#money
230 articles found
Latest
Balance CEO Ric Burton says Uniswap founder Hayden Adams, who he once considered to be his closest friend, has fooled him.
According to Burton, he invested a lot of effort to take Uniswap to the market. He paid for developer services, paid for Adams' rent, dipped into Balance's money to cover his expenses. Burton was sure that Hayden would include him in the Uniswap round for this help.
But he never became the co-founder of Uniswap. And now, when his $25,000 would be worth $18 million, he has brought this story public.
Of course, it's not about the money. It's all about justice. South Korea to introduce a crypto tracking system
The South Korean Ministry of Justice has announced a program called "Virtual Currency Tracking System" aimed at combating money laundering. It provides for the verification of already completed and new cryptocurrency transactions, including the study of the sources of origin of funds. 
FTX’s lawyers prepared a $445.8 million suit against Voyager Digital, for loan repayments that Alameda made shortly before Voyager went bankrupt.
We have extensively covered this story of "unlove" earlier.
The comedy of the situation is that bankrupt Alameda accuses bankrupt Voyager Digital of using the money of creditor's clients, i.e. Alameda.
But the key point is that Alameda itself granted the loan from the FTX funds, which actually belonged to the customers of the curly-haired swindler's exchange.
Like a drowning swimmer, Sam is dragging everyone down with them. Does he really believe that would help them climb up to the top? 
In his new post, SBF found inconsistencies in documents filed by the law firm Sullivan & Cromwell (S&C) to a Delaware court alleging that FTX US is insolvent.
S&C somehow failed to include $428 million of assets in FTX US bank accounts in the report.
As a result, SBF concluded that FTX had hundreds of millions of dollars in excess of what the exchange needed to pay its obligations to users.
Just return the money, Sam! 
Alex Holden, a hacker from Ukraine, has a singular gift for tracking down "bad russian guys" on the Internet. This week, he stole $25,000 in BTC from the russian dark web marketplace dubbed Solaris, and transferred the money to Kyiv charitable foundation "Enjoying Life". 
Over the last day, Voyager Digital transferred assets worth approximately $9.6 million to Coinbase, Binance US, and Kraken, including 4.9 million VGX, 221,000 LINK, 3,050 ETH, and 270 billion SHIB.
Another interesting fact: one of the addresses has 6.8 trillion SHIB, putting it in 18th place among the largest owners of the meme coins after the transfer.
We've got a riddle for you: you're broke, you need money, the enemy is nearby, so you transfer 270 billion coins to the exchange. Is it for a far-off journey or an inheritance? What mixers still operate after the Tornado Cash shutdown?
Tornado Сash was the most popular crypto mixer. It processed the money of hundreds of thousands of users every month. After the sanctions were imposed on a protocol and the wallets associated with it, some users struggled to find a good alternative. 
In their search for bankrupt FTX clients' money, lawyers want to cross-examine SBF's mother and brother.
It is already known that the businessman's parents lived in a house in the Bahamas worth $16.4 million, which was the property of a crypto exchange. And the SBF's brother bought a multi-million dollar property near United States Capital (probably with the FTX clients' money).
Negotiations with the SBF's father are ongoing. Perhaps the court will be able to get the truth at least from the suspect's father. 
Sam had previously claimed that he was left with only $100,000. Even assuming that Sam lied a little, and he did have some mad money under his pillow, his parents had to mortgage their home to satisfy the bail requirements. By the way, that's the home where Sam is going to live.
Hopefully, Sam will manage this tough task, and won't get pulled over for drunk driving in the coming months. 