cryptocurrency
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An entrepreneur who doubles as a rapper is being charged along with her husband for allegedly laundering billions following a cryptocurrency exchange breach. Heather Rhiannon Morgan, 31, and Ilya “Dutch” Lichtenstein, 34, were arrested in NYC on Tuesday on accusations of laundering $4.5 billion following a 2016 breach. They allegedly helped “wash” 119,754 Bitcoins before reportedly transferring them to Lichtenstein’s digital […]
While Gunna has recently gotten into the cryptocurrency game by way of NFTs, he’s now being accused of a crypto scam and has since responded. “To my followers and fans! I didn’t know anything about this ‘pushin peth’ Scam,” he tweeted on Monday. “Someone hacked my Twitter and I immediately deleted the tweet! I would never […]
Coachella is getting into the crypto and NFT game by auctioning lifetime to passes to the festival as non-fungible tokens. The festival is working with the cryptocurrency exchange FTX to auction off the NFTs, which have been named Coachella Keys Collection. “Owners will receive passes to the festival every April and access to Coachella-produced virtual experiences […]
Social media scammers made off with a crazy amount of cash in 2021. According to a Jan. 25 report put out by the Federal Trade Commission (FTC), over 95,000 people reported $770 million had been lost to social media fraud in 2021. What’s more shocking is the losses only accounted for 25% of all reported fraud in 2021, […]
Former professional skateboarder Evan Jaime Hernandez was sentenced Wednesday to eight years in prison for selling meth and laundering Bitcoin, the Department of Justice announced in a statement. Hernandez was busted in March 2018 after he sold nearly two pounds of meth to a federal agent whom he thought was a money launderer. The two were also […]
Kim Kardashian, Floyd Mayweather, and Paul Pierce are among those being sued over their promotion of cryptocurrency EthereumMax, per the Hollywood Reporter. The class action lawsuit, filed on Friday in California federal court, accuses the stars of colluding with EMAX co-founders Steve Gentile and Giovanni Perone as part of an organized pump-and-dump scheme, “causing investors to purchase these losing investments at inflated prices.” […]
Matt Damon is getting roasted on social media for appearing in a cringeworthy Crypto.com ad. Many people found the TV spot, which ran during Sunday’s slate of NFL games and has recently screened in cinemas, to be obnoxious. Which is understandable considering it suggests that people who buy cryptocurrency can enter the world inhabited by historical game-changers such […]
Fans recently noticed that Eminem changed his avatar to a Bored Ape NFT on Twitter, and now multiple sources say he dropped a lot of money on the purchase. According to blockchain publication Decrypt, Marshall Mathers purchased a Bored Ape Yacht Club NFT for 123.45 Ether (ETH), the decentralized cryptocurrency commonly used for NFT transactions. At the time […]
Owning a Bored Ape Yacht Club NFT is near impossible right now unless you’ve got some serious dough. The cheapest one, which runs for 52 ether (or $210,000), according to CNET, is barely accessible to most. But one buyer just scored an even more valuable NFT for a fraction of that price. A man named Max, username maxnaut, apparently made […]
A few weeks after the Staples Center announced it will officially become Crypto.com Arena starting this Christmas, Shaquille O’Neal shared his thoughts regarding the decision. On the latest episode of the Big Podcast with Shaq, the legendary Los Angeles Lakers big man explained why he’s happy about the name change, saying Staples will forever “belong” to him and the […]
