Class action claims Believe founder collected $54M while diluting token holders
A class action lawsuit has accused Believe founder Ben Pasternak of extracting $54 million in fees through token migrations tied to Launchcoin while leaving investors...
Tag : token
Crypto projects shut down as token models fail under pressure
A wave of crypto shutdowns is unfolding across the industry this year, hitting projects from trading platforms to analytics tools. April was no exception, as...
Bitget Launches Pre-IPO Token Trading Starting With SpaceX on Solana
Bitget has launched IPO Prime, a platform offering tokenized exposure to private companies before they go public, with SpaceX as the first listing via a...
Pi Network Launches PiRC1 Token Framework Requiring Real Apps Before Any Token Can Be Issued
Pi Network has introduced PiRC1, a new token issuance framework launched under Protocol 22 on April 22, that bars projects from issuing tokens unless they...
Founder of Solana Token Launchpad Believe Arrested on Assault, Strangulation Charges
In brief Prosecutors charged Benjamin Pasternak with strangulation and assault over a March 31 incident. Pasternak was arraigned and pleaded not guilty; his next court...
Justin Sun Sues World Liberty Financial Over WLFI Crypto Token Freeze
Justin Sun has filed a federal lawsuit in California against World Liberty Financial, alleging breach of contract, fraud, and conversion after WLFI crypto froze approximately...
RaveDAO's RAVE token risks another 50% crash amid price manipulation claims
RavenDAO’s RAVE token lost over 98% of its value over the weekend, and the hourly chart now warns of another massive drop in the coming...
RaveDAO Token Crashes, Sheds $6.6 Billion in Value as Exchanges Probe Alleged Manipulation
In brief RaveDAO’s little-known token erased $6.6 billion in market cap after ZachXBT called on exchanges to investigate whether RAVE was being manipulated. The token,...
ZachXBT asks MemeCore to explain valuation and token supply
Onchain investigator ZachXBT publicly challenged MemeCore on Monday to justify the valuation and supply distribution of its M token, asking the project to explain its...
RAVE shocker: token plunges 95% as scrutiny intensifies
RaveDAO’s RAVE token fell sharply over the past two days, dropping from $26 to below $1 and extending losses on Monday. Summary RAVE plunged from...