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Tag: recklessly

Do Kwon And Terraform Labs Found Liable For $40 Billion Fraud – The Defiant

The jury voted unanimously against Kwon. The United States Southern District of New York jury found Terraform Labs and its co-founder Do Kwon misled...

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Court Orders Release of MFF Founder’s Assets

The New Jersey court, tonight (Tuesday), partially granted My Forex Fund's request in the lawsuit filed by the CFTC against the company. The court...

Court Orders Release of MFF Founder’s Assets

The New Jersey court, tonight (Tuesday), partially granted My Forex Fund's request in the lawsuit filed by the CFTC against the company. The court...

Breaking: My Forex Funds Questions CFTC’s Jurisdictions on Its Business

The legal representatives of My Forex Funds and its CEO, Murtaza Kazmi, have responded to all the allegations brought by the Commodity Futures Trading...

Sam Bankman-Fried Concludes Testimony

Sam Bankman-Fried (SBF), the Founder of FTX, is racing against time to convince a Manhattan jury of his innocence in a high-stakes fraud trial. Facing seven...

My Forex Funds Era: “Simulated” and “Virtual” Are The New Safe Words for Prop Trading

The prop trading industry has become very cautious after My Forex Funds was slapped with fraud charges in the United States. Behind the scenes,...

Lazarus luring employees with trojanized coding challenges: The case of a Spanish aerospace company

ESET researchers have uncovered a Lazarus attack against an aerospace company in Spain, where the group deployed several tools, most notably a publicly undocumented...

Exclusive: My Forex Funds Claims CFTC “Mischaracterized” Its Tax Payments to Freeze Assets

As My Forex Funds's regulatory quagmire continues, new details of its legal line of defence emerge. The lawyers representing the now suspended company claim...

John Deaton Says Jim Cramer Should Be ‘Ashamed’ for Misleading the Public on XRP

On 31 August 2023, John Deaton, a prominent, highly-respected attorney closely monitoring the U.S. SEC’s lawsuit against FinTech firm Ripple, attacked former hedge fund...

Man Faces Life Sentence After China Accuses Him of Running Secret Crypto Mining Activities, Bribery: Report – The Daily Hodl

A Chinese man will reportedly spend the rest of his life in prison after being caught hiding illicit crypto mining activities and accepting bribes. According...

XRP erases gains from Ripple’s partial victory as Bitcoin falls 10% in a week

Bitcoin hovered around US$26,500 in Friday afternoon trade in Asia after hitting a two-month low of US$25,400 in the morning. The depreciation of the...

SEC granted permission to file interlocutory appeal in Ripple case

Judge Analisa Torres has granted the U.S. Securities and Exchange Commission (SEC) the request to file an interlocutory appeal in its lawsuit against Ripple...

Over $1 billion in crypto market liquidations as Bitcoin hits 2-month low

After bottoming out at a two-month low of around US$25,400, Bitcoin recovered some losses on Thursday morning in Asia to trade around US$26,800. Ether...

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