Mark Karpeles Is Likely To End Up Behind Bars
Mark Karpeles, the former chief of Mt. Gox, Japan’s one-time biggest cryptocurrency exchange firm, is standing trial for a number of charges, chiefly misappropriation of funds and the loss of millions...
Category: Controversy
Cryptocurrency Exchange Suffers Cyber Attack
A decentralized exchange owned by Israeli-Swiss company, Bancor, became a victim of waves of coordinated cyber attacks on worldwide exchanges. The attackers were able to prey on the exchange through...
Crypto Scandal: Chinese Billionaire Says Binance Executes Dirty Deals
Exchanges and cryptocurrencies want to avoid scandal so as to keep attracting more and more investors to them. Binance Exchange, the world’s biggest cryptocurrency exchange, is no exception to this...
President Trump May Have Invested In Bitcoin, And That’s Why He Has Not Banned It
In 2017, the Trump administration made several negative remarks against digital currencies suggesting the possibility of banning crypto trading in the near future. As of now, the president is mute regarding...
YouTube Pulled Into BitConnect Scandal
Although its founders formally declared it a closed chapter in January, BitConnect’s saga is far from over. As a matter of fact, it gets messier with each passing day, dragging more people and companies...
Was India’s Bharatiya Janata Party Involved In A Massive Bitcoin Scam?
India’s Bharatiya Janata Party (BJP), the current ruling political party, is receiving accusations of involvement in a Bitcoin scam estimated to be worth $763M. According to reports from India, Congress...
For The Third Time In Three Months, Ripple Rocked In Another Lawsuit
There is a popular American saying that when it rains, it pours. Apparently, the management team at Ripple Labs Inc. wouldn’t need anyone to explain what that means to them. They are currently having...
Renowned Economist Criticizes Bitcoin, Says It Encourages Illicit Activities
Renowned economist and Nobel-prize winner Joseph Stiglitz is lending his voice to a long list of professionals criticizing cryptocurrencies. The professor of Columbia University was speaking on the...
Bithumb Has Revealed Their Stolen Cryptocurrencies And Compensation Plan
South Korean cryptocurrency exchange, Bithumb, made public the 11 cryptocurrencies stolen last month and the value of each. Reported on June 20th, the exchange has been working with authorities to identify...
Facebook Removes Complete Ban On Cryptocurrency Ads
Facebook, which prohibited cryptocurrency ads in January, is lifting its initial ban. The company is not completely reversing...