Cardano Founder Claims Elite Circles Shield FTX Founder Bankman-Fried

In a turbulent storm of accusations surrounding the controversial founder of the defunct cryptocurrency exchange FTX, Sam Bankman-Fried (SBF), a new voice has arisen, making direct claims of elite intervention on his behalf. дальше »

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Shocking Allegations: NFT Tycoon Tied To $60 Million AnubisDAO Rug Pull

Kevin Pawlak, the former head of ventures at the NFT platform OpenSea, finds himself entangled in a web of accusations surrounding the infamous AnubisDAO rug pull of 2021. However, OpenSea maintains that there is no concrete evidence linking their former employee to the alleged misdeeds, despite recent claims circulating on social media. A thread on […] дальше »

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FTX Used a Random Number Generator for Insurance Balance, Report Reveals

FTX co-founder Gary Wang testified that the numbers for the company's insurance balance fund were inaccurate and allegedly produced by a random number generator, contradicting public claims. The post FTX Used a Random Number Generator for Insurance Balance, Report Reveals appeared first on BeInCrypto. дальше »

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Cardano Founder Charles Hoskinson Refutes Claims of Abandoned Projects

Cardano founder Charles Hoskinson recently took to X to voice spirited defense against allegations of abandoning projects дальше »

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Sam Bankman-Fried (SBF) Trial: Gary Wang Details Alameda Special Privileges

Former FTX CTO reveals special privileges for Alameda, exposes SBF's misleading FTX claims amid $8B shortfall trial. The post Sam Bankman-Fried (SBF) Trial: Gary Wang Details Alameda Special Privileges appeared first on BeInCrypto. дальше »

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First week of SBF’s trial paints a grim picture for the former billionaire

As the curtains lifted on the highly anticipated trial of disgraced FTX founder Sam Bankman-Fried (SBF), the week unfolded with a series of damaging claims and a visibly charged atmosphere inside the courtroom. дальше »

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Charles Hoskinson Shuts Down Claims That Cardano’s Game-Changing Hydra Upgrade Has Failed

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Charles Hoskinson defends Hydra as Cardano DeFi thrives

Cardano (ADA) co-founder Charles Hoskinson has refuted claims that Hydra, the layer 2 scaling solution for the Cardano blockchain, has been unsuccessful. In an Oct. 5 video on social media platform X (formerly Twitter), Hoskinson revealed how Hydra has pivoted during the last three years and that measuring the network’s activity by transactions per second […] The post Charles Hoskinson defends Hydra as Cardano DeFi thrives appeared first on CryptoSlate. дальше »

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JPMorgan Claims The Merge And Shanghai Upgrades Have Made Ethereum More Centralized. Here’s Why

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THORSwap paused following FTX hacker’s transactions claims

In a recent development, THORSwap, a decentralized exchange (DEX) built on the ThorChain network, has temporarily shifted into maintenance mode due to heightened concerns over potentially illicit funds coursing through its platform. дальше »

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Cardano’s Charles Hoskinson highlights misinformation surrounding Hydra’s capabilities

Cardano co-founder Charles Hoskinson has commented on some misconceptions surrounding the Hydra project. In a YouTube video, he tried to debunk and clarify Hydra’s capabilities following claims of dishonesty. дальше »

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EMAX investors given third and final chance at celeb promo suit

The judge presiding over a class suit by EMAX token investors gave them a final chance to file their claims against celebrities who allegedly promoted it. дальше »

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SBF Trial Day 3 – Former FTX CTO claims SBF granted Alameda Research ‘special privileges’ during witness testimony

The third day of the trial against Sam Bankman-Fried (SBF) unveiled deeper insights into the company’s financial operations and its founder’s personal habits. In the morning session, testimony from Adam Yedidia, a college acquaintance of Bankman-Fried and a former Alameda and FTX staff member, provided a glimpse into the backend operations of FTX. дальше »

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Elon Musk hits at SEC, DOJ amid suit to force testimony in Twitter probe

Elon Musk claims the SEC and DOJ are abusing their regulatory powers for personal and political gain to receive punitive action.

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Tick-Tock On Spot Bitcoin ETF: 3 To 6 Months Until US Approval, Claims Ex-BlackRock Exec

Former managing directors at BlackRock, the world’s largest asset manager, have weighed in on the approval of a spot Bitcoin exchange-traded fund (ETF) in the US, suggesting that the process is now more a question of ‘when’ rather than ‘if. дальше »

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SBF Trial Day 2 – Prosecution’s opening statement paints SBF as a fraud mastermind, Defense claims complete innocence

The second day of Sam Bankman-Fried trial began with the continuation of the jury selection process, which was concluded within a few hours — allowing the trial to start in full with both the prosecution and the defense presenting their opening arguments. дальше »

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Sam Bankman-Fried Lost Half a Million Dollars Every Day After Alameda Launched, Michael Lewis Claims

The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm. дальше »

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Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities. дальше »

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Sam Bankman-Fried sues insurance company for defense costs as trial opens

SBF has directors and officers coverage through FTX Trading parent Paper Bird, but now that two companies have paid out $10 million, the third in line is balking, the suit claims. дальше »

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Binance collaborates with Royal Thai Police to seize $277M from scammers

Over 3,000 victims of the alleged crypto scammers have come forward to the authorities to file for compensation claims.

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Binance And CEO Draw Legal Fire Over Claims Of FTX Manipulation

In a class-action lawsuit filed on October 2 in the District Court of Northern California, Binance (Binance Holdings Limited, BAM Trading Services, BAM Management US Holdings) and its CEO Changpeng Zhao (“CZ”) are facing serious allegations surrounding attempted monopolization of the crypto market, purportedly through damaging strategies against their competitor FTX. The legal battle spearheaded […] дальше »

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nChain CEO resigns, claims Craig Wright is not Satoshi

The nChain board, Ager-Hanssen claims, "didn’t take action." One of the things he recommended was "to sack Dr. Craig Wright." дальше »

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Are There Secret Amendments In the XRPL And Does It Affect XRP Price? Expert Chimes In

Digital asset expert and XRP enthusiast WrathofKahneman has come out to debunk claims of a new backdoor in the XRP Ledger and its effect on the XRP price. This comes in light of a rumor circulating about “secret amendments” in the XRPL. дальше »

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Ripple CTO Addresses Bitcoin Adviser’s Claims That XRP Is Centralized

Ripple CTO David Schwartz has addressed claims made by El Salvador Advisor Max Keiser that the XRP token is a “centralized” cryptocurrency. Schwartz took to X (formerly Twitter) to clear the air, stating that the Bitcoin Adviser’s opinion of XRP was too ignorant to warrant a proper reciprocation. дальше »

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FTX Bankruptcy Claims Soar in Value in Over-the-Counter Markets as Estate Recovers $7.3B

The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX claims as the “hottest ticket in town.” дальше »

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Ripple CTO Reacts to XRPL Centralization Debate

Ripple CTO has slammed debate focusing on decentralization claims of XRPL дальше »

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XRP Ledger Developer Xumm Reveals “Infrastructure Overhaul,” More Than An Upgrade?

The company behind the XRP Ledger crypto wallet, Xumm, unveiled its plans to launch an “Infrastructure Overhaul” for the network. The company claims the upgrade will push the XRPL to the next level. дальше »

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Justin Sun May Be $2.4 Billion Short on Huobi’s User Funds, VC Says

VC claims Justin Sun owes customers $2.4 billion but reserves billions short and questionable staked Tether tokens funding Sun. дальше »

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Vitalik Buterin sees crypto utility growing in developing world, wary of CBDCs, exchanges

According to an interview with CNBC, Ethereum co-founder Vitalik Buterin believes cryptocurrencies currently provide the greatest utility in emerging economies. While developed nations often view crypto as a speculative investment, Buterin claims its most meaningful use cases exist in lower-income countries. дальше »

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Ripple’s David Schwartz Defends XRP Against Claims of Elite Enrichment

Ripple CTO David Schwartz directly addressed and refuted contentious claims surrounding nature of XRP дальше »

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Arbitrum Treasury Richer by $59M as Users Miss Claims Deadline

Users had nearly six months to claim the tokens after an airdrop in March. дальше »

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Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.

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SEC Lawsuit ‘A Year Too Late’ Binance Claims As It Seeks To Dismiss

Binance and its founder, Changpeng Zhao (CZ), have filed a motion seeking to dismiss the lawsuit brought against them by the Securities and Exchange Commission (SEC). The SEC filed suit in August, claiming Binance sold cryptocurrencies that should have been registered as securities. дальше »

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Meme Coin Riches: Expert Trader Shares How To Score 100-1000x Wins

Expert trader Guru shared his top memecoin strategies in an extensive Twitter thread. The thread reveals Guru’s tactics to buy dips, play launches, use market caps, and size trades. Guru claims these methods have led to massive 100-1000x gains. дальше »

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Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims

An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021. дальше »

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Former crypto CEO faces lawsuit over drug use and inappropriate behavior 

Phillip Gillespie, former co-CEO of crypto trading firm B2C2, is caught up in allegations involving drug use and inappropriate relations with a young intern.  The claims against Gillespie emerged as part of a lawsuit filed in New Jersey by Bradley… дальше »

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Former UK politician says crypto exchanges pressed him

The former FCA chairman claims he faced “political pressure” to welcome crypto firms, which are now under criminal investigation by U.S. authorities. Charles Randell, a former chairman of the UK’s Financial Conduct Authority (FCA), said he was under “political pressure”… дальше »

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Animoca CEO invites Ethereum’s creator to Hong Kong

Yat Siu, founder of Animoca Brands, offered to fly Vitalik Buterin to Hong Kong and act as his tour guide to help navigate the city-state’s crypto regulatory landscape after Buterin shared doubts about long-lasting policies. дальше »

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CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion

“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities. дальше »

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Binance CEO CZ Contradicts His Own Lawyers

Binance CEO denies SEC claims that its US arm improperly used overseas Ceffu custody, contradicting past statements by his own attorneys. дальше »

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Farewell, Bitcoin! Has This Crypto Become BlackRock’s New Favorite?

BlackRock, an investment firm, is reportedly considering investing in Ripple's XRP token, potentially favoring it over Bitcoin. However, these claims are based on rumors and speculation. The post Farewell, Bitcoin! Has This Crypto Become BlackRock’s New Favorite? appeared first on BeInCrypto. дальше »

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FTX files lawsuit against SBF's parents, allege $30 mln deception

Bankman and Fried allegedly used their insider status within FTX to amass personal wealth. FTX has asserted claims for fraudulent transfer, breach of fiduciary duty, unjust enrichment, and otheThe post FTX files lawsuit against SBF's parents, allege $30 mln deception appeared first on AMBCrypto. дальше »

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Netcoins averts cybersecurity attack limiting losses to $250k, customer funds secure

Netcoins, the online cryptocurrency brokerage owned by BIGG Digital Assets, claims to have detected and prevented a cybersecurity breach on Sept. 17. Its internal control systems identified suspicious activity on its hot wallets and blocked unauthorized crypto-asset withdrawals. дальше »

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Binance v. SEC: Hearing in Washington DC over BAM motion to compel starts now

The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the regulator’s case against it. дальше »

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SEC claims Ceffu wallet provider is ‘Binance-related’ in motion against BAM

The securities regulator claims that Ceffu is a Binance entity and not merely a digital asset wallet provider.

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FTX resumes claims process after addressing cyber breach

FTX confirmed that the breach affected none of its systems. The exchange launched the customer claims portal on 11 July, but it inexplicably went offline within an hour Bankrupt cryptocurrenThe post FTX resumes claims process after addressing cyber breach appeared first on AMBCrypto. дальше »

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Ripple CEO: The Billion-Dollar Problem That Will Make XRP The Next Bitcoin

Ripple’s XRP token is believed to boast huge potential, but many have wondered how valuable the token can become. Ripple’s CEO Brad Garlinghouse seems to have an answer as he claims the token could become the next Bitcoin. дальше »

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New Avalanche Dapp Lets Traders Swap Hundreds of Different Tokens in Single Transaction

Decentralized exchanges usually let users swap one asset for another, but a new tool claims to let users swap 300 tokens at the same time. дальше »

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Hong Kong central bank warns crypto firms against misleading bank claims

The Hong Kong Monetary Authority has issued a stern warning to cryptocurrency-related firms that are misrepresenting themselves as banks or describing their products as deposits. дальше »

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FTX Reopens Claims Portal Amid Concerns About Asset Recovery Strategy

FTX reopens claims portal post-cybersecurity breach amid creditors race to register before the deadline. The post FTX Reopens Claims Portal Amid Concerns About Asset Recovery Strategy appeared first on BeInCrypto. дальше »

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