Canada’s self-proclaimed “Crypto King” Aiden Pleterski was kidnapped, tortured, and held for ransom after allegedly fleecing investors out of millions, court documents filed earlier this month claim. Pleterski was petitioned into bankruptcy last August, and the 23-year-old is accused of running an investment scheme. Since bankruptcy proceedings began, $25 million Canadian worth of claims have been filed in his case.…
Month: March 2023
Arrested Bitzlato Exchange Founder Seeks Help From Crypto Community – Exchanges Bitcoin News
The founder of crypto exchange Bitzlato, who is facing a money laundering case in the U.S., is seeking support from members of the community. Anatoly Legkodymov was arrested in January for his role in the trading platform which allegedly processed millions of dollars’ worth of illicit funds. Bitzlato Founder Looking for Bail Guarantors in U.S. Anatoly Legkodymov, one of the…
Do Kwon to reportedly appeal against court’s decision to extend detention
A legal representative of Kwon confirmed the appeal against the Montenegrin court’s decision to detain the entrepreneur for 30 days longer than usual. Source: https://cointelegraph.com/public/index.php/news/do-kwon-to-reportedly-appeal-against-court-s-decision-to-extend-detention
Bitcoin is 1 week away from 'confirming' new bull market — analyst
BTC price action is copying historical patterns to deliver a classic Bitcoin bull market comeback, says Rekt Capital. Source: https://cointelegraph.com/public/index.php/news/bitcoin-is-1-week-away-from-confirming-new-bull-market-analyst
NFT Trader Accidentally Burns $129K CryptoPunk
An NFT trader was devastated Friday to discover that a CryptoPunk he purchased for 77 Ethereum went up in smoke after he accidentally sent the pricy piece of digital art to a burn address. Burn addresses, which are digital wallets that don’t have a private key, are one-way gateways that can only receive assets like cryptocurrencies and NFTs. As a…
Banking crisis pushed over $286B to money market funds in two weeks: Report
The banking crisis has led many investors to rotate their portfolio investments in the past two weeks, sending over $286 billion into United States money market funds so far in March, according to EPFR data obtained by the Financial Times. The top winners from investors flooding cash into US money market funds in the past two weeks are Goldman Sachs,…
Greenpeace Unveils ‘Skull of Satoshi’ to Spark Debate Over Bitcoin’s Environmental Impact; Creator Clarifies It ‘Wasn’t Meant to Be Anti-Bitcoin’ – News Bitcoin News
Greenpeace, the well known environmental NGO, has unveiled the “Skull of Satoshi,” an art installation intended to spark debate about the impact of Bitcoin on the environment. The 11-foot skull was constructed with electronic waste materials and features smokestacks and Bitcoin logos. However, its creator, Benjamin Von Wong, explained it was not meant to be an anti-Bitcoin symbol. Greenpeace Unveils…
XRP, LTC, XMR and AVAX show bullish signs as Bitcoin battles to hold $28K
The recent banking crisis in the United States seems to have shaken the belief of some customers in the legacy banking system. According to Federal Reserve data, customers pulled nearly $100 billion in deposits in the week ending March 15. American venture capital investor and entrepreneur Tim Draper said in a March 25 report that “founders need to consider a…
Glitch Artist Withdraws from Sotheby’s NFT Auction Over Lack of Female Artists
An artist featured by the renowned auction house Sotheby’s said Saturday he would withdraw his art from an NFT sale that’s currently underway, citing a lack of representation of female-identifying artists. Patrick Amadon, whose work revolves around the visual style known as “glitch art,” said Sotheby’s “Natively Digital: Glitch-ism” should have been more inclusive. “While I believe it was a…
Terra Co-Founder Do Kwon Plans to Appeal Detention Extension After Arrest in Montenegro – Bitcoin News
According to the Montenegro-based newspaper Vijesti, Do Kwon, the co-founder of Terraform Labs, also known as Kwon Do-hyung, is appealing the detention extension ordered by a Montenegrin court. Kwon was arrested on March 23, 2023, after being caught at Podgorica Airport in Montenegro while traveling with fraudulent identification documents. Report Says Kwon’s Legal Representation Aims to Appeal 30-Day Detention Extension…