Influencer-Led $232M Crypto Scam Exposed in South Korea
South Korean authorities recently dismantled a large-scale cryptocurrency scam, allegedly orchestrated by a popular YouTuber referred to as Mr. A, which misled over 15,000 investors and amassed nearly 325.6 billion Korean won (approximately $232.7 million USD).
Phishing Attack: $6 Million Worth of GigaChad (GIGA) Tokens Gone!
On 12th November, a crypto investor fell victim to a sophisticated phishing attack, losing $6 million worth of GigaChad (GIGA) tokens.
Global Shift in Cryptocurrency Taxation: Italy and Denmark Chart New Paths
Italy and Denmark are rethinking how to tax digital assets. Italy’s government, initially proposing a substantial capital gains tax increase on crypto to 42%, has decided to lower this figure to 28%. Meanwhile, Denmark is advancing a different strategy by recommending a mark-to-market taxation model, which would impose taxes on crypto based on annual value changes rather than sale or exchange events.
Former Alameda Executives Hand Over Assets in FTX Creditor Recovery Effort
Amid ongoing efforts to recover assets for creditors of the defunct crypto exchange FTX, Sam Trabucco, former co-CEO of Alameda Research, has agreed to forfeit high-value assets, including two San Francisco properties and a yacht. According to a court filing dated 3 November, the combined value of these assets reaches approximately $11.2 million — with the properties estimated at $8.7 million and the 53-foot yacht at $2.5 million.
Binance Ordered to Unmask Account Holder in €186,000 Crypto ‘Pig Butchering’ Scam
In a significant ruling, a court in The Hague has ordered the cryptocurrency exchange Binance to disclose personal information of an account holder implicated in a major dating app scam. This directive follows a case involving a Dutch woman who fell victim to a “pig butchering” scam, leading to a loss of nearly €186,000 (approximately $200,000 USD) in what she believed to be a legitimate cryptocurrency investment.
Binance & CZ Challenge SEC’s Classification of Crypto Assets as Securities
In a November 4 filing, legal representatives for Binance and its CEO Changpeng Zhao (CZ) contested the Securities and Exchange Commission’s (SEC) amended complaint, asserting that the SEC merely pays “lip service” to a court ruling that excludes crypto assets from the definition of securities. The lawyers argue that despite this ruling, the SEC has continued to disregard its implications on digital asset trading
What Happened to NFTs?
The NFT market, once booming with speculative investment, has dramatically declined due to economic pressures, systemic failures, and fraud, but shows signs of evolving into a smaller, more stable niche supported by dedicated investors and emerging meme tokens.
OpenSea's Come back: Can a Revamped Platform Revitalise the NFT Giant?
OpenSea, once the dominant NFT marketplace, is launching a reimagined platform in December, aiming to reclaim its position in a market experiencing a steep drop in trading volumes.
TIANDA
TIANDA is a securities company. The services include sales & trading, asset management, investing corporate, and finance. The minimum deposit is 0. TIANDA is still risky due to its exceeded status and unspecific fee information.
Gotbit Founder Indicted in Crypto Market Manipulation Crackdown
The U.S. Department of Justice announced that Aleksei Andriunin, the 26-year-old founder of cryptocurrency market-making firm Gotbit, has been indicted on charges of wire fraud and conspiracy to commit market manipulation.
Can Blockchain Technology Protect Your Money from Risk?
This article explores how blockchain technology can help secure assets and enhance transparency and the limitations investors should consider.
Brisbane Trade
Brisbane Trade is a broker. The tradable instruments with a maximum leverage of 1:100, include forex, commodities, shares, cryptocurrencies, and indices. The minimum spread is from 0 pips and the minimum deposit is $200. Brisbane Trade is still risky due to its unregulated status, high leverage, and closed office website.
MyTrade Founder Guilty of Crypto Manipulation
The U.S. Department of Justice (DOJ) has recently secured a guilty plea from Liu Zhou, the founder of the crypto market-making firm MyTrade, for charges involving market manipulation.
FX Guys Aims to Ride Solana's Surge: A New DeFi Project Tracking SOL's Growth
FX Guys, a new decentralised finance (DeFi) project, aims to track Solana's price trajectory, presenting a unique option for investors interested in decentralised asset trading. Solana (SOL) has gained significant momentum over the past year, with a 480% increase in value, establishing it as a strong presence in the altcoin market. FX Guys seeks to mirror Solana’s growth, offering a platform that combines community-driven trading with DeFi’s decentralised infrastructure.
Alameda Sues KuCoin to Reclaim $50M in FTX Asset Recovery Drive
Alameda Research, a subsidiary of the defunct cryptocurrency exchange FTX, has recently filed a lawsuit against KuCoin in the U.S. Bankruptcy Court for the District of Delaware. This legal move aims to recover more than $50 million in assets that Alameda claims are part of the FTX estate.
Illegal Bitcoin Mining Is Draining Millions from Malaysia’s National Company
Malaysia’s national electricity provider, Tenaga Nasional Berhad (TNB), recently disclosed that it has incurred losses surpassing RM440 million (approximately $101 million) as a result of electricity theft linked to illegal Bitcoin mining operations
Young Fraudster Charged in $230 Million Cryptocurrency Scam
A 20-year-old fraudster has been charged in the United States with conspiracy to commit wire fraud and money laundering in connection with a large-scale cryptocurrency theft.
Beware of Scammers Impersonating Binance's EX-CEO
Changpeng Zhao, co-founder and former CEO of Binance, has once again voiced concerns over a growing issue of himself on Elon Musk's social media platform, X (formerly Twitter)..
Malaysian Police Arrest 6 in RM18 Million 'Kakaue' Cryptocurrency Scam
Malaysian authorities have arrested six individuals in connection with the "Kakaue" cryptocurrency investment scam, which defrauded victims of an estimated RM18 million. The suspects, aged between 19 and 41, were apprehended during a series of nationwide raids conducted by the Bukit Aman Commercial Crime Bureau between 7-11th October 2024.
Extradition Decision for Terraform Labs Co-Founder Do Kwon Nears
The legal proceedings surrounding Do Kwon, co-founder of Terraform Labs, are approaching a pivotal moment. According to reports from Montenegrin local media, the process of determining Kwon's extradition destination is in its final stages, with a decision anticipated by Sunday, October 19, 2024.
Popular tags
Latest News
How much money will you earn by investing in Vantage Broker?
WikiFXIronFX vs Exness Review 2025: Comprehensive Broker Comparison
WikiFXFraudsters Are Targeting Interactive Brokers' Users with Lookalike Emails
WikiFXInteractive Brokers: Global Office Visits and Licensing Details
WikiFXTop Tips to Choose the Best Forex Broker in 2025
WikiFXSEBI Notifies New F&O Rules for Investors - New Derivative Trading Limits & More Amendments
WikiFXU.S. Jobs Data Released: A Potential Boost for Gold Prices
WikiFXSkyLine Guide 2025 Malaysia: 100 Esteemed Judges Successfully Assembled
WikiFXEverything you need to know about ADSS
WikiFXVantage Markets Review 2025: Trusted Forex and CFD Trading Since 2009
WikiFX