Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K

On June 27th, the Chinese media outlet Beijing Business Daily published an article titled “Bitcoin’s Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to ‘Indirect’ Marketing.” Beijing Business Daily reporters noticed a resurgence in speculative activities related to virtual currency trading, following Bitcoin price climbing above the $30,000 mark. The reporters observed that platforms such as … Continue reading Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K

OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud

According to the U.S. Department of Justice (DOJ), Karl Sebastian Greenwood, co-founder of the infamous OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison. The decision was handed down by U.S. District Judge Edgardo Ramos, following Greenwood’s involvement in a fraudulent operation that deceived millions of investors worldwide, leading to losses exceeding $4 … Continue reading OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud

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