Al-Naji raised $257 million through BitClout's token sale, allegedly misleading investors about fund usage. The SEC claims he spent over $7 million on personal expenses, including a Beverly Hills mansion and family gifts, instead of compensating employees.
QUICK BITE Following recent global shifts and economic changes, meme coins have shown impressive resilience and flexibility. Established players like Dogecoin and Shiba Inu are making comebacks, while politically themed
The London-based neobank has been waiting for years to reach this point after applying for a UK banking license in 2021.
The Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget speech on July 23 made no mention of cryptocurrencies. It has left the crypto industry in India in a state of uncertainty.
“We're reaching out to 500+ exchanges to block the identified addresses. Many exchanges are cooperating with us, and we are actively working with them on additional resources to aid our recovery efforts,” said WazirX.
