2022-7-8 18:52 |
KeyFi Inc, a DeFi staking software developing firm, has filed a lawsuit against embattled crypto lending company Celsius Network over allegations of fraud while also alleging that the firm operated in a Ponzi-like manner. origin »
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KeyFi Inc.’s complaint alleges that Celsius failed to honor a multi-million dollar profit-sharing agreement after deploying numerous successful staking and DeFi strategies for the firm.
2022-7-8 06:40 | |
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After exposing Huh token for being a scam, it was recently brought to my attention that the team behind the token launched a series of false accusations against me. This article will serve as not only my response to the allegations, but also as firm proof that Huh token is a complete scam.
2021-11-25 07:39 | |
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According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients.
2021-6-27 12:00 | |
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Popular payments firm MoneyGram has been sued with a class action over allegations of misrepresentation in its partnership deal with Ripple Labs as well as the legal standing of XRP token. The class-action suit comes following the statement that MoneyGram International provided following a partnership deal with fintech startup Ripple Labs which also involved XRP […] The post MoneyGram Hit With Class Action Lawsuit over Ripple Partnership first appeared on BitcoinExchangeGuide.
2021-3-3 20:43 | |
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Following US Securities Exchange Commission’s (SEC’s) allegations against Ripple Lab, the San Francisco-based firm has filed its answer to the Commission’s lawsuit in federal court. The respoThe post Ripple files response to SEC's XRP lawsuit appeared first on AMBCrypto.
2021-1-30 21:50 | |
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In the wake of the recent allegations against the firm by US SEC, Ripple issued a new statement today in which the firm called the SEC’s decision "an attack" on US crypto industry and said that the The post Ripple releases latest statement: we look forward to working with SEC’s new leadership appeared first on AMBCrypto.
2020-12-29 21:41 | |
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To some who have just skimmed the headlines around the BitMEX exchange, the legal activity and allegations around the firm seem a bit overblown. It seems like just yesterday, people were happily trading on the platform.
2020-12-4 10:00 | |
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NPPA, a major Australian financial services firm, is suing Ripple Labs over allegations of copyright infringement.
2020-8-26 11:11 | |
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FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027 members in 192 countries” and ostensibly sees “12,879.
2020-8-4 23:00 | |
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Scandal-hit crypto card issuer Wirecard AG, a firm that has filed for insolvency because of its missing $2. 1 billion – but customer funds appear to be safe, for now. The news comes just two days after former chief executive officer Markus Braun was arrested by German police on allegations of falsifying accounts and market manipulation.
2020-6-26 00:30 | |
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Some investors have filed an amended complaint in their lawsuit against the Blockchain firm, Ripple. The refiled two-year class action now includes new allegations that add weight to the investors’ claim of fraudulent practices by Ripple and its CEO, Brad Garlinghouse.
2020-4-2 22:16 | |
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The chief executive of Binance, one of the world’s top crypto exchanges, has vociferously denied reports that the firm’s Shanghai office has been raided by Chinese authorities. Incredibly, CEO Changpeng Zhao claims Malta-based Binance, in fact, has no Shanghai office and that the allegations are part of a smear campaign paid for by rival crypto […] The post Binance CEO dismisses Shanghai police raid news as “pure FUD,” says rival crypto exchanges are paying for disinformation appeared first on CryptoSlate.
2019-11-22 08:21 | |
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Messaging app firm Telegram has made a new plea to a U.S. court to drop an action brought by the SEC alleging its token is a security.
2019-11-14 14:00 | |
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Zuoxing Yang, known as the CEO and founder of MicroBT, a BTC miner maker based in China, has been detained and held by the local police. According to reports from local media outlets, the investigation is regarding the infringement of intellectual property by the firm.
2019-11-9 00:04 | |
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The U. S. Securities and Exchange Commission is in discussions with the alleged fraudulent firm Virataseum. Sec announced off into a dialogue with CEO Reginald Middleton before the pre-trial conference for a possible settlement of the $15 million illegal token sales.
2019-10-10 17:37 | |
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The US’ top financial watchdog has settled with Dallas-based blockchain startup Bitqyck Inc. over allegations it fraudulently sold shares of company stock to more than 13,000 buyers of its Bitqy cryptographic token.
2019-8-31 18:09 | |
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Ripple has substantially reduced XRP sales. While Ripple had claimed to have remained transparent about the actual figures of XRP sales in its recent market report, the blockchain firm was at the receiving end of allegations which claimed that it provided manipulated figures.
2019-8-28 13:35 | |
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Since half of 2019 has passed by, we can now gain a firm perspective on the cryptocurrency market’s trends over the past six months. Bitcoin is up over 140 percent, crypto-exchanges are still vulnerable and on the face of it, Tether is still mired in controversy.
2019-6-18 20:00 | |
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OneCoin cryptocurrency investment project has responded to widespread allegations going on in and around the cryptocurrency world that the project is nothing but a pyramid scheme. The firm laid the issue to rest once and for all saying that it does not fit the narrow definition of a bitcoin ponzi scheme. According to a report […]
2019-5-18 01:23 | |
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The Ontario Securities Commission and the CEO of blockchain firm NextBlock are seeking a settlement over allegations of dishonest tactics for attracting investment
2019-5-10 00:40 | |
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According to the company behind it, stablecoin USDT is not fully backed by fiat currency deposits. It was revealed today that the controversial crypto asset firm Tether only holds around 74 percent of the total value of USDT’s current circulating supply.
2019-5-1 00:00 | |
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Craig S. Wright has officially taken the first steps in a legal action against a member of the Bitcoin community, according to a letter shared with Bitcoin Magazine.
2019-4-12 21:55 | |
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Blockchain investigation and cybersecurity firm CipherBlade has done its own research, the results of which seem to exonerate crypto exchange ShapeShift from a scathing report in The Wall Street Journal.
2019-3-22 20:20 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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After Coinbase’s Head of Sales gave an interview claiming that the firm’s previous analytics provider had been selling user Information, Elliptic released a March 4, 2019 blog post denying all allegations.
2019-3-6 18:00 | |
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Blockchain analytics firm Chainalysis has clarified that it does not collect or sell users’ personal data when it provides its services to crypto exchanges
2019-3-6 10:44 | |
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Blockchain analytics firm and Coinbase tech provider Elliptic has refuted allegations that it collects and sells clients’ user data to third parties for financial gain
2019-3-5 11:09 | |
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It seems like cryptocurrency firms are not shying away from controversies anytime soon. Sydney-based Power Ledger faced fire last week after investors and industry experts called out the firm’s dubious social media practices, reported Financial Review on December 26, 2018.
2018-12-29 12:00 | |
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Two more voices have joined the case against Epic Games, bringing more allegations of intellectual property theft. In this case, the people in question are Alfonso Ribeiro, best known for his role as Carlton Banks on The Fresh Prince of Bel-Air, and the infamous Backpack Kid.
2018-12-18 21:53 | |
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The FBI has arrested the CEO of Dallas-based AriseBank on November 28, 2018, reports Dallas News. The arrest was made after allegations of company CEO, Jared Rice Sr. duping hundreds of investors out of more than $4 million.
2018-11-30 14:00 | |
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OKEx has pushed back against allegations made by a trading firm over its forced settlement of bitcoin cash futures contracts last week.
2018-11-21 17:30 | |
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Flipkart, the largest online store in India, just saw its company group CEO and co-founder Binny Bansal resign over allegations of misconduct. The news follows an independent investigation into Bansal’s actions at the Walmart-owned firm, and his denial of the allegations.
2018-11-13 15:39 | |
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According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect.
2018-10-19 22:58 | |
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The law offices of Pomerantz LLP in New York have filed a series of civil suits against MGT Capital Investment and its executive officers on behalf of several of the trading firm’s past or present customers.
2018-10-18 20:05 | |
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Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.
2018-10-15 18:00 | |
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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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The EOS community is dealing with more bombshell allegations of corruption. Block. one, the software firm behind EOS, has been forced to rebuff claims Chinese cryptocurrency tycoons are working together to keep control of its blockchain.
2018-10-2 17:23 | |
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On the 11th of September, and according to China’s local news outlet Sina News, Star Xu, the founder of the cryptocurrency exchanges of OKEx and OKCoin, was arrested by Shanghai Police Officials.
2018-9-12 21:23 | |
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The Commodity and Futures Trading Commission (CFTC) has had the last laugh in its case against New York-based crypto firm, CabbageTech Corp. The judge hearing the case in the New York Eastern District Court ruled, on Aug 24, that there is credible evidence in favor of CFTC’s allegations that the company was defrauding its clients.
2018-8-29 18:10 | |
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Bitmain, the Chinese mining conglomerate, is raising eyebrows ahead of its IPO in August 2018 after critics pointed out the firm is holding vast amounts of Bitcoin Cash (BCH). The company’s founder, Jihan Wu, is a popular proponent of the controversial Bitcoin hard fork.
2018-8-14 22:00 | |
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According to reports from a Korean accounting firm, the biggest South Korean crypto exchange UPbit is cleared of charges from the allegations that were made against it last May. The exchange was blamed to have manipulated its balance sheet which resulted in a rise in its trading values. Soon after unknown sources claimed that the firm […]
2018-8-8 02:57 | |
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Nearly a thousand people have signed a petition for the extradition of Leh Minh Tam, the CEO of Sky Mining, a cryptocurrency mining firm based in Ho Chi Minh City. The signatories are calling for Tam’s deportation from the United States following allegations that he fled after defrauding investors of $36 million.
2018-8-5 17:00 | |
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ETF’s are back in the news this week with the Winklevoss twins of Gemini getting rejected again, while investment firm Direxion was delayed till September on a final decision.
2018-7-30 18:41 | |
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Tether [USDT] recently released a three-page transparency update, which was a product of Freeh, Sporkin & Sullivan LLP [FSS], a legal firm founded by three former federal judges, including a former FBI director.
2018-6-23 03:32 | |
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To get rid of allegations over Tether not having the funds to back their tokens, Freeh Sporkin & Sullivan LLP, a law firm, released a report which confirmed Tether's bank deposits and assured investors that its cryptocurrency is backed by USD.
2018-6-22 13:42 | |
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Celsius is accusing KeyFi of stealing and mismanaging funds during their former partnership. Many Tens of Millions in Cryptocurrencies Celsius is counter-suing its former partner. The struggling crypto lending company...
KeyFi has been listed on the Binance Smart Chain-based ApeSwap DEX following their partnership as per an update on Apr 20. KeyFi app launched in Dec 2020, activating its token, KEYFI. 300 KEYFI to Celebrate Listing on ApeSwap They are giving away 300 KEYFI tokens to their community to celebrate this listing. During this giveaway,Read More
Decentralized finance is on the move, and as the market attracts mainstream attention, users are looking for more cost-effective ways to interact with defi applications. Ethereum still retains market dominance in the sector, but Binance Smart Chain (BSC), the finance-focused blockchain run by Binance exchange, is catching up quickly. To further incentivize users to stayRead More
Unbound Tech, a leader in cryptographic key management and protection, today announced that it has entered into a strategic partnership with crypto-asset security startup KeyFi to develop specialized software and services using secure multi-party computation (MPC).