US Law Firm Files Lawsuits Against 11 Crypto Companies, Including Binance

Roche Freedman, the US-based law firm, filed a number of class-action lawsuits against some of the largest companies in the cryptocurrency space - including Binance, Block.one, Bitmex, Civic, and several more.  According to the lawsuits, the companies defrauded consumers by issuing illegal securities in the form of digital tokens.  A total of 11 crypto...

Bitmain’s Internal Struggles Detailed in the Leaked Transcript

A transcript of a recent Bitmain staff meeting surfaced online exposing intense leadership struggles inside one of the greatest bitcoin miner producers in the world, resulting in the dismissal of co-founder Micree Ketuan Zhan.The transcript states that Jihan Wu, the fellow co-founder of the company, talked about why he thought the company should terminate...

OKEx Arm in South Korea Delists 5 Coins, Including Monero and Dash

The South Korean subsidiary of a major cryptocurrency exchange OKEx announced plans to delist five major altcoins due to regulatory reasons. Starting Oct. 10, the exchange will stop providing support for Monero (XMR), Dash, Zcash (ZEC), Horizen (ZEN) and Super bitcoin (SBTC). OKEx dropped the 5 cryptocurrencies because they prioritize privacy, making it harder to...

OneCoin Scam Victim Files Lawsuit after $760,000 Loss

Cryptocurrency firm OneCoin is officially sued for scamming thousands of investors in a Ponzi scheme with one of the plaintiffs using over $700,000 in the scam. A class action document was filed on May 7 at the US Southern District Court of New York for multiple charges against four executives behind OneCoin. The crypto...