Chirag Tomar, an Indian citizen, has been sentenced to 5 years behind bars for orchestrating a multi-million dollar crypto scheme, a U.S. District Court judge ruled Thursday. Tomar and his unnamed co-conspirators developed fake Coinbase website URLs to trick innocent victims into giving away their account information.
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Category: Cryptocurrencies
Montenegro to Finalize Do Kwon’s Extradition Plans by Oct. 20
Terraform co-founder Do Kwon’s extradition decision is nearly finalized, with Montenegro’s Justice Minister expected to sign it by Sunday, Oct. 20.
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US SEC Officially Files Form C Appeal in Ripple Case Last Minute
The US SEC files a last-minute Form C appeal in the ongoing legal battle with Ripple.
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Bitcoin Price Analysis: Bullish Momentum Eyes $69K Amid SEC Hack and Low Exchange Reserves
Bitcoin’s bullish momentum strengthens, eyeing $69K, as dwindling exchange reserves and the recent SEC hack create market buzz.
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SunPump Memecoin Frenzy Boosts Tron’s Quarterly Revenue to Record $151M: Messari
Tron’s memecoin launchpad, SunPump, has driven the blockchain’s quarterly revenue to an all-time high of $151.2 million in the third quarter of 2024.
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Singapore Bank DBS Launches Token Services for Institutional Investors
DBS Bank launched DBS Token Services, integrating tokenization and smart contracts to enhance banking functions and operational efficiency for institutional clients.
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Spot Bitcoin ETFs Attract $2.11B in Inflows Over Past 5 Days as Interest Remains Strong
Spot Bitcoin ETFs have attracted $2.11 billion in net inflows over the past five trading days, suggesting the continued strong interest in the asset class.
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DeFi Exchange Defeats DNS Attack: Ambient Finance Recovers Domain
Ambient Finance successfully recovered its domain after a DNS attack on October 17, 2024, which compromised its website and redirected users to malicious links, but assured users that their smart contracts and funds remained secure throughout the incident.
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Web3 Market Maker DWF Labs Launches Options Trading for Digital Assets
Web3 market maker DWF Labs has announced the expansion of its trading platform to include options trading for Web3 assets.
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SEC’s Ripple Appeal Targets Sales, Not XRP Non-Security Status
The SEC has filed an appeal in its ongoing legal battle against Ripple Labs, focusing on the company’s sales practices and executive involvement, while leaving XRP’s non-security status intact from the previous court ruling.
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