After cryptocurrency prices spiked, scammers have flooded the market with fake tokens that promise investors great riches, but leave them penniless. It’s working.
Category: Business / Blockchain and Cryptocurrency
Sarcophagus Is a Dead Man’s Switch for Your Crypto Wallet
By combining a century-old idea with cryptocurrency tech, Sarcophagus aims to create a foolproof way to send messages from beyond the grave.
Crypto Magnate Do Kwon Found Liable for Multibillion-Dollar Fraud
When Do Kwon’s crypto empire fell to pieces, tens of billions of dollars were wiped out. A civil jury in the US has found he lied to investors.
FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison
A US judge has sentenced Sam Bankman-Fried, one-time crypto wunderkind, to 25 years behind bars.
Craig Wright Is Not Bitcoin Creator Satoshi Nakamoto, Judge Declares
A surprisingly fast ruling at the end of a six-week trial in the UK High Court ends Craig Wright’s campaign to be recognized as the inventor of Bitcoin.
What’s Behind the Bitcoin Price Surge? Vibes, Mostly
The price of bitcoin has climbed to a new all-time high. But assigning the cryptocurrency a value is anything but trivial.
Binance’s Top Crypto Crime Investigator Is Being Detained in Nigeria
Tigran Gambaryan, a former crypto-focused US federal agent, and a second Binance executive, Nadeem Anjarwalla, have been held in Abuja without passports for two weeks.
The Puzzling Testimony of Craig Wright, Self-Styled Inventor of Bitcoin
In a lengthy cross-examination in the UK High Court, Craig Wright rejected all claims he had forged and manipulated evidence that indicate he is Satoshi Nakamoto, creator of Bitcoin.
The Trial Over Bitcoin’s True Creator Is in Session
A UK High Court will settle a long-running debate over whether Craig Wright really is Satoshi Nakamoto, inventor of Bitcoin. Monday’s opening arguments laid the groundwork for both sides.
FTX Says It Expects to Repay Customers in Full. Some Are Suing for More
The skyrocketing value of cryptocurrency is the center of a disagreement over the FTX bankruptcy.