUnable Read More
The Kleiman v. Wright lawsuit in Florida continues to unravel as the plaintiff’s law firm has accused Craig Wright of forging documents AccuseBitcoinCEOCraigForgeryLawsuitLawyersLocateNchainWright Read More
The United States Commodity Futures Trading Commission (CFTC) is having trouble locating Benjamin Reynolds, who is allegedly responsible for a cryptocurrency Ponzi scheme worth over $140 million.Financial news outlet FinanceFeeds reported on Jan. 6 that the CFTC has filed a motion with the New York Southern District Court. More CFTCCryptoLocateManMillionPonziResponsible Read More