Daily Insights: Updates on Crypto, Blockchain, NFTs, Web3, and Play-to-Earn Gaming

Massive $120 Million Fraud in the Crypto World: A Harsh Lesson for Investors In a stunning blow to the cryptocurrency community, a recent court ruling has highlighted the dark underbelly of investment schemes that too many have fallen prey to At the heart of this scandal is Sam Ikkurty and his company, Jafia, LLC, who were recently ordered by the U S District Court in the Northern District of Illinois to cough up more than $120 million in fines and restitution This comes after a damning verdict that exposed a fraudulent cryptocurrency scheme designed to deceive investors...

The Digital David vs Goliath: A Look into the GameStop Stock Phenomenon In an age where information flows as swiftly as the winds, the tale of Keith Gill, better known to the online world as “Roaring Kitty,” serves as a modern-day saga of David versus Goliath The U S District Court for the Eastern District of New York recently closed a noteworthy chapter in this story, dismissing a class action lawsuit that accused Gill of manipulating the stock market during the fervent rally of GameStop (GME) shares in 2021...