Crypto
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Crypto firm fails in court bid to force BC Hydro to power itA cryptocurrency mining company has lost a bid to force BC Hydro to provide the vast amounts of power needed for its operations.EconomyFeb 5
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Nova Scotians lost more than $750K to crypto fraud this year: securities commissionThe Nova Scotia Securities Commission has issued a warning to be vigilant when investing in crypto as people are losing 'substantial amounts of money to crypto-related scams.'CanadaDec 19, 2023
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Criminal use of cryptocurrency to keep growing, Canada’s Fintrac warnsThe agency, known as Fintrac, says the most prevalent form of money laundering involving virtual currencies is the movement of proceeds of fraud and ransomware attacks.CrimeDec 4, 2023
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After Sam Bankman-Fried’s conviction, will cryptocurrency regulation gain traction?Efforts to put guardrails on the cryptocurrency industry after the collapse of FTX and other exchanges last year have gone nowhere as lawmakers focus on other issues.TechNov 3, 2023
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Sam Bankman-Fried trial: What charges does he face over FTX’s collapse?Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded and led.MoneyOct 3, 2023
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Former FTX exec says he illegally donated millions to Democrats, RepublicansRyan Salame, the former co-chief executive of FTX Digital Markets, is the fourth high-ranking official at the company or its affiliates to plead guilty to criminal charges.U.S. NewsSep 7, 2023
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FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, othersThe lawsuit said the defendants continually misappropriated funds to finance luxury condominiums, political contributions and other "pet projects" while committing alleged fraud.MoneyJul 20, 2023
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Calgary police warn of cryptocurrency scam involving officer impersonationsPolice said scammers often use high-pressure and fear-based tactics to get payment quickly, advising people to take the time to verify the situation.CrimeJul 5, 2023
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U.S. regulators sue Coinbase, joining Binance as crypto exchanges under scrutinyCoinbase, the largest U.S. cryptocurrency exchange, has been accused of operating illegally without having first registered with the regulator.U.S. NewsJun 6, 2023
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Bitcoin tumbles as U.S. regulators sue crypto exchange BinanceU.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a "web of deception."MoneyJun 5, 2023
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