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FTX Co-Founders Nishad Singh And Gary Wang To Face Sentencing: Dates Announced

The stunning fall of Sam Bankman-Fried’s (SBF) once-mighty FTX exchange, in November 2022, is still causing havoc in the crypto space. Nearly two years later, the legal reckoning is still ongoing as former FTX executives Nishad Singh and Gary Wang are ready to face punishment for their part in the multi-billion dollar scam. Related Reading: […] дальше »

2024-7-11 23:30


SEC Readies Whip: More Crypto Exchanges On The Radar, Official Warns

In a stern message to the crypto industry, David Hirsch, the United States SEC crypto enforcement chief, has issued a warning that more punishment and charges are imminent.  Hirsch’s declaration comes as the Securities and Exchange Commission grapples with a slew of pressing issues, but he made it abundantly clear that the regulatory body has […] дальше »

2023-9-21 19:00


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Bitcoin (BTC) miners in China are about to face hasher crackdowns

China is making its sanctions on Bitcoin miners even tougher after its Inner Mongolia regional government set out more stringent punishment for violators. On Tuesday, the Inner Mongolia, National Development and Reformation Commission (NDRC) issued a proposal, outlining 8 areas that are perceived as illegal for crypto mining activities. дальше »

2021-5-26 11:15


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Prosecutors seek harsh punishment for a scammer behind a celeb-endorsed ICO

US federal prosecutors are requesting US District Judge Lorna Schofield to sentence a fraudster behind a celebrity-endorsed ICO to a long term in prison. A report unveiled this news on November 4, noting that the prosecutors filed a sentencing submission on October 31, demanding a harsh sentence against Robert Joseph Farkas, the co-founder of Centra Tech. дальше »

2020-11-4 15:27


China Blacklists Crypto OTC Trading Desks With A Five-Year Banking Ban As Punishment For Illegal Acts

Bitcoin over-the-counter (OTC) traders could be facing up to a five-year ban on their banking accounts in China, local reports state. The central bank, People’s Bank of China (PBoC), is heavily cracking down on money laundering activities and is blacklisting several OTC trading desks dealing in cryptocurrencies. дальше »

2020-9-24 22:55


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China is forcing blockchain devs to dox users, censor content

The Chinese government is forcing blockchain companies to censor content, store users’ identity data and share it with authorities in a bid to support “orderly development. ” As part of a new registration system, the Cyberspace Administration of China (CAC) will require users of blockchain platforms to submit their real names, national IDs, and even telephone numbers, Reuters reports. дальше »

2019-1-10 18:02