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The saga of BitConnect, a major cryptocurrency scam scheme, is taking another twist as one of the BitConnect co-founders is now wanted by the Indian state police.Satish Kumbhani, an Indian national and the alleged founder of the crypto Ponzi scheme BitConnect, reportedly became subject to a new police investigation in
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An unidentified lawyer filed a complaint naming Kumbhani and six others saying he was defrauded of his original investment of 54 bitcoins and the returns of 166 bitcoins that he was made to reinvest into platforms between 2016 and 2021, according to Indian Express. Source
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Three Arrows Capital had dreams of institutional interest in NFTs. But as the firm declares bankruptcy, its NFT collection is worth a paltry sum. Original Source
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One of the Onecoin co-founders, Ruja Ignatova, otherwise known as the ‘Cryptoqueen,’ has been added to the Federal Bureau of Investigation’s (FBI) Ten Most Wanted Fugitives list on Thursday. In addition to adding the Cryptoqueen to the most wanted list, the FBI is offering a reward of up to $100K
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“Crypto” is often used as an honorific inside the community. United States Securities and Exchange Commission member Hester Peirce is called Crypto Mom for her steadfast support for digital assets, and Time magazine crowned Vitalik Buterin the Prince of Crypto. When Ruja Ignatova was given the title “Cryptoqueen” in a
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Ignatova was the leader and public face of the OneCoin project, which was started in Bulgaria in 2014. Ignatova told investors that the OneCoin cryptocurrency could be mined and had actual value. In reality, however, OneCoin did not exist on a blockchain and Ignatova and her team manipulated its perceived
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These anime-inspired NFTs come with some deeply confounding ideological baggage. Original Source
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Day, however, argues that the hack was simple fraud. According to filings posted by Day and prepared in collaboration with the Canadian law firm Stockwoods, in addition to the Mareva injunction, Indexed developers are filing a class action suit arguing that the exploit was “civil fraud” and are seeking “rescission
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The move comes as the central bank continues to research how a central bank digital currency would work as well as the possible risks. Source
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Ghislaine Maxwell, the infamous Jeffrey Epstein co-conspirator, is still free.She’s reportedly hiding out in Paris, France.We know where she is and what she’s done — why hasn’t she been arrested?The Jeffrey Epstein fallout continues.Ghislaine Maxwell, the socialite billed as Epstein’s “pimp,” is hiding from the Feds in a plush apartment
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