Cryptocurrency Analysis and News Portal
In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the hype for Ordinals resurfaced.
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As part of the plea deal with prosecutors, Binance has agreed to pay the United States Department of Justice (DoJ) $4.3 billion. The chief executive officer (CEO) of Binance Changpeng Zhao (CZ) has pleaded guilty to federal money laundering charges and announced he is stepping down from the helm of affairs
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Binance founder Changpeng "CZ" Zhao has agreed to step down as CEO of the crypto exchange as the U.S. Department of Justice (DOJ) prepares to announce that it's secured a $4.3 billion settlement with the company.According to The Wall Street Journal, CZ intends to plead guilty to several charges levied
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The creator of the Mutant Ape Planet nonfungible token (NFT) collection — a knock-off of Yuga Labs’ Mutant Ape Yacht Club project — has pleaded guilty to conspiracy to commit wire fraud in a New York federal court.In a Nov. 14 statement, the U.S. Attorney’s Office for the Eastern District
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The former compliance chief of OneCoin — a 2015 crypto scheme that defrauded investors out of $4 billion — has pleaded guilty to wire fraud and money laundering charges in Manhattan federal court.In a Nov. 10 statement, the Department of Justice (DOJ) said that U.S. District Judge Edgardo Ramos had
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Irina Dilkinska entered a guilty plea weeks after OneCoin co-founder Karl Sebastian Greenwood was sentenced to 20 years in prison for a multi-billion dollar crypto pyramid scheme. OneCoin’s head of legal and Compliance, Irina Dilkinska, pled guilty to charges of wire fraud and money laundering before a Manhattan court on Nov.
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Bitcoin Magazine counters the Federal Reserve’s lawsuit over FedNow parody merchandise, invoking First Amendment rights. On Oct. 27th, the U.S. Federal Reserve sent a notice to the popular crypto news site, Bitcoin Magazine, threatening to sue the publication over misusing FedNow’s image and trademark for their own merchandise. Today, Bitcoin Magazine
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Marco Ruiz Ochoa pleaded guilty to one count of conspiracy to commit wire fraud in the Southern District Court of New York on Sept. 27 in relation to Ponzi scheme perpetrated by the IcomTech company. Ochoa was CEO of IcomTech from its founding in 2018 to 2019.According to a
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According to the DOJ, Russell defrauded at least 29 investors from the scheme of around $1.5 million. The United States Department of Justice (DOJ) has announced that Rashawn Russell, a former Deutsche Bank investment banker and registered broker, has confessed to participating in a fraudulent crypto scheme called the ‘R3 Crypto
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A former Deutsche Bank investment banker — who was charged earlier in 2023 in relation to a fraudulent cryptocurrency trading scheme — has pleaded guilty to investment fraud and could face up to 30 years in prison.According to a Sept. 19 statement from the United States Department of Justice (DOJ),
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