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Lindsay Lohan, Soulja Boy, Lil Yachty, Jake Paul and four other celebrities have been named in a press release from the Securities and Exchange Commission (SEC) and are being charged with promoting cryptocurrencies without telling their audiences they were paid to do so.   The full list is rounded out by Akon, Ne-Yo, Austin Mahone, and Kendra Lust. They are specifically charged with […]

Drake revealed his picks on the cryptocurrency betting platform Stake for Super Bowl LVII.  The Toronto native is taking the Kansas City Chiefs to win this Sunday, even though the Philadelphia Eagles are currently 1.5-point favorites, according to the latest odds from Caesars Sportsbook. Drake also placed bets on who would score a touchdown, choosing Chiefs […]

A New Jersey man admitted he paid a hitman $20,000 in bitcoin to kill a 14-year-old boy in an effort to prevent him from testifying in his child sex abuse case, NBC News reports. 31-year-old John Michael Musbach pleaded guilty in Camden federal court last week to an indictment that charged him with hiring a killer online. He […]

FTX co-founder Sam Bankman-Fried is set to be released on a $250 million bail package. According to the Associated Press, , a New York federal judge announced the decision on Thursday, less than two weeks after the disgraced cryptocurrency executive was arrested on fraud charges in the Bahamas. As part of the bail terms, Magistrate Judge Gabriel W. Gorenstein […]

Self-described “Crypto King” Aiden Pleterski had $2 million in assets seized, including luxury cars, as investors try to recoup millions given to him and his company, according to a CBC Toronto investigation. Among the assets seized from the 23-year-old Whitby, Ontario, native include two McLarens, two BMWs, and Lamborghini. Investors also asked about a Patek […]

The FBI has added Ruja Ignatova, better known as “Cryptoqueen,” to its 10 Most Wanted Fugitive List and offered a $100,000 reward for any information leading to her arrest.  An arrest warrant was issued for Ignatova after a grand jury indictment in October 2017. A superseding indictment was issued the following year with charges of conspiracy to commit […]

Dogecoin co-creator Jackson Palmer has landed himself in hot water with Elon Musk, after calling the Tesla and SpaceX CEO a “grifter” in a recent interview with Australian outlet Crikey. “He’s a grifter, he sells a vision in hopes that he can one day deliver what he’s promising, but he doesn’t know that,” Palmer told Crikey. […]

Sir Mix-A-Lot is getting into the NFT space. For National Colon Cancer Awareness Month, which is in March, and ahead of the 30th anniversary of his May 1992 hit “Baby Got Back,” the rapper partnered with developer META-X Studios. His first NFT collection, Bit Butts, is a way to raise money to fight colorectal cancer.  “When the team at […]

President Joe Biden is soon set to sign an executive order on cryptocurrency, multiple reports claimed this week. According to Bloomberg, the order—which the publication’s sources said is expected to be signed by Biden this week—will see federal agencies being directed to examine possible regulatory changes in the crypto space. Notably, the order has been “in the works” […]

Soulja Boy, Lil Yachty, and Jake Paul are among those named in a class-action lawsuit over an alleged “pump and dump” scheme meant to benefit SafeMoon founder and CEO Braden John Karony and other top-level executives, per ClassAction.org.   Soulja, Yachty and Paul, along with Nick Carter and YouTuber Ben Phillips, were used to promote SafeMoon and increase the […]