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Author: Jody McDonald

FBI Crafts Fake Crypto Token in Historic Sting to Tackle Market Manipulation, Charges 18

It would appear the scammer has become the scammed. The US Federal Bureau of Investigation (FBI) has charged four cryptocurrency companies (Saitama, Robo Inu, VZZN and Lilian Finance) and four ‘market maker’ firms (Gotbit, ZM Quant, CLS Global and MyTradeMM) alleging they worked together to pump and dump a veritable smorgasbord of shitcoins…

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ASIC Sues ASX For Misleading Statements on Failed Blockchain Project, Faces Potential AU$500 Million Fine

The Australian Securities and Investments Commission (ASIC) announced yesterday that it is suing the Australian Securities Exchange Ltd (ASX) for misleading statements the exchange operator made regarding its now abandoned plan for a blockchain-based replacement to its Clearing House Electronic Subregister System (CHESS). ASIC alleges that statements made by ASX in February 2022 that the

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