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Tag Archives: Denies

Binance Co-Founder Denies Rumors of Company’s Plans to Build Blockchain Country on Private Island

Co-founder of Binance crypto exchange He Yi has dismissed the sci-fi-esque claims of a Chinese fintech media platform that his company has hatched a so-called “Genesis Plan.” The plan was to build Binance’s own blockchain-powered country on a private island, QQ News reports Wednesday, May 16. The fintech media outlet, ‘Yibencaijing,’ reportedly a reputable platform, cited “insider sources familiar with ...

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Supreme Court Denies Interim Injunction Against Reserve Bank Of India Restrictions

The Supreme Court of India declined to grant an interim injunction against the Reserve Bank of India (RBI) circular banning banking services for companies dealing in cryptocurrency, according to a Twitter post by Crypto Kanoon May 11. Crypto Kanoon is a team of Indian lawyers engaged in crypto regulatory analysis and legal awareness. Supreme Court declined to grant interim injunction ...

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US Judge Denies Alibaba’s Request To Stop Alibabacoin From Using Matching Name

A US court has ruled this week against the Chinese e-commerce giant Alibaba’s request for an injunction against the Dubai-based Alibabacoin Foundation (ABBC Foundation) due to their similar names, Forbes Middle East reported yesterday, May 1. In the beginning of April, Alibaba sued the ABBC Foundation for copyright infringement, alleging that Alibabacoin engaged in “prominent, repeated, and intentionally misleading” behavior ...

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Nexon Korea CEO Denies Rumors of Acquiring Bitstamp for $350 Million

Join our community of 10 000 traders on Hacked.com for just $39 per month. Video game company, Nexon Korea’s CEO, Lee Jung-hun has issued a statement in a press conference denying the rumors of a Bitstamp acquisition. The rumors, which hit the headlines yesterday, suggested the oldest bitcoin exchange was up for sale and that the South Korean gaming company ...

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South Korean Games Firm Nexon Denies Bitstamp Acquisition

Lee Jung-hun, the CEO of Nexon Korea, stated yesterday that the company has no intention of acquiring Bitstamp. The news comes contrary to rumours that began circulating based on an article published on Business Insider. Acquisition Rumours Quashed by Nexon CEO Himself Lee Jung-hun stated in a press conference at his company’s headquarters in Pangyo, Korea on Wednesday that there ...

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 Binance CEO Zhao “Denies All” Sequoia Allegations in Hong Kong Lawsuit

Join our community of 10 000 traders on Hacked.com for just $39 per month. Binance chief Zhao Changpeng, founder of the world’s largest cryptocurrency exchange, has formally denied allegations made by venture capital firm Sequoia Capital about a failed funding deal. As reported yesterday, a subsidiary of Sequoia Capital China sued Zhao in a Hong Kong lawsuit claiming the crypto ...

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Goldman Sachs Hires Crypto Trader to Head Digital Assets Division [But Still Denies it’s Launching Trading Desk]

Join our community of 10 000 traders on Hacked.com for just $39 per month. Goldman Sachs has hired a securities trading veteran to help the firm develop a digital asset strategy, but the investment banking giant continues to deny that it is launching a cryptoasset-focused over-the-counter (OTC) trading desk. According to business news outlet Tearsheet, Goldman Sachs quietly hired Justin ...

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Bitfinex Denies Fraud Allegations Tied To Confiscated Funds In Poland

On April 7, Cointelegraph reported on a controversy surrounding Bitfinex, after Polish prosecutors reportedly seized €400 mln from two accounts at a little-known Polish bank, one of which was allegedly linked to Bitfinex. Suspicion had been raised in Polish media that the confiscated funds were involved in an international fraud and money-laundering scheme, in which criminals had been converting laundered ...

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OKEx Denies Responsibility for Bitcoin Price Crash on Futures Exchange

Join our community of 10 000 traders on Hacked.com for just $39 per month. Cryptocurrency exchange giant OKEx is pushing back against allegations that it is responsible for market manipulation that caused the Bitcoin price to crash below $5,000 on its futures exchange last week. In a statement released Wednesday, the Hong Kong-based exchange denied allegations that it had actively ...

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Insurance Company Denies Hacked Crypto Exchange’s Damages Claim

Yapian Corp., the operator of twice-hacked crypto exchange Youbit, has been denied their insurance claim of $2.8 mln for last December’s hack of an alleged 17 percent of their assets, the Wall Street Journal reported March 29. The mid-December security breach of South Korean Bitcoin (BTC) exchange Youbit led the company to file for bankruptcy, with 75 percent of customers’ ...

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