The $25 million 2017 Centra Tech ICO court case has finally resulted in a verdict against one of the co-founders who pleaded guilty to fraud yesterday. The other founders are still awaiting trial. Robert Joseph Farkas is one of the co-founders of Miami-based crypto startup Centra Tech, which managed to raise more than $25 million … Continue reading Floyd Mayweather Promoted 2017 ICO Was a Fraud, Co-Founder Pleads Guilty
Decrypted, a movie speculated to be released by December 1, 2020, focuses on Satoshi Nakamoto’s persona as part of their story outline. The movie: Decrypted The story revolves around a National Security Agency team that captures Nakamoto and tortures him in an attempt to force him to cough up exclusive information on cryptocurrencies. They then … Continue reading Upcoming Movie Storyline Focuses on Anonymous Bitcoin Creator Satoshi Nakamoto
On the latest episode of the Unchained podcast, David Chaum, the CEO of Elixxir and inventor of eCash, and Adam Back, the CEO of Blockstream and inventor of Hashcash, discussed their involvement in the digital currency before Bitcoin existed. Adam Back shares his thoughts on the biggest mystery behind Bitcoin and denies that he is … Continue reading Adam Back Denies Being Bitcoin Creator, Claims No One Knows Satoshi Nakamoto's True Identity
In the Hong Kong Apple Daily today, a full-page ad was dedicated to Bitcoin and called on Hong Kongers to move their wealth from banks and into Bitcoin which is beyond the control of “any” government. A new full-page advertisement for Bitcoin appeared in the Hong Kong Apple Daily, the local tabloid and pro-democracy media … Continue reading Bitcoin Ad in Hong Kong Apple Daily Publication Promotes Bitcoin As Beyond Government Control
A Californian man has pleaded guilty for his involvement in perpetrating BitClub Network, a cryptocurrency mining scheme estimated to have generated at least $722 million. BitClub promoter charged with fraud Joseph Frank Abel pleaded guilty for conspiracy in fraud, and for offering and selling unregistered securities through BitClub Network. The US Department of Justice (DoJ) … Continue reading DoJ Charges BitClub Promoter for Role in $722 Million Crypto Fraud Scheme
China has appeared to be hostile territory for cryptocurrency since it officially shuttered all crypto exchanges in the country in 2017. But if that is the case, why did Chinese state media run a segment promoting cryptos, Ethereum and DeFi over the weekend? Since China’s cryptocurrency exchange ban, which was announced in September 2017, and … Continue reading China Promotes DeFi and Ethereum on CCTV, But Isn't Crypto Banned?
The United States Department of Justice (DOJ) is charging John McAfee with tax evasion and failure to file tax returns, according to an unsealed indictment that was revealed yesterday. McAfee sued for financial fraud John McAfee, the founder of the anti-virus software company, was seized and arrested in Spain. He was indicted for numerous counts … Continue reading John McAfee Indicted for Tax Evasion and for Fraudulently Promoting ICOs Through Twitter
Media reports have surfaced accusing Justin Sun and the Tron Foundation of paying celebrities and influencers to promote Tron (TRX) and BitTorrent (BTT), the two major cryptocurrencies associated with the company. Tron Foundation’s Chief Executive Officer Justin Sun has publicly addressed the allegations that he and his firm paid celebrities to promote the digital currencies. This comes … Continue reading Tron CEO Justin Sun Denies Allegations of Third-Party Celebrity Promotions of TRX Cryptocurrency
Ripple co-founder Chris Larsen and CEO Brad Garlinghouse have filed for a motion to dismiss lawsuits they have received over XRP. Following the SEC’s amended complaint towards the firm, both lead executives have appealed to District Court Judge Analisa Torres, filing for a motion to dismiss the lawsuits they have both been served with by … Continue reading Ripple’s Brad Garlinghouse and Chris Larsen File for Motion to Dismiss SEC Lawsuit
The US Securities and Exchange Commission (SEC)’s lawsuit against Ripple Labs continues to unfold, as both parties recently reached an agreement on a schedule for briefing the Individual defendants’ – co-founder Chris Larsen and CEO Brad Garlinghouse – motion to dismiss. According to the official court document submitted to United States District Judge Analisa Torres, … Continue reading Briefing Schedule for Motions to Dismiss Agreed upon by SEC and Ripple Head Execs for XRP Case