DOJ abandons BitClub founder case despite $722M fraud claims

The U.S. Department of Justice has reportedly moved to dismiss its criminal case against the founder of BitClub Network despite allegations that the crypto mining scheme defrauded investors of $722 million. According to a report by Bloomberg Law, citing two…

Read Also

Hong Kong warns unlicensed payment platforms of enforcement

Hong Kong has warned that payment platforms operating without required licenses face enforcement action, after its monetary authority received 16

China plans national blockchain network in digital push

China has called for a national blockchain network and an integrated computing power network in a policy document covering 19

Papertrade plans 1000x leverage launch after $85.3m deposits

Papertrade has scheduled its HyperEVM perpetuals exchange to begin trading on Oct. 10 with up to 1000x leverage, after DefiLlama

Content