Yuga Labs Files Suit Against Artist Producing Copycat BAYC Collection
Yuga Labs, the blockchain business behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection, has launched a lawsuit against digital artist Ryder Ripps and his colleagues for creating a Bored Apes knockoff.
Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox
Do Kwon, the once cherished developer who gained prominence with the rise of Terra Blockchain protocol is now being dragged on Twitter for a series of alleged financial misconducts that possibly led to the collapse of UST and LUNA.
IMF Chief Warns of Terra Crash, Calls it as Pyramid Scheme
While the heat with respect to the Terra protocol collapse is cooling off, global experts, including the International Monetary Fund (IMF) Managing Director Kristalina Georgieva waded in to express her feelings about the LUNA and UST crash, calling it a ‘Pyramid’ scheme.
Prosecutors Investigate Do Kwon with Ponzi Fraud Charges amid Terraform Labs Dissolvement
Do Kwon’s scandal seem to be deepening. Prosecutors are investigating whether they will file Ponzi fraud charges against him following the Terra crash, according to The Korea Times.
Terra Co-Founders to Face Fraud Charges in South Korea
The challenges ahead for Terra’s co-founders are notably more than just reviving the protocol after UST and LUNA coins collapsed last week.
Terra Like A Crypto "Pyramid Scheme," Says Activist Investor Bill Ackman
Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme.
SEC Is Hiring Additional Investigators to Fight Cryptocurrency Fraud
According to The Wall Street Journal, the United States Securities and Exchange Commission (SEC) intends to enlarge its special team tasked with investigating cryptocurrency fraud and other criminal actions.
$5.8m Fund Retrieved for Hacked Funds of Ronin Bridge: CZ
Popular exchange Binance has helped retrieve funds worth $5.8 million that was a part of the $625 million exploited from the Ronin Bridge, known as the home of Axie Infinity.
Among Crypto Crimes, the US Secret Service Seizes Over $102 Million in Digital Currencies
In their investigation into cybercriminals' activities, the US Secret Service confiscated up to $102 million in cryptocurrency assets.
No, Cryptocurrency Is Not Causing Any Ransomware Surge
Christian Devolu of Vice claims that cryptocurrency has fundamentally altered the way cybercrime is perpetrated.
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