A Feb. 6 filed report highlighted Hong Kong’s securities and futures commission’s plans to hire additional staff to provide a better supervisory role to virtual asset service providers in Hong Kong. Until recently, only professional or retail investors with portfolios worth at least...
According to Webaverse reports, last year, for several weeks, Webaverse was the target of a skilled scammer group posing as investors. The Webaverse team and the con artists met in Rome at the end of November 2022, where about $4 million in scam...
The U.S. Department of Justice (DoJ) has called for U.S. Bankruptcy Judge John Dorsey to appoint a separate, independent third-party examiner to investigate FTX’s bankruptcy further. US DoJ calls for more investigations on fraud The U.S. Department of Justice called for the appointment...
How To Recover Stolen Cryptocurrency From Ledger Nano What a moment! With the Bitcoin price surging past $21,000 in January 2023, investors are scrambling to buy Bitcoin or any other cryptocurrency. Ledger Nano is one of the most popular hardware wallets in the...
The United Kingdom’s Financial Conduct Authority (FCA) informed crypto companies targeting U.K. investors to prepare for an incoming regulation regarding cryptocurrency promotions. In an official press release on Feb. 6, 2023, the FCA said companies operating within the U.K. and outside the country...
Ahead of the proposed legalization of cryptocurrencies in Korea, the financial services commission (FSC) published rules on Jan. 6 that outline which digital assets will be regulated as securities in the country. The guidelines stipulate that all blockchain-based tokens will be treated and...
According to a news release on Feb. 5, 2023, the new management of the bankrupt FTX crypto exchange sent ‘confidential letters’ to political figures, PACs, and other receivers of contributions made by FTX founder Sam Bankman-Fried. The release also reiterated that John Jay...
Amid its current bankruptcy proceedings, crypto miner Core Scientific has agreed with NYDIG to pay down its $38.6 million debt by giving over about 27,403 computers that were used as security. The motion was filed to Southern District U.S. Bankruptcy Court for Texas on...
In a recent Twitter statement, John Deaton disclosed that SEC Commissioner Hester Peirce revealed that her U.S. SEC counterparts were deceptive about the Howey Test for XRP. Deaton asserted that the Securities and Exchange Commission’s (SEC) assessment of XRP didn’t consider each transaction...
Darknetlive — recognized as one of the top resources for darknet users by the FBI, Europol and the Australian Institute of Criminology — has most likely been served a subpoena. Darknetlive — a website with a presence on both the deep web and...