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BREAKING

SEC Files Lawsuit Against Jake Paul for ‘Illegally Touting’ Justin Sun Cryptos

Influencer and boxer Jake Paul has been sued by the Securities and Exchange Commission (SEC) for illegally promoting cryptocurrencies linked to Justin Sun. Paul allegedly “illegally touted” cryptocurrencies “TRX and/or BTT” without disclosing the fact that he was being paid Read More…

CONFIRMED

Bitcoin Surges 40% in 10 Days Amid Banking Instability

While the US banking industry is looking uncertain these days, one financial system is not: Bitcoin. Crypto was on a downward plunge at the turn of the year, and seemed to be a dying breed. But as multiple banks fail Read More…

BREAKING

Luxurious Rehab Centers Focused on Crypto Addiction Cost Hundreds of Thousands a Month

Crypto has been through some serious highs and serious lows over the past decade. And so have its enthusiasts. Some are even so hooked that they’re dealing with crypto addiction. And to cater to their needs, crypto addiction luxury rehab Read More…

BREAKING

Sam Bankman-Fried Transferred $2.2B FTX Customer Funds for Personal Use

New court filings reveal that now-defunct cryptocurrency exchange FTX made transfers of around $3.2 billion to founder Sam Bankman-Fried and certain employees. The funds were moved as “payments and loans,” and $2.2B of the total amount was sent to SBF Read More…

CONFIRMED

Influencers Who Promoted FTX Face $1B Class-Action Lawsuit

A class-action lawsuit being headed by Eric Garrison is taking aim at those dubbed “FTX influencers” who promoted now-defunct crypto exchange FTX. Respondents are named as Kevin Paffrath, Graham Stephan, Andrei Jikh, Jaspreet Singh, Brian Jung, Jeremy Lefebvre, Tom Nash, Read More…

BREAKING

FTX Announces $8.9B in Customer Funds are Missing

For the first time, now-defunct crypto exchange FTX has shared exactly how much money has gone missing. And it turns out that $8.9 billion worth of customer funds make up the bulk. In a public statement Thursday, FTX announced they Read More…

BREAKING

Coinbase End Relationship with Silvergate Amid Federal Investigations

California-based Silvergate Bank is known as the heart and soul of financing for the crypto industry. They’ve stepped into the role as traditional institutions refused to get involved in the volatile market. But now, Silvergate’s willingness to bet big time Read More…

CONFIRMED

Bitcoin Owner Forgot Password and Has 2 Attempts Left Before Losing $220M Forever

There’s nothing more frustrating than entering what you think is your password only to be told, “your password is incorrect. You have five attempts remaining.” So just imagine that frustration on an epic scale – a scale measuring $220 million. Read More…

BREAKING

Binance CEO Lashes Out at Forbes over ‘Baseless Articles’

Binance CEO Changpeng “CZ” Zhao is coming for Forbes over their coverage of the crypto world. On February 27, Forbes wrote that Binance moved $1.8B in stablecoin collateral to a number of hedge funds. Binance chief strategy officer Patrick Hillman Read More…

CONFIRMED

Illegal Cryptocurrency Mining Operation Found Hidden in School

A municipal employee in Massachusetts is accused of setting up a cryptocurrency mining operation in a crawl space at a US high school. Back in December 2021, police say they were first alerted to something bizarre at a school in Read More…