As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to a July 6 report from the Economic Times. Among those summoned were executives from CoinDCX, CoinSwitch and more. The ED...
The founder of OneCoin, Ruja Ignatova, is now on the FBI’s Ten Most Wanted list after she allegedly defrauded over $4 billion from investors, CoinDesk reported Thursday (June 30). Ignatova had been the leader and public face of OneCoin, which began in Bulgaria in 2014....
Decentralized finance (DeFi) entered the public consciousness in 2021 by offering both small and large crypto owners sky-high interest rates for what was often described in the very secure language of bank savings accounts. Now, investors are crashing into mountains of reality. With a not-very-stable...
Peter Kerstens, a European Union policy advisor, has said the crypto market troubles could be seen as dissuading, or evidence of a giant Ponzi scheme, CoinDesk reported Thursday (June 23). However, speaking at Brussels Blockchain Week, Kerstens said he sees it differently, feeling “very, very...
August 09, 2022
CoinFLEX has announced its plans for restructuring in the wake of legal troubles, halted withdrawals and money losses, a company blog post said. The company had to address a problem after an individual breached contract with the company. That case involved the company initiating a lawsuit to recover $84 million in losses from just one […]
July 10, 2022
As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to a July 6 report from...
June 30, 2022
The founder of OneCoin, Ruja Ignatova, is now on the FBI’s Ten Most Wanted list after she allegedly defrauded over $4 billion from investors, CoinDesk reported Thursday (June 30). Ignatova...
June 23, 2022
Peter Kerstens, a European Union policy advisor, has said the crypto market troubles could be seen as dissuading, or evidence of a giant Ponzi scheme, CoinDesk reported Thursday (June 23)....
