The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds.
The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet.
The number of Cardano's richest investors holding ADA has surged to its highest level in almost a year.
The tokens are part of the Reddit Community Points initiative to create cryptocurrencies that would incentivize content creation.
Proponents say PayPal’s PYUSD could see Ethereum become the money layer of the internet, while opponents argue that it’ll act like a poorly designed CBDC.
A crypto wallet suspected to be tied to the exploit shows it gained over $1 million in SOL and UDSC since the attack.
Man loses $10M after Chinese court rules Bitcoin lending is not protected by law, loads of Web3 founders get arrested, and Huobi rumors swirl.
Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week.
Bitcoin’s failure to rebound off strong support may open further downside as bears may be tempted to sell.