Know Your Customer

This group of scammers has been associated with numerous rug pulls, including projects like Magnate, Kokomo, Solfire, and Lendora.

The funds were also connected to a "pig butchering" scam that cost U.S. citizens $3.3 billion in 2022, as per the FBI.

Recent court hearings disclosed that the bankrupt crypto exchange FTX utilized customer funds to repurchase its entire stake held by competitor Binance. The revelation came as part of ongoing investigations related to the trial of Sam Bankman-Fried, with the U.S. Department of Justice hiring an accounting professor to trace the funds between Alameda and FTX.

Because of their large transaction volumes, service provider inevitably transfer risk-associated USDT to exchange addresses, potentially triggering restrictions on these accounts due to their involvement with illicit activities.

The Supreme Court's decision to entertain arguments in this case signifies a crucial moment that could potentially reshape industry practices related to arbitration agreements.

The breach has since been resolved, and Bitfinex assures customers that no funds were lost.

Article exploring the potential rug-pull and tokenomic risks associated with KuCoin's latest product. Urges readers to conduct their own due diligence before investing.

The proposal is scheduled to be reviewed by the US Bankruptcy court in mid December

Cryptocurrency is exploited for financing terrorism but it is merely one tool among many such as fiat currency.

Experience a digital gaming revolution with cryptocurrency payments in Roblox!