Eleven people were charged in a crypto pyramid scheme that authorities said drew more than $300 million from investors.
For Crypto Customers, a Long Battle Ahead in Bankruptcy
Customers who have money with bankrupt crypto firms Voyager Digital and Celsius Network are expected to face a protracted, uphill battle in court to recover the money they invested.
Axie Infinity Head Defends $3 Million Crypto Transfer During $600 Million Heist
CEO Trung Nguyen claimed his transfer or AXS to Binance was to ‘provide liquidity’ in response to accusations of insider trading.
SEC charges 11 people in $300M crypto pyramid scheme
The Securities and Exchanges Commission charged 11 people for their roles in a cryptocurrency pyramid and Ponzi scheme which raised over $300 million.
SEC charges 11 people in alleged $300 million crypto Ponzi scheme
On Monday, the Securities and Exchange Commission said it charged 11 people for their roles in creating and promoting a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million ...
Teenage Crypto Kingpin – Who is Ellis Pinsky and How Did He Pull Off a $24 Million Crypto Heist?
Teenage crypto kingpin Ellis Pinsky, who was 15 at the time, masterminded a hack worth $23.8 million. In the few years since then, he has conducted very few interviews on the subject and remains a ...
Japan: finally due a boost?
External challenges could abate for an unloved economy ...
Japan council backs 2nd straight record minimum-wage hike
A government panel on Monday agreed on a record hike of 31 yen in the average minimum wage for fiscal 2022 to 961 yen ($7.28) an hour, ending prolonged consultations as Japan battles accelerating ...
Tokyo Stocks Close Higher With Eyes On Earnings
Tokyo stocks closed higher on Monday, extending rallies on Wall Street as traders eyed corporate earnings reports. ( read original story ...)
Sushi shortage: Japan is facing a crisis as restaurants grapple with supply issues and rising costs
Supplies are drying up, making it harder to find salmon and ikura in Japanese restaurants. ( read original story ...)
The IRS Is Working On A New Tax Form To Capture Your Crypto Activity
The IRS is reportedly working on introducing a brand new tax form called Form 1099-DA for exchanges to capture individual annual cryptocurrency activity subject to taxation.
Tax-free crypto payments? Sinema and Toomey propose Senate bill covering transactions under $50.
The total market cap for all crypto nearly hit $3 trillion during parts of 2021, but dipped below $1 trillion in July.
Cleaning up crypto: How much enforcement is too much?
The recent implosion of bad debts and contagion across the crypto sector may well result in the imposition of industry-destroying laws. Will this force innovative crypto companies including Ripple out ...
New Yorkers ‘deceived or affected’ by crypto crash urged to contact AG’s office
New Yorkers who were “deceived or affected” by the recent crash in cryptocurrency are being urged by New York Attorney General Letitia James to contact her office.
The Gap Between The Crypto Industry And Regulators Has Never Been Wider
The stakes are high–if a cryptocurrency is deemed a security in a U.S. court, it basically dies in the American crypto ecosystem. That’s because it can’t currently be traded on any cryptocurrency ...
Japan’s central bank shelves plans for CBDC due to a lack of public interest
Despite testing the issuance of a CBDC since 2021, Japan’s central bank has decided to put its plans on hold due to the poor public interest.