Singapore Police Responding to Su Zhu's Arrest Says It Has Detained 36-Year Old Man: Reuters
Zhu was reportedly arrested last week while trying to leave the country, liquidators said. Source
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DAOs need to learn from Burning Man for mainstream adoption
As they exist today, decentralized autonomous organizations (DAOs) will not scale to the masses. Sure, shining examples like PleasrDAO, Uniswap DAO, Synthetix’s group of DAOs, and Maker DAO exist, thriving in their respective niches. Still, none of these have gotten anywhere close to being household names. Why, you might ask?Related: Cybernetic
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Australian Man Who Spent $6.7M Erroneous Crypto.com Refund Faces Theft Charges, Guardian Reports
Jatinder Singh will attend a plea hearing on Oct. 23 at the County Court of Victoria in Australia for failing to report that he received AUSD 10.47 million (roughly $6.7 million) from Crypto.com in 2021. Singh used the money –sent to him because of an accounting error – to buy
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OKX Eyes 10-Year Deals with McLaren and Man City, Unveils ‘Stealth Mode’ Race Car
A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals. Crypto exchange OKX wants its deals with Formula 1 team McLaren and UEFA Champions League-winning team Manchester City to last a decade. The company reportedly spends $25-$50 million per year in its sponsorship deals with the
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Asia’s richest man bets on blockchain, CBDC
Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).See related article: The Digital RupeeFast facts“JFS (Jio Financial Services) will consolidate its payment infrastructure, with a ubiquitous offering for both consumers and merchants further driving
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Chinese man sentenced to 9 months in prison for buying $13K in USDT
An individual, identified only as “Mr. Chen,” has been convicted by the Fuzhou Mawei People’s Procuratorate on charges of “offense of concealment and concealment of crime” for purchasing 94,988 Chinese yuan ($13,067) worth of Tether (USDT) for an acquaintance.According to local news reports, Mr. Chen was contacted by Mr. Lin,
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Moroccan Man With Stealing $450K in Bored Ape Yacht Club and Other NFTs in OpenSea Spoofing Scam
The indictment, issued by the United States Attorney for the Southern District of New York, alleges Soufiane Oulahyane, a Moroccan national, operated a look-alike website of popular NFT marketplace OpenSea to obtain unauthorized access to digital assets and NFTs in a cybercrime technique known as "spoofing." Source
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US man imprisoned after paying bitcoin to eliminate child he molested
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A New Jersey resident, John Michael Musbach, has been sentenced to 78 months in prison following his attempt to hire a hitman via the dark web to assassinate a minor he had previously sexually exploited. The objective
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OKX Overcomes FTX-Related Concerns Around Crypto Industry to Expand Sponsorship With Man City
Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX. Source
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CFTC charges New York Man for defrauding users, including crypto holders, of over $21 million
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against William Koo Ichioka, for defrauding around 100 users, including crypto asset holders, of more than $21 million. The fraudulent scheme According to the CFTC’s
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