Posts

Showing posts with the label offer

Justin Sun offers 5% bounty as Poloniex losses cross $100 million

The Tron founder said Poloniex hackers have seven days to return a bulk of the funds in exchange for a white hat bounty or law enforcement would be engaged for a remedy. Justin Sun provided three wallet addresses to which hackers could transfer the stolen funds. Sun also added that an internal investigation was underway and affected assets would be fully reimbursed as the platform maintains a “healthy financial position”. We are offer ing a 5% white hat bounty to the Poloniex hacker. Please return the funds to the following ETH/TRX/BTC wallets. We will give you 7 days to consider this offer before we engage law enforcement. ETH Wallet: 0x176F3DAb24a159341c0509bB36B833E7fdd0a132 TRX:… — H.E. Justin Sun 孙宇晨 (@justinsuntron) November 10, 2023 Blockchain security firm PeckShield alerted community members to outflows from Poloniex hot wallets on Nov. 10. As crypto.news reported, the losses were initially estimated at around $33 million but this number was later updated to over ...

KuCoin faces a lawsuit for offering crypto trading services in New York without registering

Image
Join Our Telegram channel to stay up to date on breaking news coverage KuCoin, a well-known cryptocurrency exchange based in Seychelles, recently came under the regulatory radar in the state of New York after the state’s Attorney General, Letitia James, discovered that she can buy and sell cryptocurrencies on KuCoin’s platform. This is a problem because the platform is not registered in the state, and it doesn’t have its so-called BitLicense, which allows exchanges to offer their services within its borders. KuCoin offered unregistered securities, claims Attorney General The new move represents another step by the regulators to crack down on digital currency exchanges that operate without register ing with the US authorities. In this particular example, the New York Attorney General herself filed a lawsuit against the exchange, which was then announced on the NY AG James’ Twitter account. I'm suing cryptocurrency platform @kucoincom for illegally oper...