UAE-based scammer gets 8 years in US prison after forfeiting 151 bitcoin
A Nigerian man known as 'Mr. Woodbery' was forced to give up 151 bitcoin ($4.5M) and must now return $8M in stolen funds to victims.
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Crypto prediction market says Binance has 12% chance of insolvency by 2024
The wager on decentralized crypto prediction market Polymarket has so far seen more than $11k in trades placed.
— Thodex
Thodex chief receives jail sentence for tax evasion amid ongoing $2B fraud trial
Farouk Fatih Özer, founder of now-defunct crypto exchange Thodex, has been sentenced to seven months for tax 'smuggling' charges.
— Huobi, Justin Sun
Justin Sun-advised Huobi controls 85% of ‘decentralized’ stUSDT
stUSDT, a form of staked tether invested in "real world assets" that pays yield to users, is highly centralized.
Ontario ‘crypto king’ allegedly held ransom by investor who lost $740K
Five men have been arrested for kidnapping Aiden Pleterski, Ontario's 'crypto king,' who allegedly misused investments to buy luxury cars.
Global finance regulator FSB shares crypto framework for G20 meeting
Cross-border cooperation, client asset segregation, and 'global stablecoins' were top of mind for the FSB's crypto recommendations.
What is Craig Wright doing with thousands of crypto patents?
Besides harassing Bitcoin Core developers with lawsuits, Craig Wright has spent the past decade amassing a trove of nearly 4,000 patents.
The Weekend Shift: SBF, DeFi, Banking
The most interesting reads, podcasts, charts, and opinions from the internet this weekend — curated for you by the Protos newsroom.
Hong Kong crypto scam victim lost $128K after visiting fake shop
The victim says she was handed a bundle of fake notes in return for $128k in tether while the shop's 'owner' fled through a back door.
Trump NFT firm has just $1,000 in the bank but up to half a million in ETH
Trump's recent revised financial filing also showed details of around 100 other income sources worth a combined $1.2 billion.