Informed Crypto News

The Omegapro crypto pyramid scheme stole $4 billion from millions of investors. Now, the footballers that promoted it face lawsuits.

WBTC announced it will transition the custody of bitcoin for the token from BitGo to a joint venture between BitGo, BiT Global, and Sun.

The French city of Nancy welcomed 22 defendants accused of running the ‘Red Card’ scam which stole $30M from 1,200 victims.

MicroStrategy’s Michael Saylor decided to call one of the oldest communities in Bitcoin a bunch of “paranoid crypto-anarchists.”

A quick search on Google for Soneium reveals a deceptive top result that, if engaged with, will instantly drain your wallet.

Uniswap Labs has relegated the governance rights of UNI token holders in a controversial suite of decisions that favor Optimism.

Five days after the disappointing launch of Donald Trump’s World Liberty Financial, he was filmed serving food at a Pennsylvania McDonalds.

Bellingcat and Josimar have revealed betting giant 1xBet has been manipulating its amateur games and allowing bets on children’s matches.

Northern Data has announced that it may sell off its bitcoin mining business and reinvest the proceeds in its AI-focused business lines.

Protos found Do Kwon has now filed six appeals and that his extradition has been paused three times, marking 23 developments in his case.

Although some people think bitcoin is digital gold, a common measure of its technical correlation is nearing zero.

Montenegro’s Constitutional Court has suspended the Supreme Court ruling that left the Justice Minister to decide on Do Kwon’s extradition.

The hacked EigenLayer X account likely caused the loss of $800,000 from one victim, according to security analysts.

Sam Altman’s iris-scanning crypto nonsense Worldcoin has rebranded despite still missing its sign-up target by hundreds of millions of users.

Montenegro’s Justice Minister has decided on Do Kwon’s extradition destination and it will reportedly be signed off by the end of the week.

Fredi9999 has transacted over $73M worth of mostly pro-Donald Trump bets and currently has $12M on the line for the election on November 5.

Nishad Singh’s team has submitted his sentencing submission, arguing that he should avoid prison due to his extensive cooperation.

Almost 150 memecoins themed on the death of One Direction singer Liam Payne have been created since he fell from a balcony in Argentina.

Funds stolen in the Radiant hack — $19M worth of BNB and $32M of ETH — are being held in attacker addresses on BNB Chain and Arbitrum.

Canadian victims of bitcoin sextortion scams say fraudsters claim to have been waiting outside their homes, adding a layer of fear.

Coffeezilla began receiving the messages after he asked Tate about crypto projects he promoted, including $VENOM, $DADDY, and $ROOST.

Donald Trump has endorsed World Liberty Financial but disclaimers on the website and in the ‘Gold Paper’ distance him from the project.

World Liberty Financial set lofty goals for the ICO of its Donald Trump-endorsed token, WLFI. It isn’t even 10% of the way there.

With Italy likely raising rates by 50%, it may be helpful to see which countries offer the best and worst tax rates on cryptocurrencies.

Do Kwon has allegedly been able to make crypto payments from prison after authorities took 72 days to seize his crypto wallet login details.

Crypto traders convinced themselves that an AI agent turned $50,000 of Marc Andreessen’s bitcoin into millions through the memecoin GOAT.

For some reason, Kamala Harris made protecting the crypto investments of black men one of her presidential campaign promises.

World Liberty Financial, the cryptocurrency project endorsed by Donald Trump, appears to have launched, though the website was taken offline.

A letter to the UK’s FCA claims that because TikTok is not registered with the regulator, it is at risk of being used for illicit activities.

The scam saw fraudsters in Hong Kong use AI tech to swap their faces with those of beautiful women to get victims to invest in crypto.

It was reported that Fink made the comment during a BlackRock earnings call but he was actually referring to unnamed mortgage products.

Google has also removed price charts for various cryptos, with bitcoin, ether, XRP, and SOL no longer having their own market summaries.

James Howells threatened to bankrupt Newport council with legal action and on Saturday he submitted a lawsuit seeking almost £500 million.

Alice Guo faces up to 1,218 years in prison for her alleged involvement in illegal gambling, human trafficking, and crypto scams.

Craig Wright looks to have filed a suit against Bitcoin Core and Jack Dorsey’s Square without representation from a solicitor or barrister.

Sixty-four-year-old crypto CEO Horst Jicha, who allegedly stole crypto worth $170M, has tampered with his ankle monitor and gone on the run.

Binance’s former head of financial compliance has an outstanding appeal against his first bail denial, rendering a new request moot.

Capital inflows since the US listing of spot ether ETFs are actually negative and billions short of their bitcoin counterparts.

Liberland announced Sun’s new status on Tuesday after an ‘entirely algorithmic blockchain-based election system’ was used to elect him.

Approximately 13% of Bitcoin Core nodes have not updated their software to protect against a critical bug that was patched back in May 2023.

An admin linked to one of the ‘largest’ dark web markets seen by Dutch police appeared in court this week after $8.7M in crypto was seized.

Stephen Mollah from Pimlico is accused of pretending to be Satoshi in order to scam an investor — his not guilty plea suggests otherwise.

At least 14 people are under civil or criminal enforcement for alleged fraud and market manipulation schemes involving 60 crypto assets.

ZachXBT shared the details of 11 wallets he believes belong to memecoin shill Murad Mahmudov and noted they hold roughly $24 million.

The United States government is preparing to notify potential victims of the Bitfinex hack who may advance claims.

Judge Emeka Nwite attended a seminar at the National Judicial Institute instead of Binance exec Gambaryan’s bail hearing in Abuja.

The Mango Market DAO failed to pass a proposal to pay off the $700K settlement after a voter withdrew their vote hours before the deadline.

Justin Sun had previously claimed $21.5M worth of airdropped EIGEN, sending it to HTX shortly after the token unlocked for trading.

Russia sentenced the former investigator after authorities discovered his bitcoin bribe in a file labeled “Pension.”

On Monday, net inflows into ether via nine spot ETFs listed on US exchanges posted a disappointing $0 for an entire day.