According to the bankruptcy filing of defunct cryptocurrency broker Genesis, the crypto exchange Gemini came in first place with a disputed debt of over $765.9 million. More than $3.6 billion in debt to its biggest creditors was disclosed in the statement issued in the Southern District of New York. About fifty percent of the debtors were anonymous. A company called …
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After rising to new levels, holders can now breathe a bit easier as Bitcoin enjoys a level of support not seen before, and it’s not just the upswing that’s causing the excitement. The first glimmers of good news are finally here—evidenced by several upward-trending trading figures. Investors have translated this positivity to the stock market, admittedly not as enthusiastically as …
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In Blackpool, a group of robbers was able to steal and hide £20 million worth of Bitcoin and other cryptocurrencies. With the gang members facing 15-year prison sentences, justice has been done. This should serve as a lesson to others that crypto crime doesn’t pay and that if you get exposed, you’ll face harsh consequences. James Parker, who located a …
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The cryptocurrency exchange Coinbase has had a difficult month as it has decided to discontinue all of its operations in Japan after experiencing a steady decline with no solution in sight. This comes after a similar action by Kraken, another cryptocurrency exchange. Whatever the cause, this is surely devastating news for crypto investors in Japan. When one exchange decides to …
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