Galaxy Digital Settles LUNA Promotion Case with NYAG for $200M

Coinspeaker Galaxy Digital Settles LUNA Promotion Case with NYAG for $200M Galaxy Digital has reportedly agreed to a $200 million settlement with the NYAG over allegations of promoting LUNA without transparency.

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NYAG reaches $200m settlement with Novogratz’s crypto bank Galaxy Digital over LUNA sales

Michael Novogratz’s Galaxy Digital will pay $200 million over allegations it promoted LUNA while selling millions of tokens at a profit before the token’s collapse. Galaxy Digital, a crypto investment firm founded by Michael Novogratz, has agreed to a $200…

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Pro-Bitcoin Senator Accuses FDIC Of Sabotaging Digital Asset Documentation – Details

In a significant development for the ongoing discourse surrounding the digital asset sector, US Senator Cynthia Lummis (R-WY) has raised serious allegations against the Federal Deposit Insurance Corporation (FDIC).

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Coinbase Faces $1 Billion Lawsuit Over wBTC Delisting Amid Allegations of Anticompetitive Practices

Coinbase, a leading cryptocurrency exchange, is confronting a $1 billion lawsuit filed by BiT Global Digital.

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EU digital euro lead Stefan Berger quits to quell sabotage allegations

Stefan Berger, a key figure in the European Parliament’s digital euro discussions, has stepped aside to pave the way for progress without controversy. The man leading Parliament’s work on the digital euro, who became one of its biggest critics, has…

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Seized Alameda Funds On The Move: US Gov’t Shifts Additional Crypto Assets

The US government has swapped its ANT tokens for more liquid Ethereum ahead of a planned crypto phaseout. Related Reading: Did YouTuber MrBeast Make $23 Million From Crypto Scams? Shocking Allegations Emerge The government-controlled crypto wallet that holds nearly $974,000 worth of digital assets has, for the first time in almost 24 months, been activated, […]

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Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded

Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense.

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Binance Ties Allegations Swirl As Hong Kong Crypto Exchange Shuts Down Unexpectedly

Hong Kong’s crypto landscape is shifting as HKVAEX, a local digital asset trading platform, announced a phased closure culminating in a complete shutdown by May 1st, 2024. This move comes amidst a growing global trend of increased regulatory scrutiny on the cryptocurrency industry.

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Hackers like Lazarus continue to use Tornado Cash despite US sanctions

Blockchain analytics firm Elliptic revealed that the North Korea-backed hacker group Lazarus is once again using sanctioned crypto mixer Tornado Cash to obfuscate its transactions. Last year, the group ceased using the crypto mixer after US government sanctions, which were imposed due to allegations of aiding criminals in laundering illegally obtained digital assets.

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DCG, Silbert deny NYAG allegations, move to dismiss $3 billion lawsuit

Digital Currency Group (DCG) and its CEO Barry Silbert have filed motions to dismiss the $3 billion fraud lawsuit filed by the New York Attorney General’s Office (NYAG), arguing that the allegations levied against them are “baseless innuendo.

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Digital Currency Group Counters Lawsuit: Moves To Dismiss NY Attorney General’s Allegations

According to a Fortune Magazine report, Digital Currency Group (DCG) has submitted a motion to the New York Supreme Court to dismiss a lawsuit filed against the company by New York Attorney General Letitia James.

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Tellor (TRB) crypto faces market manipulation allegations amid dramatic price growth

Digital coin Tellor (TRB) saw bullish actions over the past day, climbing to press time levels of $170. 81. The token capitalized on broad-market optimism to soar. The coin gained more than 35% in the past week.

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Circle Defies Allegations: No Illicit Financing Links And Justin Sun Ties

Circle has denied the claims made by the Campaign for Accountability about its business practices. Circle is a global financial technology company that facilitates online payments and the digital money USDC.

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Ethereum Scam Allegations Grow: Crypto Pundit Describes The Rise And Fall Of ETH

Bitcoin maximalist and prominent figure in the community, Bit Paine, has weighed on the concept of digital assets and most especially suggested that the second-largest cryptocurrency by market cap, Ethereum, is a scam.

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CFTC Cracks Down On DeFi: ‘Illegal Derivatives Trading’ Lands 3 Protocols In Hot Water

The Commodity Futures Trading Commission (CFTC) intensified its focus on the digital asset decentralized finance (DeFi) space, issuing simultaneous orders against Opyn, ZeroEx, and Deridex, Inc.   The charges stem from allegations of offering illegal digital asset derivatives trading and failure to comply with regulatory requirements.

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Digital Currency Group (DCG) Files Motion to Dismiss Lawsuit by Gemini

Coinspeaker Digital Currency Group (DCG) Files Motion to Dismiss Lawsuit by Gemini The DCG filing notes that Silbert and the company "played an insignificant role in the Gemini Earn program", and Gemini's allegations of fraudulent behavior don't hold merit.

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XRP, ADA, ALGO Buyers to Back Coinbase's Fight Against SEC, Lawyer Claims

As Coinbase battles SEC over allegations of failing to register as securities exchange, XRP, ADA and ALGO investors could join digital asset exchange's defense, according to lawyer John E. Deaton

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Cardano (ADA) and Solana (SOL) Experience Increasing Bearish Sentiments as Sparklo (SPRK) Soars in Popularity

Cardano (ADA) and Solana (SOL) are two of the leading tokens hit the most by recent bearish sentiments, with their tokens to be delisted from a U.S. digital asset platform, Bakkt. Meanwhile, Sparklo, with no restraints whatsoever or allegations, is soaring in popularity and success as it continues to make incredible strides in the crypto […]

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Binance Faces Allegations Of ‘Aggravated’ Money Laundering In France

Amid the company’s several troubles, Binance, one of the world’s leading cryptocurrency exchanges has now found itself in hot water in France over allegations of severe lapses in its money laundering protocols and the unauthorized provision of digital asset services to French customers.

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Authorities raid Upbit and Bithumb in connection with South Korean crypto scandal

Prosecutors conducted a raid on two prominent South Korean cryptocurrency exchanges, Upbit and Bithumb, as part of an ongoing investigation into allegations surrounding independent lawmaker Kim Nam-kuk's digital assets.

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XRP Holders’ Attorney Supports Chamber’s Allegations of SEC’s Overreach in Digital Asset Industry

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Bahamas regulator disputes FTX’s assertions on the value of seized assets

The Securities Commission of the Bahamas (SCB) rejected FTX's allegations by John J. Ray over the digital assets of its Bahamas unit held by the regulator

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Su Zhu gets called out by the community as he fires off accusations against DCG

The 3AC founder fired off allegations against the Digital Currency Group, saying that it conspired with FTX to attack LUNA.

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US lawmakers question private firms’ role in development of a CBDC

United States lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypothetical United States Central Bank Digital Currency (CBDC)” were gaining an unfair advantage.

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CFTC Accuses Ohio Man of Running $12M Bitcoin Ponzi Scheme

The U.S. markets regulator filed a cease-and-desist order in a district court against Rathnakishore Giri and his companies over allegations of scamming investors interested in digital assets.

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Binance (BNB) reacts to allegations of market manipulation

Following allegations of market manipulation, the management of the largest digital currency exchange platform by transaction volume, Binance, has announced that the platform has never traded against its users.

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Canadian regulator alleges OKEx operator violated securities law

The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets.

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Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations

Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.

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BitMax‘s follow-up statement regarding de-listing decision of DeepCloud AI

BitMax, an industry leading digital asset trading platform, announced that there has been significant misrepresentation of facts and allegations against BitMax and its team in the follow-up to its de-listing decision of DeepCloud AI [DEEP].

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BitMax.io‘s Follow-up Statement Regarding Delisting Decision of DeepCloud AI

Friday, October 4, 2019 – BitMax. io, an industry-leading digital asset trading platform, announced that there has been significant misrepresentation of facts and allegations against BitMax. io and its team in the follow-up to its delisting decision of DeepCloud AI (DEEP).

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Fired Microsoft Geek Allegedly Stole $10 Million With a Bitcoin Mixer

Ex Microsoft employee Volodymyr Kvashuk was arrested this week amid allegations of digital currency theft to the tune of $10 million. U. S. attorneys for the Western District of Washington suspect the Ukrainian-born resident used a Bitcoin mixer to cover up his tracks.

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Bitcoin Analyst Destroys ‘Mr. Wonderful’ After Shark Tank Star Bashes Crypto

By CCN: When it comes to ignorant allegations about bitcoin, Shark Tank’s Kevin O’Leary took the cake this week, managing to hit every wrong button in trying to bash the suddenly-resurgent cryptocurrency.

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Bitcoin Cash [BCH] bull Roger Ver denies ownership of ‘@bitcoin’, says allegations are false

Major proponents of the cryptocurrency space have always contributed to the crypto-verse by putting digital assets on the front foot by informing users about the importance of decentralization and the effects of successful integration with the mainstream financial ecosystem.

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JP Morgan launch new digital asset - but is it a cryptocurrency?

JP Morgan’s new digital asset, announced on Valentine’s Day, reflects the company’s two-sided relationship with the blockchain — which began with allegations of fraud and has now progressed to the testing of the bank’s own digital coin.

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XRP Price Drops Again, Community Faces More Swatting Allegations

These are very interesting times for all cryptocurrencies, tokens, and digital assets. Although the current momentum doesn’t seem to favor either type right now, there are still high expectations associated with the XRP price.

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New BitConnect Class Action Combines All Former Suits — And Targets Youtube

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.

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Bitcoin Price Analysis: Bitcoin Consolidation Forecasts $3,500 Move

A strong round of buys hit the market this weekend as unsubstantiated rumors began to circle surrounding Tether and Bitfinex’s potential insolvency. I won’t be going into the details surrounding the allegations because, like I said, they are nothing more than unsubstantiated rumors.

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Blockvest ICO Being Sued By SEC

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.

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Tether (USDT) Grappling with Allegations of Noble Bank Insolvency

The USDT digital asset uses Noble Bank for its dollar backing, but allegations of insolvency have shaken the market.

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Federal Judge Rules Cryptocurrency MBC Is a Commodity

In a landmark case for the cryptocurrency industry, a federal judge has ruled that a cryptocurrency caught in the midst of a lawsuit is a commodity, court documents reveal.

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Robinhood Denies Selling Customer Info to Third Parties, Criticizes Media for Painting a Misleading Picture

Robinhood, a U. S. -based zero-fee trading platform dealing in both conventional and digital assets, found itself mired in an ugly controversy last week after a report surfaced alleging the company of secretly selling user-data to third-parties.

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BitAngels Founder Sues AT&T for $224 million Following Wallet Hacks

BitAngels founder Michael Terpin has filed a $224 million lawsuit against telecoms provider AT&T, alleging that its negligence led him to lose about $24 million worth of cryptocurrency to fraudsters, according to a CNBC report.

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Donald Trump Establishes Executive Order For Consumer Protection From Bitcoin

President of the United States of America, Donald Trump, is alleged to have established an executive order with the US Department of Justice (DOJ) to ensure that cryptocurrency related crime falls as part of a special consumer protection entity within the DOJ.

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