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FTX secretly used Deltec Bank to create and sell Tether for profit, lawsuit alleges

FTX companies created and profited from Tether through an arrangement with a partner bank, according to a court case described by Bloomberg on Feb. 17. The case quoted Caroline Ellison, former CEO of Alameda Research, as stating: “Alameda could create USDT on credit through the unofficial Deltec Line of Credit and sell that USDT for […] The post FTX secretly used Deltec Bank to create and sell Tether for profit, lawsuit alleges appeared first on CryptoSlate. дальше »

2024-2-18 04:06


Crypto Scam Alert: Phishing Attack Swipes $5.1M Worth of BEAM, Token Price Drops

According to the blockchain analytics platform Lookonchain, a crypto trader suffered a phishing attack that swooped over 180 million BEAM tokens on Wednesday and affected the token’s price. Related Reading: Coinbase Suspends PlayDapp Trading After Hack, PLA Price Reacts 180 Million BEAM Tokens Stolen In an X (former Twitter) post, Lookonchain exposed a new crypto scam that had occurred on February 15. дальше »

2024-2-17 04:00


Former Binance CEO Changpeng Zhao Faces Delay In Criminal Sentencing

The sentencing of Binance founder Changpeng Zhao, also known as “CZ,” on a money laundering rule charge has been delayed until April 30, a notice in Seattle federal court disclosed. This two-month postponement comes after Zhao, a Canadian national and former Binance CEO, pleaded guilty on Nov. 21 to a charge of failure to maintain […] дальше »

2024-2-14 19:00


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Arthur Hayes gives bullish prediction on Bitcoin’s rally to $1 million

The co-founder and former CEO of BitMEX, Arthur Hayes, has said that Bitcoin’s price could rally to $1 million amid a potential crisis in the US banking industry. Hayes shared his bullish prediction through a post on X, where he dismissed the sentiments of the US Federal Reserve Chair, Jerome Powell. The Fed Chair has […] дальше »

2024-2-7 11:37