Generative Data Intelligence

Tag: unlicensed

Block Earner CEO calls for licensing clarity after being sued for crypto products

The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was...

Privacy-Protecting Regulatory Solutions Using Zero-Knowledge Proofs: Full Paper

November 16, 2022 Joseph Burleson, Michele Korver and Dan Boneh Editor’s note: Below is the full text of the paper “Privacy-Protecting Regulatory...

Coinbase Facing Lawsuit Over Unlicensed Crypto Asset Sales

U.S. crypto exchange giant Coinbase has found itself in another legal battle, this time over the sales of cryptocurrencies that may be deemed as securities.

Sanctions, censorship, and ESG: Is Bitcoin still fungible?

With governments in Russia and Canada sanctioning specific crypto addresses, concerns arise over the slow erosion of Bitcoin's fungibility.

The post Sanctions, censorship, and ESG: Is Bitcoin still fungible? appeared first on Protos.

Licensed Formula 1 NFT Game Will Be Shutting Down: Report

The licensed Formula 1 NFT game will be shutting down and Animoca Brands will give the holders replacement NFTs as well as other perks after the F1 license expires as we can see more today in our latest cryptocurrency news. The Licensed Formula 1 NFT game Delta Time, will shut down this week. Animoca Brands […]

UK financial watchdog probes 300 crypto startups in 6 months

The UK's top financial watchdog says it opened 300 probes into unauthorized crypto operators between April and September last year.

The post UK financial watchdog probes 300 crypto startups in 6 months appeared first on Protos.

February crypto VC roundup: Infrastructure startups attracted record funding

Quick Takes

  • February saw the second-highest monthly investment in the crypto sector to date.
  • Several new VC funds were also launched, including from Alexis Ohanian’s Seven Seven Six and Nic Carter’s Castle Island Ventures.

The SEC Is Unable To Locate Founder Of BitConnect – Satish Kumbhani

The SEC is unable to locate the founder of the BitConnect platform Satish Kumbhani who is being sued for raising funds and scamming investors out of $2 billion so let’s read furhter in today’s latest crypto news. The Bitconnect founder is being sued for defrauding investors out of $2 billion and launching a Ponzi Scheme […]

Once A Promised Land For Bitcoin Miners, Kazakhstan Is Shifting The Regulatory Crosswinds

Following a ban on Bitcoin mining in China, many operations fled to neighboring Kazakhstan. Now, changing regulations raise questions about their future.

BitConnect Founder Charged with Orchestrating Global Crypto Ponzi Scheme Worth $2.4B


A U.S. grand jury indicted Satish Kumbhani, the founder of BitConnect, orchestrating a fraud scheme that siphoned approximately $2.4 billion from investors. (Read More)

US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect

The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years The U.S. Department of Justice […]

Founder of BitConnect indicted for several offences

BitConnect is yet to shed off its bad history despite closing in 2018. The US Department of Justice has indicted one of the founders of [...]

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