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Andreessen Horowitz Hires Former CFTC Commissioner Brian Quintenz To Bolster Regulatory Expansion

Andreessen Horowitz Hires Former CFTC Commissioner Brian Quintenz To Bolster Regulatory Expansion

The appointment of Brian Quintenz shows a sign of growing importance of compliance and regulation at Andreessen Horowitz.

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.

CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme

CFTC Nabs 2 Crypto Fraudsters Involving in a $44M Ponzi Scheme

Two suspected cryptocurrency fraudsters Sam Ikkurty of Portland, Oregon, and Ravishankar Avadhanam of Illinois have been charged by the United States Commodity Futures Trading Commission (CFTC) for illegally soliciting as much as $44 million through Ponzi-like scheme

Binance Labs Invests in AltLayer, KiloEx, Kinza, and Sleepless AI as Part of the MVB Program

Binance Labs Invests in AltLayer, KiloEx, Kinza, and Sleepless AI as Part of the MVB Program

Binance Labs invests in AltLayer, KiloEx, Kinza, and Sleepless AI in the MVB Program's sixth season, supporting DeFi, infrastructure, and Web3 gaming.

$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending

$30m e-CNY Airdropped in Shenzhen to Boost Consumer Spending

The use of China’s Central Bank Digital Currency (CBDC) is currently being boosted by the city of Shenzhen which according to reports has airdropped 30 million Digital Yuan (e-CNY) to its residents.

Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain

Mercedes Partners with Blockchain Company to Track Carbon Emission in Cobalt Supply Chain

A collaboration between the major car manufacturers, Mercedes Benz and Circular, a Blockchain Startup to carry out a combined program which would be for the purpose of tracing the emissions of carbon in the cobalt supply chain.

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm Scandal: Solana's Blockchain Ensnared in Alleged Ponzi Scheme Ties

Mangofarm, Solana blockchain, cryptocurrency scam, Banana Miner Ponzi scheme, digital currency security, blockchain fraud, crypto investment caution, Richard Matthew John O’Neill, decentralized finance, investor vigilance

SafeMoon LP Compromised

SafeMoon LP Compromised

SafeMoon, a cryptocurrency project endorsed by celebrities, announced its liquidity pool was attacked, but gave no further details. Experts suggest a recent software upgrade may be to blame for the vulnerability that allowed an attacker to remove SafeMoon tokens and sell them at an inflated price.

Brazilian Couple Behind $400M Crypto Ponzi Scheme Nabbed in Argentina

Brazilian Couple Behind $400M Crypto Ponzi Scheme Nabbed in Argentina

Authorities in Argentina have arrested a Brazilian couple accused of masterminding a $400 million cryptocurrency Ponzi scheme.

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

Crypto Token Backed by $25M Diamond Ponzi Scam Flagged by DoJ

The US Department of Justice charged a Florida native with wire fraud, for soliciting investors in a diamond-backed cryptocurrency Ponzi and investment scam.

Australian and Los Angeles Residents Charged in $25 Million AI Crypto-Trading Ponzi Scheme

Australian and Los Angeles Residents Charged in $25 Million AI Crypto-Trading Ponzi Scheme

The DOJ indicts David Gilbert Saffron and Vincent Anthony Mazzotta Jr. for running a $25M AI crypto Ponzi scheme, involving fictitious entities, false promises, and misuse of investor funds.

'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme

'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme

After having previously invested in Bitcoin, Black Swan author Nassim Taleb has changed his mind regarding the leading cryptocurrency. He now thinks Bitcoin resembles a Ponzi scheme and explains why.

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