Scandals

Venezuela Abandons Petro Cryptocurrency, Reverts to Bolivar Amidst Scandals and Turmoil

Bernard NicolaiJan 15, 20242 min read

Venezuela Ends Controversial Petro Cryptocurrency Venezuela has officially terminated its petro cryptocurrency, which was launched by President Nicolas Maduro six years ago to bypass US sanctions.…

Hong Kong Extends Grace Period for Crypto Exchanges Amid Ongoing Scandals

Gapster InnesNov 27, 20232 min read

Hong Kong’s Response to Crypto Fraud Hong Kong’s Securities and Futures Commission (SFC) has decided to continue with the one-year grace period for cryptocurrency exchanges, despite…

Hong Kong to Maintain Crypto Exchange Grace Period Amidst Scandals

Coinan PorterNov 27, 20232 min read

A one-year grace period for cryptocurrency exchanges in Hong Kong to remain in place Despite recent scandals, the one-year grace period for cryptocurrency exchanges operating in…

Thriving in the face of scandals and market turbulence

Coinan PorterOct 31, 20234 min read

A Renewed Foundation for Cryptocurrencies In the wake of notable collapses, fraud, and skepticism in the cryptocurrency industry, there has been a significant reflection and reshaping…

South Korea Takes Aim at OTC Market in Response to Multi-Billion Scandals in Crypto Industry

Bitro ConwellSep 18, 20233 min read

South Korea Increases Regulatory Scrutiny on OTC Crypto Trading In response to a rise in illicit activities associated with over-the-counter (OTC) crypto trading, South Korea is…

Senators Urge SEC Chair to Crack Down Harder on Crypto Companies: Scandals and Lobbying Exposed!

Theon BarrettJul 19, 20233 min read

Senators Press SEC Chair to Crack Down on Crypto Companies Senators across party lines have urged SEC Chair Gary Gensler to take stricter action against crypto…

FSB Calls for Stronger Regulations for Cryptocurrencies After Year of Scandals

Insa MonroeJul 18, 20232 min read

Stronger Regulations for Cryptocurrencies Recommended by FSB The Financial Stability Board (FSB) has released recommendations for stronger regulations in the cryptocurrency industry. The FSB, a group…

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