2023-11-21 17:16 |
Stablecoin issuer Tether has frozen $225 million worth of its stablecoin following an investigation by the U.S. Department of Justice (DOJ) into an international human trafficking syndicate in Southeast Asia. origin »
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The stablecoin issuer reported the illicit funds had been used by a Southeast Asia-based crime syndicate responsible for a “pig butchering” romance scam.
2023-11-20 18:02 | |
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In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT).
2023-10-27 01:00 | |
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Investigating crypto scams around Tether’s stablecoin, journalist Zeke Faux uncovers a large human trafficking ring in Cambodia. Crypto scams and exchange hacks are becoming almost a regular occurrence in the digital assets space.
2023-9-15 23:16 | |
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On March 31, Binance. US, a US-based subsidiary, announced that it had temporarily suspended trading for stablecoin pairs involving Binance USD (BUSD) through One Common Billing System (OCBS). The suspension was due to an ongoing investigation by the Commodity Futures Commission (CFTC) into potential violations committed by the exchange.
2023-4-1 21:18 | |
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Binance Coin (BNB), created and issued by the exchange Binance has suffered a massive drop in its price action. The crash follows an investigation from the U. S. Securities and Exchange Commission (SEC) against crypto firm Paxos, which supports Binance stablecoin’s BUSD.
2023-2-14 21:02 | |
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The U.S. Securities and Exchange Commission (SEC) intends to sue stablecoin issuer Paxos, which is behind the Pax Dollar and Binance USD tokens, over the latter. The news comes days after CoinDesk reported Paxos was under investigation by the New York Department of Financial Services.
2023-2-13 03:23 | |
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The New York Department of Financial Services is investigating crypto company Paxos, though the scope of the investigation is not yet clear.
2023-2-10 23:53 | |
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Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million.
2022-11-24 13:47 | |
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A criminal investigation into whether Tether’s executives committed bank fraud in the early days of the stablecoin issuer’s existence has been reassigned after months of stagnation, according to Bloomberg.
2022-11-1 19:16 | |
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Polkadot ecosystem’s stablecoin Acala ($aUSD) suffered an exploit over the weekend that led to a malicious actor minting $1. 2 billion out of thin air. The post Acala governance proposal submitted to burn $1.
2022-8-15 16:00 | |
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The U.S. Securities and Exchange Commission has reportedly expanded its Terraform Labs investigation beyond the Mirror Protocol probe and into the company’s marketing practices concerning its now crumpled UST stablecoin....
2022-6-10 15:09 | |
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Per a report from a local news media, South Korean authorities have launched a full investigation against the developers of Terra (LUNA). Once one of the most popular cryptocurrencies in this sector, LUNA and its native stablecoin UST lost over 90% of their value and left investors with massive losses.
2022-5-31 21:00 | |
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Circle Internet Financial, operator of second-largest stablecoin USDC, revealed it received a subpoena from the SEC in July
2021-10-5 14:14 | |
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Circle is under investigation by the SEC, as the firm reveals it was issued a subpoena by the regulatory body in July 2021. The post SEC Subpoenas USDC Stablecoin Issuer Circle appeared first on BeInCrypto.
2021-10-5 08:40 | |
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Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.
2021-8-1 21:15 | |
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Per a Bloomberg report, executives from Tether Limited, the company behind stablecoin USDT, could face a criminal probe for alleged bank fraud. The investigation is currently ongoing with the U. S.
2021-7-26 18:29 | |
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Another week, another flash loan attack on a yield-generating blockchain protocol. Origin Protocol Compromised In an announcement made earlier today, the Co-Founder of Origin Protocol, Matthew Liu told the Origin community that Origin Dollar (OUSD) – the yield-generating stablecoin on the protocol – had been hacked.
2020-11-18 16:00 | |
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UNUS SED LEO token is currently adding to the pile of misery faced by iFinex. iFinex, the parent company behind stablecoin Tether and Bitfinex, has been the topic of discussion for all the wrong reasons in 2019.
2019-10-23 16:00 | |
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Stablecoin issuer Tether has responded to the New York Supreme Court's ruling regarding the New York attorney general's investigation into Bitfinex and Tether's alleged cover-up of an $850 million loss.
2019-8-22 23:43 | |
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A court in New York has denied Bitfinex and Tether’s parent company iFinex’s latest motion to avoid the legal clap back from its $850 million cover-up. iFinex claimed that the New York State Attorney General (NYAG) lacked the relevant jurisdiction to investigate the cryptocurrency exchange and stablecoin issuer as it claims it doesn’t serve customers in the state.
2019-8-20 12:42 | |
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As you may know, the New York Attorney General’s office (NYAG) is during a case against Bitfinex and Tether. The companies, which are a crypto exchange and a stablecoin provider, were accused of sharing money in an illegal way.
2019-8-3 19:23 | |
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Bitfinex and its associated stablecoin Tether, as a part of the ongoing investigation into its finances, has revealed in… The post Confirmed: Tether Used Its Reserves To Pump Bitcoin Market appeared first on Invest In Blockchain.
2019-5-22 08:02 | |
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By CCN: The New York Supreme Court has ruled that the scope of the Attorney General’s investigation into Bitfinex and Tether Limited is too broad and needs a time limit. Bitfinex: Supreme Court Ruling a “Victory” The embattled exchange called the ruling a “victory” and insinuates that the case will end up going nowhere.
2019-5-18 02:20 | |
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In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants.
2019-5-18 22:14 | |
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A New York Supreme Court judge ordered stablecoin issuer Tether to refrain from loaning any funds to Bitfinex or other parties during an ongoing investigation by the NY Attorney General.
2019-5-17 02:33 | |
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Last week, the New York Attorney General (NYAG) launched an investigation into Tether, arguably the most controversial stablecoin in the crypto space, over an alleged $850 million fraud. Tether’s legal counsel have since admitted that the stablecoin is now only 74% backed by it’s asset reserves.
2019-5-17 19:20 | |
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Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.
2019-5-7 01:42 | |
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It has been one of the dominating revelations in recent times for the crypto industry. The $850 million Bitfinex-Tether scandal has grabbed all the headlines in the past month. Since the New York Attorney General announced an investigation into the two firms, the industry has waited with bated breath to see where this latest scandal […] The post The Bitfinex Scandal Continues: Is Binance Tanking Tether to Launch Its Own Stablecoin? appeared first on NullTX.
2019-5-7 00:41 | |
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Tether has seel a falling out t with most of the crypto community in the last few weeks due to many controversial revelations that have come to light following an investigation from the New York attorney general's office.
2019-5-3 18:10 | |
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Tether, the leading stablecoin, recently unpegged from the US Dollar after news that the New York State Attorney General is investigating iFinex Inc. , which operates Bitfinex and owns Tether Ltd.
2019-4-29 22:06 | |
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Tether [USDT], the eight-largest cryptocurrency by market cap, has been one of the most controversial coins in the market. The the coin’s journey has tumultuous from being a stablecoin pegged against the US Dollar to not being one.
2019-4-29 18:00 | |
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Earlier this week, the crypto community was in for a shock that shook the crypto market when the New York Attorney General's (NYAG) office pursued an investigation into controversial stablecoin Tether and cryptocurrency exchange Bitfinex that allegedly tried to cover up the $850 million loss.
2019-4-29 02:26 | |
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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.
2019-4-27 01:30 | |
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Following a probe which revealed the apparent loss of $850 million in funds, the attorney general of the State of New York obtained a court order against iFinex Inc. , which operates Bitfinex and owns Tether Ltd.
2019-4-27 23:39 | |
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This week, US-Dollar pegged stablecoin Tether once again captured cryptocurrency community attention for the wrong reasons with poorly-implemented Tether exchange integration resulting in the successful execution of a double spend.
2018-7-1 14:00 | |
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Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap.
Law, markets, architecture and social norms are forces that constrain individuals’ behavior. Can governments take advantage of these to regulate Bitcoin?
Continuously expanding surveillance on financial transactions has no place in Bitcoin.
A Spanish Court has issued an order compelling a division within the country’s police to investigate the possible existence of “computer fraud” on the Bittrex cryptocurrency platform.
New muscle from law enforcement investigating crypto suggests that government innovation may be slow but the government gets what it wants.
Centre Consortium has blacklisted an ethereum address holding $100,000 in USDC, a move that the entity says was “in response to a request from law enforcement. ” A joint venture between Circle and Coinbase, Centre is the issuer of the dollar-pegged USDC stablecoin, which runs on the Ethereum blockchain.