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FTX Customers Claim Law Firm Had ‘Key’ Role In Crypto Exchange’s Fraud – Details – MAXBIT
In a new legal development, FTX customers claim that law firm Fenwick & West was a “key” player in the multi-billion-dollar fraud, alleging that the Silicon Valley firm was intertwined in many aspects of the crypto exchange’s operations. Customers Amend FTX Law Firm Track Complaint On Monday, FTX customers filed… Listen ⇢
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Dogecoin Crosses $3.41 Billion in Open Interest Amid Hourly Shift – MAXBIT
As Dogecoin returns to the spotlight, investors’ confidence in the leading memecoin remains strong. Amid the broad crypto market rebound that saw its price hit $0.24 on August 12, data from Coinglass shows that DOGE’s open interest across all supported exchanges has surged significantly. Per the data, the dog-themed meme… Listen ⇢
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US takes down sites, seizes $1M from crypto ransomware gang BlackSuit – MAXBIT
US and international law enforcement agencies have taken down servers and websites linked to the BlackSuit ransomware group and seized $1 million in crypto. The US has seized servers, domain names, and around $1 million in crypto assets from the ransomware group BlackSuit. The Justice Department said on Monday that… Listen ⇢
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Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee’s Massive ETH Treasury Bet and Fed Rate Cut Hopes – MAXBIT
Ether (ETH) has climbed 5% in the past 24 hours to $4,470, its highest price since December 2021. Helping the bullish action in crypto in general was Tuesday morning’s Consumer Price Index report. While the data was mixed and inflation remains above the Federal Reserve’s 2% target, market participants lifted… Listen ⇢
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Do Kwon pleads guilty on two charges, faces potential 12-year sentence – MAXBIT
Do Kwon pleaded guilty to federal fraud charges in Manhattan court, with his sentencing set for Dec. 11. As Inner City Press reported on Aug. 12, Kwon admitted he orchestrated a cryptocurrency scheme that prosecutors allege caused over $40 billion in losses when LUNA and TerraUSD tokens collapsed in May… Listen ⇢
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Internet Computer (ICP) Surges 6.76% as Bulls Test $6.00 Resistance Level – MAXBIT
Zach Anderson Aug 13, 2025 04:02 ICP price rallies to $5.75 (+6.76%) after bouncing from $5.29 support, with bullish momentum building as the token approaches key resistance at $6.00. Quick Take • ICP currently trading at $5.75 (+6.76% in 24h)• Internet Computer’s RSI at 57.36 shows neutral momentum with room… Listen ⇢
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Do Kwon Pleads Guilty in U.S. Fraud Case Over $40 Billion TerraUSD Collapse – MAXBIT
Do Kwon pleads guilty to U.S. fraud charges over TerraUSD collapse, facing up to 25 years in prison. Do Kwon, a South Korean cryptocurrency entrepreneur, pleaded guilty on Tuesday, August 12, 2025, to two U.S. charges. According to Reuters, these charges were conspiracy to defraud and wire fraud. Kwon, aged… Listen ⇢
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Ethereum Powers Up Another 5%, Eyes a Big Breakout at $4,800 – MAXBIT
Ethereum price found support near the $4,200 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,620 zone. Ethereum started a fresh increase above the $4,250 and $4,350 levels. The price is trading above $4,400 and the 100-hourly Simple Moving Average.… Listen ⇢
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What’s Next? Coinbase CEO Hints at Following DEX Trading Launch – MAXBIT
Major crypto exchange Coinbase has entered a new era with DEX (decentralized) trading now integrated directly into the Coinbase app. Through the move, users will be able to trade millions of on-chain assets directly in the crypto exchange’s app. At launch, users will be able to trade a growing list… Listen ⇢
Meet the podcast host, Emily Grace.
Emily Grace is a writer at crypto.readnow.cc, covering the latest trends, news, and insights in the world of cryptocurrency and blockchain.
