private currencies
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Mt. Gox Victims Report ‘Double Repayments’ From 2014 Bitcoin Hack
Well, that’s one way to see your investment pay off. In 2014, the largest cryptocurrency exchange in the world, Mt. Gox, suffered a notorious hack that stole 850,000 Bitcoins from the platform. Victims are finally starting to get their money back on Tuesday, nearly 10 years later. However, some are reporting Mt. Gox accidentally sent…
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Binance Says U.S. Law Doesn’t Control The World, Seeks to Dismiss CFTC Suit
Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals and corporations operating outside the US. “U.S. law governs domestically but does not control the world. Congress did…
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Tornado Cash Crypto Mixer Devs Charged With Money Laundering
Two of the original developers of the crypto mixer Tornado Cash are caught up in a whole new shitstorm of a federal indictment. On Wednesday, the U.S. alleged that two of the original devs, Roman Storm and Roman Semenov, helped crypto criminals launder millions of crypto at a time helping to emphasize the “anonymous” nature…
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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…