Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

Post Views: 119 The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters. A lawyer representing victims of the Onecoin bitcoin…

South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery

Post Views: 124 Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he was still employed by Cape Cookies. As per court documents filed in May 2022, the former developer is now…

NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable

Post Views: 109 New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached record lows” last month. New York Attorney General Letitia James issued a warning about investing in cryptocurrencies Thursday. The official Twitter account…

Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges

Post Views: 110 Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The document describes that the use of unauthorized platforms might constitute a suspicious activity, which could ostensibly lead to penalties of $15,000 for…

Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate

Post Views: 158 Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year. However, he explained why he expects the price of the cryptocurrency to soar past his estimate. Yeah, by the end of this year or early next year. …

Central Bank of Armenia Urged to Regulate Cryptocurrencies

Post Views: 104 Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes. Without regulating this area, we allow…

Warner Bros. and Nifty’s to Launch Looney Tunes Story Bolstered by NFTs

Post Views: 83 On Thursday, Warner Bros. announced it was collaborating with the non-fungible token (NFT) focused social media platform Nifty’s and at the end of June, the two firms will launch a story-driven NFT collection called “Looney Tunes: What’s Up Block?” The upcoming NFTs will tell a unique Looney Tunes storyline and will also…