Floyd Mayweather and DJ Khaled had been involved in promoting Centra Tech’s fraudulent initial coin offering. High-profile boxer Floyd Mayweather and music producer DJ Khaled have been dismissed from a lawsuit brought by investors in a fraudulent initial coin offering (ICO,) according to a court document filed on May 13. The celebrities had been involved in […]
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United States-Based investor Michael Terpin won $75.8 million in a civil case against 21-year-old Nicholas Truglia, who allegedly defrauded him of crypto assets. United States blockchain and crypto investor Michael Terpin has won $75.8 million in a civil case against 21-year-old Nicholas Truglia, who reportedly defrauded him of crypto assets. Reuters reported the news on […]
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Despite the recent hack and theft of 7,000 bitcoins from crypto exchange Binance, the coin is making decent gains on the day. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own […]
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Former OneCoin investor Christine Grablis is suing cryptocurrency firm OneCoin Ltd for fraud. Former OneCoin investor Christine Grablis is suing the cryptocurrency investment scheme for fraud, according to a complaint filed on May 7. Grablis is seeking damages and a class action suit to represent other investors purportedly defrauded by OneCoin. The full list of […]
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The U.S. FTC is suing iBackPack for allegedly spending its raised funds on bitcoins and credit card bills, rather than the stated products. The United States Federal Trade Commission (FTC) is suing a startup for spending its raised funds on bitcoins (BTC) and credit card bills, rather than the stated products, the court filing revealed […]
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In a few hours, the price of bitcoin surged past $5,700 with a 5% gain, allowing the crypto market to add $7 billion overnight. Over several hours on May 3, the price of bitcoin spiked from around $5,300 to over $5,700 in major markets, allowing the crypto market to gain more than $7 billion in […]
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Craig Wright has reportedly served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London Bitcoin Cash meetup. Australian computer scientist Craig Wright has served Roger Ver, CEO of Bitcoin.com, with a libel suit at a London bitcoin cash meetup according to a report by Decrypt on May 2. According to the report, […]
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Canadian blockchain consulting firm Vanbex filed a lawsuit against its former contractor for false defamation. Canadian blockchain firm Vanbex has filed a lawsuit against its former contractor for spreading false and defamatory statements about the firm, as Vanbex announced on May 1. On March 14, Canadian police froze personal assets of the firm’s founders Kevin […]
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A closer look at what appears to be one of 2019’s greatest crypto scandals yet. In what seems to be one of the greatest crypto scandals 2019 has seen so far, the United States Attorney General in New York accused Bitfinex of using Tether’s cash reserves to cover a rumored $850 million funding gap with […]
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John McAfee says he is holding back on plans to reveal the real identity of bitcoin’s creator for fear it will expose him to further lawsuits. American entrepreneur and stalwart crypto advocate John McAfee says he is holding back on plans to reveal the real identity of bitcoin (BTC) creator Satoshi Nakamoto, for fear it […]
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