Crypto firm tied to UK politics disappeared with investor cash
Phoenix Community Capital was once rumored to be worth $800M and claimed it would make back investors’ money in 45 days.
Phoenix Community Capital was once rumored to be worth $800M and claimed it would make back investors’ money in 45 days.
The judge ruled that plaintiffs have “adequately alleged” that these NBA-themed NFTs passed the Howey Test.
A superseding indictment has been filed against Sam Bankman-Fried additionally alleging bank fraud, securities fraud, and commodities fraud.
The UK-based investors are revealed to have sought police help following the collapse of FTX and the loss of millions in cash.
Yuga Labs flagship BAYC collection is holding its price, despite 71 pieces being sold off, and recent allegations of plagiarism.