• Class action lawsuit against Block.one
    Alt coins

    Class action lawsuit against Block.one calls $4B ICO ‘biggest of all crypto frauds’

    A lawsuit says the sale of EOS tokens ‘arises out of a fraudulent scheme, fueled by a global frenzy over cryptocurrencies and unchecked human greed’

    Disgruntled investors have brought a class action lawsuit against Block.one, accusing the blockchain software firm of netting $4 billion through an illegal initial coin offering for an unregulated asset that became “virtually worthless.”

  • Twetch's "Elon Moist"
    Alt coins,  People

    Twetch CEO “Elon Moist” says the internet will pay you to use social media

    Having come out as Josh Petty, the social media platform’s CEO and founder discusses micropayments, what a ‘free internet’ really means, and why he chose the controversial BSV blockchain

    Twetch CEO Josh Petty (aka "Elon Moist") believes the internet will pay you to use social media in the future. An ad-free, decentralized social media application where you can make money from content creation and own your data, Twetch has been profitable from day one according to Kermit the CEO.

  • 11 crypto firms sued illegal ICOs
    Cryptocurrencies,  People,  Regulation

    Crypto faces ‘The man who took on Wall Street’

    On the day before the statute of limitations expired, the lawyer who extracted $25 billion from banks over the subprime mortgage crisis sued 11 cryptocurrency firms for holding illegal ICOs

    Eleven cryptocurrency issuers and exchanges including Tron, Block.one, and Binance were hit with class action lawsuits last week for holding or supporting initial coin offerings. Ominously, they were filed by a group of lawyers led by Philippe Selendy, who the Financial Times called “The man who took on Wall Street” after he forced 16 major banks including Citigroup, Goldman Sachs, and JPMorgan Chase to pay $25 billion for their part in the subprime mortgage crisis that sparked the Great Recession of 2007.

  • Voice can shout down Facebook
    Cryptocurrencies,  Technology

    Block.one: With $150 million Voice can shout down Facebook

    After incubating Voice for nine months, Block.one injected $150 million into the social news platform that’s aiming to tackle the rise of fake news

    Now independently operated, Voice is being billed as a “social news platform that rewards users and content creators,” and has the rather ambitious goal of tackling deficiencies in the media industry—namely the proliferation of fake news and concerns over data ownership.

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