A result of the reported hack against Iranian Crypto exchange Nobitex has been to place a curfew on on the transfer of funds. The hack burned token and took them out of circulation, reportedly affecting crypto, including Bitcoin, Ether, Dogecoin,…
A nice little earner, Rodney. As the Lazarus group reportedly cashed in $300m of the $1.5bn in crypto stolen from ByBits last month.Crypto theft has been a sweet spot for North Korean Hackers who use the funds to provide liquidity…
The Crypto cases keep on rolling as the SEC has announced that it is suing the cryptocurrency company NovaTech. Saying it raised over $650 million from more than 200,000. In what appears to be a ponzi scheme, using new investors…
Is the SEC starting to rack up legal wins that demonstrates its authority to regulate crypto currency. “The SEC just keeps winning,†said John Reed Stark, a former agency attorney and prominent crypto critic. “The law is catching up.†With…
This will be one to watch for the Crypto community as the SEC has issued a Wells Notice against Uniswap, one of the largest decentralized exchanges operating on Ethereum. The Wells notice focuses on Uniswap acting as an unregistered securities…
The SEC has consistently followed the Howley test for Crypto oversight and regulatory enforcement. Feels like the SEC had the high ground for Crypto enforcement. @Thaddeus Dziekanowski #crypto #cryptocurrency View Original Post
Not afraid to go for the big bucks, starting high and work your way down seems to be a strategy. As the SEC is looking at fines and penalties totaling $2billion against Ripple labs, over sales of cryptocurrency XRP. This…
Ahhhh………to be, or not to be, a security. That is the quickly diminishing question. @Thaddeus Dziekanowski #crypto #cryptocurrency View Original Post
Crypto is having a difficult time. Kraken and Binance faced a tough day yesterday. The SEC is moving forward and suing Kraken with Securities violations (enclosed article). In parallel Binance was charged with violating the bank secrecy act, not registering…
And as if by magic. Why do we need crypto regulation and tight controls over the design and development of crypto Fin Tec and exchanges? As the Poly Network is compromised, in this case allowing the hacker to ‘craft bitcoin…
