Canadian police praise Tether for ‘swift’ recovery of stolen funds
The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities. Go to Source
Asset Freeze
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SEC charges siblings over $60M Ponzi touting a crypto trading bot
The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium. Go to Source
UK Judge Freezes Craig Wright’s Assets Worth $7M Amid Satoshi Nakamoto Identity Dispute
After Judge James Mellor in the U.K. rendered his decision in the notable lawsuit initiated by the Crypto Open Patent Alliance (COPA) against Craig Wright, he concluded that Wright did not embody the persona of the pseudonymous Satoshi Nakamoto. Subsequently, Mellor enforced a worldwide injunction on Wright’s holdings, freezing assets valued at £6.7 million (approximately … Read more
SEC freezes assets of DEBT Box, alleging $50M node license ‘sham’
Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its “node licenses.” Go to Source Powered by WPeMatico
Don’t Forget the Importance of Censorship Resistance
Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. I’m talking about censorship resistance. The following opinion editorial was written by Bitcoin.com CEO Dennis … Read more
Crypto exchange Hotbit says it froze customer funds due to alleged criminal ties of formal employee
It’s not yet clear how the alleged criminal misconduct of a former employee led to a law enforcement freeze on user’s funds. Go to Source Powered by WPeMatico
