coinbase
-
13 Brutal Stories From People Swindled By Elon Musk Impersonation Scams
The internet is filled with scam artists who try to swindle unsuspecting people out of their money. But impersonation scams that use Elon Musk and his bevy of tech companies—including Tesla, SpaceX, Neuralink, and X—have exploded in popularity in recent years. And Gizmodo obtained reports about many of these scams filed with the federal government…
-
SBF Won’t Get Second Trial After DOJ Drops Five Charges
Sam Bankman-Fried once faced 13 criminal charges relating to his massive fraud scheme at the crypto exchange FTX. However, he’ll only face consequences for the seven charges he was found guilty of in November. The United States Department of Justice (DOJ) dropped a second trial against Sam Bankman-Fried relating to five additional charges, according to…
-
SEC Reportedly Asked Coinbase to Halt All Trading—Except for Bitcoin
Coinbase’s CEO Brian Armstrong reportedly told the Financial Times that the U.S. Securities & Exchange Commission asked him to halt trading in the exchange with all currencies except bitcoin. According to Armstrong, the suggestion came just before the SEC sued Coinbase last month. The SEC’s lawsuit against Coinbase accuses the company of operating as an…
-
Binance Charged With Running Illegal Crypto Exchange in New SEC Complaint
Binance was hit with a new lawsuit from the U.S Securities and Exchange Commission Monday. The federal regulator unleashed 13 charges against the world’s largest crypto exchange and its founder Changpeng Zhao Monday, alleging violations of U.S. securities law, accusing the company of operating an illegal exchange. “Through thirteen charges, we allege that Zhao and…