Mt. Gox Delays Payouts to Next Year, No Bitcoin Release Yet
The Mt. Gox Rehabilitation Trustee has recently announced that the repayments previously anticipated to precipitate a Bitcoin selling spree have been postponed until October 31, 2025. The extended deadline, initially scheduled for the end of October 2024, provides creditors with additional time to finalize the necessary steps for repayment. Mt. Gox, an early crypto exchange […]
Ex-FTX Executive Ryan Salame Begins Prison Sentence
Former FTX executive Ryan Salame has begun serving a 7.5-year sentence at FCI Cumberland in Maryland for unlawful political contributions and operating an unlicensed business. According to records, Ryan Salame, a former executive of FTX, has commenced his seven-and-a-half-year penitentiary sentence at a Maryland prison. Salame, previously the co-CEO of FTX Digital Markets, is currently […]
Josh, Jessica Jarrett Challenge IRS on Staked Token Taxes
Josh and Jessica Jarrett have filed a lawsuit against the IRS, arguing that staked XTZ tokens should only be taxed upon sale. They claim newly minted tokens from staking shouldn’t be taxed until sold. Josh Jarrett, the co-founder of Tezos, and his wife, Jessica Jarrett, have filed a new lawsuit in the Tennessee Federal Court […]
Crypto Heist Investigation – Uncovering the $4.3 Million Theft
On-chain investigator ZachXBT is investigating a $4.3 million crypto heist from June 2024, linked to armed robbery by Faris Ali, also known as Zay or Tommy, in the UK. ZachXBT, an on-chain investigator, has most recently investigated a crypto theft that occurred in June 2024 and involved $4.3 million. Faris Ali, who operates under the […]
SonicX Taps TikTok’s User Base to Engage Millions
SonicX, a newly launched passive clicker game inspired by the Sonic the Hedgehog brand, enables players to earn cryptocurrency while featuring retro pixel art despite not being affiliated with Sega. The blockchain-based gaming industry has attracted millions of users by creating a significant stir in the GameFi sector due to the tap-to-earn phenomenon. The primary […]