BALD Deployer Moves Proceeds Of The Rug From Base To Ethereum
In a shocking turn of events, the developer behind the controversial meme coin BALD initiated a series of significant transactions, raising eyebrows
Read More
Proceeds
Celsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale
Bankrupt crypto lender Celsius, its creditors, and its Series B holders have agreed on a settlement to distribute $25 million from the proceeds of the sale of GK8 to the shareholders, with $24 million allocated for legal expenses and $1 million to be distributed amongst the group. Source
Read More
Kim Kardashian EMAX Case Proceeds as California Judge Rejects Motion to Dismiss
Judge Fitzgerald reject arguments from Kim Kardashian and Paul Pierce’s lawyers to dismiss the EMAX class-action lawsuit. A California judge has ruled that Reality TV star and businesswoman Kim Kardashian posted false information on social media while promoting EthereumMax (EMAX). The ruling allows the plaintiffs to proceed with the case against
Read More
Coinbase proceeds with US bitcoin and ether futures
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amidst growing regulatory challenges in the U.S., Coinbase, a prominent public cryptocurrency exchange, pushes forward with its plans to roll out bitcoin and ether futures contracts targeted at institutional investors. In the midst of increasing regulatory scrutiny
Read More
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
Digital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that could help reimburse creditors.In a May 9 announcement, DCG said it was in the middle of a 30-day mediation period with Genesis in response to creditor demands. The firm
Read More
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders – Bitcoin News
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange. Report Says Do Kwon Allegedly Sold a ‘Large
Read More
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in April. Russian Crypto Launderer Pleads Guilty in US Court, May Get Up to 20
Read More
The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester
The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related to the collapse of FTX Digital Markets Ltd.,” alongside Bahamian lawyers and other experts, according to a statement released by the law firm. FTX Digital Markets
Read More
U.S. Prosecutors Charge 21 Alleged ‘Money Mules’ With Using Crypto To Launder Proceeds of Cybercrimes
Maryland woman Zenobia Walker, 65, pled guilty in January to her role in a a scheme in which she received over $300,000 from victims of romance scams and other fraud schemes, deposited the money in her personal bank accounts, exchanged it for cryptocurrency, and passed the crypto on to her
Read More
US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds
Federal officials alleged that John Khuu sold fake drugs for cryptocurrency, making over $5 million in the process. Original Source
Read More