Genesis Global, a bankrupt crypto lending firm, has been allowed by a court to return approximately $3 billion in cash and cryptocurrency to its customers.
Tags: Cryptocurrency
Ex-Deutsche Bank Executive Rashawn Russell Gets 3 Years’ Jail Time for Crypto Fraud
Former Deutsche Bank executive Rashawn Russell has been found guilty of running a Ponzi-like scheme where he promised investors ‘guaranteed’ cryptocurrency results.
Russian Firms Turn to Cryptocurrency for Cross-Border Transactions with China Amid Sanctions
Russian firms increasingly use cryptocurrencies, such as Tether's USDT stablecoin, for cross-border transactions with Chinese partners to circumvent financial difficulties stemming from international sanctions.
Beloved 'Doge' Meme Icon, Kabosu the Shiba Inu, Passes Away in Japan
Kabosu, the Shiba Inu behind the iconic 'Doge' meme and inspiration for Dogecoin, passed away, leaving a legacy that transcended internet culture to influence cryptocurrency worth $23 billion.
SEC Approves Ether ETFs, Marking Major Milestone for Cryptocurrency Industry
The SEC has approved Ether ETFs, marking a significant milestone for the cryptocurrency industry by simplifying investments and potentially boosting wider adoption.
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North Korea laundered $147.5 million in stolen crypto in March, according to the UN. North Korea reportedly laundered $147. 5 million via the virtual currency platform Tornado Cash in March after allegedly stealing it from a cryptocurrency exchange in 2023.
The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual assets and pretending to be Elon Musk.
Binance has claimed that Nigeria requested a secret payment of $150 million to resolve its cryptocurrency case.
A cybersecurity group led by Justine Bone, known as Crypto ISAC, will now be in motion to prevent crypto hacking and other malicious activities, providing greater confidence to investors and users.
A cryptocurrency trader lost nearly $70 million in Wrapped Bitcoin (WBTC) after moving the enormous reserve to a suspicious wallet address.
Coinbase announced a better-than-expected revenue in its first-quarter earnings report on Thursday after a bitcoin rally led to a surge in profit.
Ripple CEO Brad Garlinghouse said the cryptocurrency market is poised for significant growth this year.
Sam Bankman-Fried's defense team said the Department of Justice's "disturbing" sentencing letter last week misrepresented the FTX founder.
Is Craig Wright the real bitcoin founder Satoshi Nakamoto? A London judge has finally revealed the answer.
