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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »

2019-4-27 01:30


QuadrigaCX Imbroglio Takes a Turn After Widow Claims CEO Mixed Personal and Company Funds

The crypto community has been sitting at the edge of their seats watching the complex and nuanced situation surrounding the now defunct QuadrigaCX exchange unfold. Recently, news broke that Big Four Auditing Firm, Ernst & Young (EY), had discovered that the exchange’s cold storage wallets were nearly entirely empty, which came as a surprise to. дальше »

2019-3-15 01:00


Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies

Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. дальше »

2019-2-5 13:25


Is the Missing Crypto From QuadrigaCX’s $150 Million Disaster On the Move? Experts Weigh-in

According to several reports, some funds from the missing $150 million holdings of Canada’s biggest crypto exchange QuadrigaCX could be moving. On Saturday, CCN reported that QuadrigaCX lost more than $190 million in funds stored in both crypto and fiat as the CEO, who had sole control over user funds passed away. дальше »

2019-2-4 20:50