News with the tag "Scandal"

The co-founder of the Artificial Intelligence (AI) crypto project Zerebro has been accused of faking his death and dumping on investors after recent reports claim the developer pulled the stunt as an “exit liquidity strategy.” Crypto Developer Allegedly Dies On Livestream This week, the crypto commu...

In a shocking turn of events that underscores the risks associated with the intersection of public office and cryptocurrency speculation, a South Korean government official is facing serious charges. Accused of brazenly embezzling disaster relief funds, this official allegedly diverted the money int...

Argentine President Javier Milei-linked LIBRA scandal has taken a sharp turn, with Federal Prosecutor Eduardo Taiano seeking to freeze up to $110 million in assets. Local media outlet Clarín reported that authorities are also attempting to recover deleted social media posts in which Milei promoted t...

In a dramatic turn of events that has sent ripples through both the political and cryptocurrency spheres, the Argentine Senate has officially requested the government to submit a detailed report regarding President’s alleged involvement with the LIBRA memecoin. This move marks a significant escalati...

Memecoins that once captivated crypto traders may be losing steam, with Castle Island Ventures partner Nic Carter declaring that the sector is “unquestionably over” following the $4 billion LIBRA scandal . In a Feb. 19 post on X, Carter didn’t mince words, arguing that the LIBRA debacle, involving A...

A South Korean lawmaker, Kim Nam-kuk, was recently cleared of allegations that he “concealed” cryptocurrency assets. The case centered on whether South Korea’s laws at the time of the alleged concealment required him to declare his holdings. According to latest report from South Korean local news me...

American YouTuber and boxer Logan Paul is facing backlash again after being accused of misleading his fans over crypto investments. New evidence shows that Paul seemingly promoted tokens without acknowledging he had a financial interest in them, gaining over $100,000 in the process. Related Reading:...

Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal. The criminal inquiry, led by prosecutors from the Manhattan US Attorney’s Office, is examining whether Tether’s stablecoin U...

MrBeast faces allegations of profiting $10M through low-cap token schemes. The MrBeast token scandal involves pump-and-dump tactics across various crypto projects.

The Moskowitz Law Firm, the lead plaintiffs’ counsel, said that it had dismissed Sullivan & Cromwell voluntarily and that no settlement was associated with the dismissal.