BeInCrypto
@beincrypto
Global crypto news media est. 2018 ¦ breaking news, analysis, podcasts & more.
2K Following 87.6K Followers
A federal judge dismissed ripple:native influencer Jake Claver’s defamation lawsuit against Zach Rector.
The court found no actionably false statements in Rector’s videos.
But the case surfaced something bigger...
Claver had previously admitted to fabricating emails, wire transfer confirmations and a fake wallet balance of over $1M.
Rector is now entitled to recover his legal fees.
Source: @SugarXRPL
Show more
Stablecoins made it much easier to move money out of Latin America.
We spoke to five industry executives about what this shift means, and what could persuade that money to return.
Featuring insights from:
- Farhad Farhadi, @Intelliwealth_
- @degenroot, @raikucom
- @kkvanderleest, @BVNKFinance
- @MerlinEgalite, @Morpho
- @apnmrev, @xplaceapp
The piece builds on our latest BeInCrypto Intelligence report, "The Exodus Economy", which traces six routes money takes out of the region and audits 12 products marketed as dollar accounts.
Show more
BitMart Exchange is under fire over frozen withdrawals, with users demanding to know where their money is.
CEO Sheldon Lee says the accusations are “fabricated rumors,” but users are asking for verifiable reserves and a repayment plan by August 19.
Former staff say they’re still waiting on salaries too.
Meanwhile, on-chain sleuth @zachxbt questioned why BitMart isn’t simply returning the funds if it has the liquidity to do so.
Show more
