Japanese Police Arrest 4 Men Allegedly Behind $55 Million Crypto Investment Scheme
Four alleged masterminds of the “Oz Project” have been arrested after duping investors across Japan for at least four years. According to investigators, the scheme raked in $55 million from about 20,000 investors, promising 2.5 times returns in four months. Police in Aichi Prefecture, Japan, said Monday that four men have been arrested for defrauding investors in a cryptocurrency investment scheme called the “Oz Project.” The police...
Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols
Data shows a number of groups from major universities are participating in decentralized finance (defi) governance. For instance, out of 15 of the largest voters in Uniswap’s last governance proposal, six of the major voters were tied to universities like Harvard, Berkeley, Stanford, Penn, Michigan, MIT, and Columbia University. Blockchain University Groups Identified as Major Players in Defi Governance Decisions Just recently,...
A Group of Users Is Battling Binance to Get Their Money Back After May’s Crash
A group of Binance customers are seeking to get their funds back after the platform froze in May. These users had leveraged positions and were unable to reduce them or close them. On May 19, Binance’s app crashed for more than one hour, leaving customers unable to manage their funds. These users are now pursuing legal action against the exchange in France and Italy. Users Organizing to Recover Funds From Binance A group of users...
Spotify Blocks Users For “Improperly Downloading” Tracks With Third-Party Software
Streaming services like Spotify have revolutionized music consumption online by offering access to massive libraries at a reasonable price. Premium subscribers are also able to save music locally to their own devices but these tracks are only playable within Spotify itself, meaning that those hoping to amass a private collection of music – playable on any device – are left disappointed. In an effort to fill this gap, numerous software...
4anime Shuts Down Abruptly Following Legal Pressure
Anime is extremely popular. Early on this was mostly limited to Japan, but nowadays, it’s a global phenomenon. In part, this worldwide success was facilitated by piracy. Some of the oldest torrent sites featured ‘anime’ categories and today this niche is serviced by dedicated piracy streaming portals. The success of these sites, some of which have millions of users, hasn’t gone unnoticed by rightsholders. Last year, anti-piracy...
