The popular on-chain sleuth highlighted in his Telegram channel the latest fraudulent activity that involved an early investor in the Solana-based meme coin – ANDY. It’s also worth noting that Pepe’s best friend’s price has plummeted by more than 20% in the past day alone. ZachXBT Investigation of ANDY Drainer As the graph above demonstrates,…
History doesn’t rhyme but tends to repeat itself, which is something that has been happening in the crypto industry in the past few weeks. In this case, bitcoin and the rest of the market dropped hard on Friday evening, similar to the events from the previous one. BTC’s Friday Drop It was last Friday when…
TL;DR Ripple and the SEC have been in a significant dispute involving key witness testimony from Andrea Fox. The entities have also clashed over the sealing of certain financial documents, with the regulator viewing this data as critical to the case. The Clash Over Key Testimony The infamous legal battle between Ripple and the US…
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to commit wire fraud in the Southern District of New York. The scheme primarily targeted Spanish-speaking communities in the U.S., and Tacuri benefited significantly, amassing millions from his fraudulent activities. Scheduled for sentencing on Sept. 24,…
[PRESS RELEASE – Burmuda, Bermuda, June 8th, 2024] HashKey Global will launch the second phase of the Launchpool project, Aethir (ATH), on June 11, 2024. Users can lock ATH or USDT to share a pool of 5,870,000 ATH. The locking period is 3 days, starting on June 11 at 02:00 (UTC), with rewards beginning to…
Burmuda, Bermuda, June 8th, 2024, Chainwire HashKey Global will launch the second phase of the Launchpool project, Aethir (ATH), on June 11, 2024. Users can lock ATH or USDT to share a pool of 5,870,000 ATH. The locking period is 3 days, starting on June 11 at 02:00 (UTC), with rewards beginning to accrue on…
New York Attorney General Letitia James has filed a lawsuit against NovaTechFx, a crypto trading company, and AWS Mining, a digital asset mining company. The lawsuit alleges their involvement in illegal pyramid schemes that defrauded over 11,000 individuals and hundreds of thousands of investors, resulting in losses exceeding a billion dollars in cryptocurrency. $1 Billion…
Global gold reserves rose by 33 tonnes in April, according to the World Gold Council. The Central Bank of Turkey was at the forefront, increasing its holdings by 8 tonnes. This addition marks 11 consecutive months of purchases, bringing the central bank’s year-to-date acquisitions to 38 tonnes and raising its overall official gold reserves to…
Are you wondering which cryptocurrencies will dominate the market in 2024? As the crypto landscape continues to evolve, investors are constantly on the lookout for the next big opportunity. With the new year approaching, Ripple, Toncoin, and BlockDAG are emerging as frontrunners in the altcoin arena. Each of these cryptocurrencies brings something unique to the…
The TON Foundation has announced a partnership with Tether to broaden the access of global crypto communities to USDT on the TON blockchain. The foundation has outlined plans to integrate TON-based USDT into at least a hundred exchanges and payment processors in both established and emerging markets in the coming months. TON Foundation and Tether…