Regulation

NFT founder accused of using millions from investor funds to finance DJ hobby, gambling

The Block2h agoUpdated 1h ago
NFT founder accused of using millions from investor funds to finance DJ hobby, gambling
Smart Read

An NFT founder is facing fraud charges after prosecutors alleged he stole millions of dollars from investors to bankroll his lifestyle.

Discussion

Related stories

Bitcoin Magazine

‘If Clarity Dies, Democrats Killed It’: Lummis Urges Senate to Act on Crypto Bill Before Recess

Bitcoin Magazine ‘If Clarity Dies, Democrats Killed It’: Lummis Urges Senate to Act on Crypto Bill Before Recess Time is running out for the Clarity Act. Senator Lummis warns that some lawmakers still want to delay the bill. This post ‘If Clarity Dies, Democrats Killed It’: Lummis Urges Senate to Act on Crypto Bill…

CryptoSlate

An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan

Principal alone would absorb 89.5% of headline gross proceeds, while the warrant structure can add 11.7 million shares. The post An AI data center firm just raised $25 million, but 90% of it vanishes in days to pay off one massive loan appeared first on CryptoSlate.

Decrypt

Eliza Founder Declares AI Token 'Dead,' Shuts Down Foundation After Lawsuit Settlement

Shaw Walters says Eliza's token is no more after a class-action settlement drained the project's remaining funds.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.