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OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud

OneCoin Co-Founder Sentenced to Two Decades in Prison Over Multibillion-Dollar Fraud

Karl Sebastian Greenwood, co-founder of the OneCoin cryptocurrency scheme, has been sentenced to 20 years in prison for deceiving millions of investors worldwide, leading to losses exceeding $4 billion. The scheme, based in Sofia, Bulgaria, was marketed as a revolutionary cryptocurrency, but was later revealed to be a sham. Greenwood and co-founder Ruja Ignatova used the scheme to finance extravagant lifestyles.

OneCoin's Former Legal Head Pleads Guilty to Fraud and Money Laundering

OneCoin's Former Legal Head Pleads Guilty to Fraud and Money Laundering

Irina Dilkinska, former OneCoin legal head, has admitted to wire fraud and money laundering charges in the cryptocurrency pyramid scheme, facing a potential ten-year prison term, while co-founder Ruja Ignatova remains fugitive.

BitMEX CEO Arthur Hayes Agrees to Surrender to U.S. Authorities

BitMEX CEO Arthur Hayes Agrees to Surrender to U.S. Authorities

Fugitive executives of crypto derivatives exchange BitMEX have been discussing a surrender agreement with the U.S. government.

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.

Uniswap: Everything You Need to Know

Uniswap: Everything You Need to Know

Learn about: What Uniswap is, what the core concepts of UniSwap are. In this guide, we explain what's new in Uniswap V2, and the process of swapping tokens.

European Blockchain Convention reinvents itself to remain the leading congress in Europe

European Blockchain Convention reinvents itself to remain the leading congress in Europe

European Blockchain Convention Virtual becomes the meeting point of the Blockchain Industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between over 1.500 attendees.

Brexit issues on Supply Chain tacked using blockchain

Brexit issues on Supply Chain tacked using blockchain

Since the 1980s, Global Trade has multiplied by a factor of 3.5 but the Global Supply Chain has not kept pace. In fact, the World Trade Bank estimates that inefficiencies in Global Supply Chain are costing as much as USD 2 trillion of the overall USD 16 trillion market.

The Rise of Massively Multiplayer Online Games Being Built on Blockchain

The Rise of Massively Multiplayer Online Games Being Built on Blockchain

Massively Multiplayer Online (MMO) games have existed for a long time, but these games currently suffer from the same inherent flaws as many other online assets: centralization. Blockchain technology is slowly emerging as a disruptive force in the market, resolving troublesome issues like in-game cheating, and restoring freedom for players around the globe.

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