Tag: bitcoin

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Tether requests that Roche Freedman, a boutique cryptocurrency law firm, be dismissed from the class-action lawsuit.

September 2, 2022

Kyle Roach, an attorney and founding partner at boutique cryptocurrency firm Roach Freedman LLP, recently dropped several lawsuits filed by the law firm. The attorney’s recusal seeks videos showing the attorney discussing interactions with crypto companies. Stablecoin issuer Tether is seeking dismissal of a class action lawsuit against litigation firm Roche Friedman after prosecutors filed […]

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Updated list of Mt. Gox creditors; trustee states that the rehabilitation custodian is “now preparing to make repayments.”

Updated list of Mt. Gox creditors; trustee states that the rehabilitation custodian is “now preparing to make repayments.”. On August 31, 2022, Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation trustee is “currently ready to pay” Mt Gox’s creditors. Speculation and rumors about the release of 140,000 Bitcoins (BTC) from […]

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Congress Investigates Crypto Fraud Crackdown, Questioning Coinbase, FTX, Binance, and Kraken

Four Americans have asked for information on what they are doing to combat fraud and cryptocurrency fraud. The Parliamentary Committee sent letters to federal agencies and five cryptographic operations. The Parliament Overview and Reforms committee made four US, sent by letters from federal agencies and five encryption operations. These four agencies are the Treasury Department, […]

Bitcoin of America increases ATMs across the U.S. by more than 30%

Marathon Achieves 254 Megawatts to Support Business’ 2023 Bitcoin Mining Objectives

August 25, 2022

Marathon Achieves 254 Megawatts to Support Business’ 2023 Bitcoin Mining Objectives Bitcoin mining operation Marathon has announced that it has secured 254 megawatts of new hosting contracts, with the possibility of expanding to 324 megawatts (MW). Marathon’s latest development contracts should support the bitcoin mining company’s target of approximately 23.3 exits per second (EH / […]

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ChipMixer was used by Ronin bridge hackers to launder over $73 million in stolen money.

ChipMixer was used by Ronin bridge hackers to launder over $73 million in stolen money. The hacker research chain reveals that ChipMixer’s privacy protocol was used by hackers from Ron’s Bridge (Lazarus Group) to launder 3,460 bitcoins ($73.2 million at the time of publication). A semi-annual report by blockchain security firm Slomyst conducted an online […]

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Michael Moro leaves Genesis Trading amid growing financial struggles

August 17, 2022

Genesis is apparently cutting 20% of its personnel, and CEO Michael Morrow is resigning, a week after reporting a 9% decline in loan agreements through its credit service. Genesis Trading declared today that its executive team will be shifting immediately. From this vantage point, Michael Morea’s interim leadership will fall under the Terrier Operation Administrator’s […]

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Colombia to prevent tax evasion with national digital currency

Colombia’s economy grew faster than anticipated in the second quarter, and a representative from the tax and customs department of the nation hinted at some of the country’s ambitions for digital currencies. According to Luis Carlos Reyes, chairman of Colombia’s National Tax and Customs Commission, Gustavo Pedro’s administration wants to establish a digital currency to […]

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Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France

Israeli police have arrested three suspects who allegedly stole millions of euros from the French treasury through cryptocurrency transactions. The money comes from government grants to businesses affected by the Covid-19 pandemic. Three people were arrested in Israel this week on suspicion of providing money laundering services to criminals defrauding the French government. The English-language […]