BSV investors file £9.9 billion class action lawsuit against Binance, Bittylicious, Kraken and Shapeshift
A £9.9 billion class action lawsuit has been filed against Binance, Bittylicious, Kraken and Shapeshift on behalf of BSV investors over the exchanges’ collective delisting of the digital asset. The four cryptocurrency exchanges are accused of colluding to damage the prospects of BSV by delisting the asset without good reason, thereby reducing, preventing or distorting competition in the United Kingdom in breach of the Competition Act 1998. Kraken and Binance are also accused of causing furthe...
BSV investors file £9.9 billion class action lawsuit against Binance, Bittylicious, Kraken and Shapeshift
A £9.9 billion class action lawsuit has been filed against Binance, Bittylicious, Kraken and Shapeshift on behalf of BSV investors over the exchanges’ collective delisting of the digital asset. The four cryptocurrency exchanges are accused of colluding to damage the prospects of BSV by delisting the asset without good reason, thereby reducing, preventing or distorting competition in the United Kingdom in breach of the Competition Act 1998. Kraken and Binance are also accused of causing furthe...
DROPs token founders Jeremy McAlpine and Zachary Matar sentenced in $1.9M ICO scam
Jeremy McAlpine and Zachary Matar, founders of the now defunct digital assets company Dropil, have been sentenced to U.S. federal prison for their involvement in an ICO scam that defrauded over 2,000 investors of approximately $1.9 million. According to a Central District of California Department of Justice (DOJ) press release, McAlpine, 26, and Matar, 29, pleaded guilty to one count each of securities fraud in August 2021. McAlpine will serve a three-year sentence, while Matar’s sentence is ...
DROPs token founders Jeremy McAlpine and Zachary Matar sentenced in $1.9M ICO scam
Jeremy McAlpine and Zachary Matar, founders of the now defunct digital assets company Dropil, have been sentenced to U.S. federal prison for their involvement in an ICO scam that defrauded over 2,000 investors of approximately $1.9 million. According to a Central District of California Department of Justice (DOJ) press release, McAlpine, 26, and Matar, 29, pleaded guilty to one count each of securities fraud in August 2021. McAlpine will serve a three-year sentence, while Matar’s sentence is ...
An Unknown Private Key
In ECDSA, the digital signature algorithm used in Bitcoin, signatures are composed of a pair of integers—r and s. r is the x-coordinate of a securely but randomly determined point on the elliptic curve, and s is a function of the private key used to create the signature and a hash of the message that is signed (in Bitcoin, the message is the transaction itself). For most use cases this is pretty straightforward—the holder of a private key can generate a signature, and others can validate that...
An Unknown Private Key
In ECDSA, the digital signature algorithm used in Bitcoin, signatures are composed of a pair of integers—r and s. r is the x-coordinate of a securely but randomly determined point on the elliptic curve, and s is a function of the private key used to create the signature and a hash of the message that is signed (in Bitcoin, the message is the transaction itself). For most use cases this is pretty straightforward—the holder of a private key can generate a signature, and others can validate that...
