Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits

Tether, ICOs, Craig Wright – Attorney Divulges New Details on Billion Dollar Crypto Lawsuits

On April 3, the law firms Roche Cyrulnik Freedman and Selendy & Gay filed 11 class-action lawsuits against multiple digital currency exchanges and the issuers of certain initial coin offering (ICO) tokens. Entities like Block.one, Tron, Bancor, Status and numerous company executives are accused of selling unregistered securities. The lawsuits claim the exchanges “profited handsomely” from these token sales and the charges also allege manipulative conduct. Following the filings in the Southern District New York…

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New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos

New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos

On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain. Also read: The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined Tokenized Wrapped Bitcoin Projects Are Trending There’s now a number…

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Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin

Novogratz: We Have Money-Printing Orgy Going on, Amazing Environment to Buy Bitcoin

Galaxy Digital chairman Michael Novogratz said that bitcoin is his pick under the current financial situation, describing it as an “amazing environment” to buy bitcoin. With “global money printing orgy,” a possible another trillion-dollar stimulus package, and “money growing on trees,” Novogratz said this is the year for bitcoin. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Amazing Environment for Bitcoin Mike Novogratz, the chairman and CEO of Galaxy…

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