A Paris court sentenced a former Holograph Foundation employee to five years in prison, with two years to serve and three years suspended, for illegally creating 1 billion HLG tokens worth about $14 million in 2024. The defendant exploited his former position to alter token minting permissions and transferred the stolen tokens through exchange accounts with two accomplices, who also received prison sentences and fines. The court rejected Holograph's claim for compensation related to the token's market price decline but ordered the defendants to pay €1.15 million for direct losses. The foundation faces possible liquidation due to operational disruptions from the incident.
The case of a former Holograph employee sentenced for a $14 million HLG token theft is presented here with Pluang's market data as of Nov 08, 2026 14:01 WIB. On that day, out of 50 major cryptocurrencies priced on Pluang, 11 rose and 38 fell. Notable price changes include EGLD at Rp54.845 with a -5.48% change and 100% buy order activity, ZIL at Rp30 with a -5.02% change and 55% buy order activity, and FIL at Rp14.193 with a -3.62% change and 87% buy order activity. The most notable figure is EGLD's -5.48% price change.
Bitcoin fell nearly 6% from above $80,000 to around $76,000 amid weak chip company results and concerns over tighter data-center regulations by a Democratic-controlled Congress. Investors also pulled about $430 million from U.S. spot Bitcoin ETFs, si...
Morgan Stanley highlighted that Bitcoin is increasingly becoming a part of investment portfolios, recognizing its role as a digital equivalent to gold. The bank noted a growing demand for Bitcoin among investors, signaling its acceptance as a valuabl...
David Schwartz, former CTO of Ripple and an original architect of XRP Ledger, addressed accusations that he is responsible for XRP's price decline. He admitted his influence on XRP's price is minimal but not zero, amidst a year-long 50% drop in XRP's...
Solana Company, a Nasdaq-listed digital asset treasury firm, is expanding its Hong Kong business, which currently has fewer than 10 employees, to capitalize on growing tokenization demand. The company has made Hong Kong its Asia-Pacific headquarters ...
Lenovo is well-positioned to capitalize on increasing AI infrastructure investments outside the U.S., particularly in China, Europe, and Asia-Pacific. The company trades at low valuation multiples with improving profitability, including adjusted net ...
