Parallel drama unfolds as FTX exploiter and ex-CEO both make headlines. Just as the courtroom drama unfolds around Sam Bankman-Fried, the former CEO of now-defunct crypto exchange FTX, the individual suspected of exploiting…
Jinwook Shin, CEO of cryptocurrency exchange Bitsonic, has been apprehended by South Korean law enforcement on August 7th. He is currently being investigated for allegedly embezzling investments and deposits from users of the…
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days against crypto brokers and websites it suspects of being fraudulent. The list includes Tahoe Digital…
UK-based crypto market maker Wintermute suffered a loss of approximately $160 million. In a series of tweets, the company’s founder and chief executive, Evgeny Gaevoy, revealed that the decentralized finance operations had been…