Jury Convicts Crypto Ponzi Scheme OneCoin’s Lawyer on Fraud Charges

A senior official in Montenegro plans to extradite Do Kwon to the U.S. to face criminal charges tied to the collapse of his terraUSD (UST) stablecoin and Luna (LUNA) token, The Wall Street Journal reported Thursday.The blowups of UST and LUNA, which Kwon created, fueled a crisis that gripped the whole crypto industry in 2022

Oct 13, 2020 at 21:20 UTCItalian euro cents coins(Samuele Schirò/Pixabay )After the latest addition of 42 banks, about 100 Italian banks are officially operating on the country’s banking blockchain network, Spunta, built on R3’s Corda, the Italian Banking Association (ABI) announced Tuesday. Banks first joined the blockchain project designed to improve interbank data transfer and settlement…

NEWSINBRIEF Few projects have done as much to explore crypto micropayments as the year-old Yalls blog created by Lightning Labs developer Alex Bosworth. From April through early November, Bosworth said, blog participants have processed nearly 20,000 invoices with the Lightning Network, a bitcoin scaling solution that makes micropayments feasible by keeping them off the blockchain,…

news Europol has revealed it’s developing a game aimed to teach law enforcement officers how to tackle crypto crime. Announced at the sixth Cryptocurrency Conference hosted at Europol’s headquarters from June 12–14, the European crime fighting agency said the game will allow officers to get “hands-on training and advice on tracing cryptocurrencies in criminal investigations.” Calling…

news Jerome Powell, chairman of the U.S. Federal Reserve, said Wednesday that social media giant Facebook met with the central bank in the run-up to the reveal of its Libra cryptocurrency. Speaking during a press conference that followed a two-day Fed policy meeting, Powell was asked if he or the Fed had any concerns about…

The history of Satoshi-sleuthing is filled with wrong turns, cul de sacs, and wild goose chases. But HBO's "MONEY ELECTRIC: THE BITCOIN MYSTERY," which aired in the United States Tuesday night, was supposed to be different. It was supposed to provide compelling proof as to who invented Bitcoin, putting the world's greatest mystery to bed

Sep 11, 2020 at 21:52 UTCUpdated Sep 11, 2020 at 21:54 UTCT.I. speaks onstage during a Netflix screening at Clark Atlanta University on Oct. 8, 2019. (Paras Griffin/Getty Images)SEC Charges Rapper TI With Securities Violations for Promoting 2017 ICOThe U.S. Securities and Exchange Commission (SEC) charged two crypto startups and eight individuals including rapper Clifford…

Institutions are heavily allocating their portfolios to ether and bitcoin, while retail users are more bullish on bitcoin, according to a Bybit report.Bybit's report highlights a shift in market sentiment since December, with institutions now favoring ether due to the anticipated Dencun upgrade and reducing their altcoin positions.Despite Solana's strong performance in Q3 2023, Bybit

news Cryptocurrency exchange ShapeShift is shifting around its management team ahead of a major revamp. The startup is looking for a new chief financial officer to succeed Justin Blincoe, who is taking on a new role at the company, chief marketing officer Emily Coleman told CoinDesk. “ShapeShift is constantly evolving as an organization, and we are…