Cryptocurrency Analysis and News Portal
The U.S. Commodity Futures Trading Commission (CFTC) is suing an alleged Ponzi scammer on claims he and his company raised half a million dollars for cryptocurrency investments, which instead went to personal uses.According to a press release, Breonna Clark, otherwise known as Eliot Clark or Alexander Pak, and his firm
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Digital advertising company Bidooh has taken two of its former co-founders to court on accusations they stole company software. Bidooh COO Vicki Simms said in the group's official Telegram chat on Jan. 20 that the platform had been "seriously tampered with" and that the company had taken legal proceedings against
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A former employee of United States-based cryptocurrency exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues.Per a court document filed on Nov. 26, Nathan Peter Runyon — a marine wartime veteran and ex-employee of Kraken, where he served
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PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees.The digital payments giant filed a lawsuit against the CFPB on Dec. 11, arguing that the agency has ignored critical differences between digital wallets and prepaid products like
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Israeli crypto entrepreneur Moshe Hogeg and his blockchain firm Stox (STX) are facing a lawsuit from a disgruntled investor in the United States.A Vancouver-based investor has accused Hogeg of major breaches of contract and alleged fraud that caused him losses of at least $430,000, according to a lawsuit filed
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Kate Winslet, an A-list Hollywood star, is the recent addition to a long list of popular figures who have experienced frauds committed in their names to promote crypto schemes.Recently, the actress learned that some scammers on the internet were using her images to persuade users to invest in a Bitcoin
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According to a press release on September 18, the U.S. SEC has taken legal actions against a blockchain and crypto company called ICOBox and its founder Nikolay Evdokimov for illegally distributing $14 million worth of the company’s digital token and operating as an unregistered broker for other digital asset offerings.The
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The Taiwan-based subsidiary of hacked crypto exchange Bitpoint Japan will file a $9.4 million damages suit as it claims to have been overbilled by the parent exchange.Overbilling is ‘clearly’ erroneousBitpoint Taiwan reportedly found that total funds it collected from local clients have been short by 500 million yen ($4.7
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