Rodney Burton, known as Bitcoin Rodney, admitted guilt in federal court for running an illegal money transmission business tied to the $1.8 billion HyperFund crypto fraud. The scheme promised daily profits of 0.5% to 1% through fake cryptocurrency mining and shut down in November 2022 after blocking withdrawals. Burton earned over $7.8 million and used celebrity endorsements to attract investors. He faces up to five years in prison with sentencing set for July 23, highlighting ongoing regulatory risks in crypto marketing.
Shiba Inu (SHIB) saw its market capitalization rise back above $3 billion on October 16, reaching $3.02 billion after briefly falling below that threshold. The token closed at $0.00000508, trading within a narrow range during the day. Despite this re...
Pi Network's token (PI) closed at $0.08066 on October 16, marking a recovery from its October 14 close below $0.08. Despite this rebound, the token remains below its October 11 close of $0.08334 and well under its September 9 high of $0.09977. Tradin...
Worldcoin (WLD) experienced a 4.06% price drop to $0.5129 within one hour on October 16, despite maintaining a 2.54% gain over the past 24 hours. This hourly decline coincided with $170,000 in long liquidations and $10,000 in short liquidations acros...
Kahn Swick & Foti, LLC has launched an investigation into Navan, Inc. following allegations that the company failed to disclose rising sales and marketing expenses during its October 2025 IPO. Navan had reported strong revenue and booking growth, but...
Solana (SOL) experienced a 2.05% price decline within one hour, reaching $104 on Binance's spot market as of Oct. 16. Over the same period, long position liquidations totaled $1.8 million across Binance, Bybit, and OKX, while no short positions were ...
