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South Korea’s four largest digital currency exchanges, Upbit, Coinone, Bithumb, and Korbit have announced a shared initiative to increase anti-money laundering (AML) efforts and promote a healthier trading environment. According to a press release CoinReport received from PR firm...

Biggest American digital currency exchange Coinbase has cut a small number of staffers in its fraud, compliance and customer support departments, reports Yahoo Finance. The web services provider’s financial news outlet says the cryptocurrency exchange confirmed the cuts but would...

International attorney Dr. Jonathan Levy announced in an email he sent to CoinReport a global class action lawsuit alleging unlicensed banking, unfair business competition and fraudulent practices by cryptocurrency operators. The lawsuit is Christopher Strunk vs. Satoshi Nakamoto...

On Wednesday, Hong Kong lawmakers called on authorities to ban Bitcoin as more than 25 people went to police to file complaints over a scheme involving Bitcoin that reportedly could have duped investors of up to $387 million, reported Reuters. The government should clamp down on...

Not many people knew that Andreas Antonopoulos was Neo & Bee’s consultant. After the recent posting by Neo & Bee’s former employees, Antonopoulos released a lengthy statement on his blog regarding his role in the matter. Antonopoulos writes that he was very surprised by...

Former employees of Neo & Bee, George Papageorgiou, the ex- COO, and Øystein Aaby, the ex- Compliance and Risk Management Officer, took to reddit to give their take on the company. They felt that after Danny Brewster, the CEO of Neo & Bee, made a new statement regarding...

Last Friday, a warrant was issued for Neo & Bee’s Danny Brewster under the allegation of fraud. In fact, Cyprus Mail was told that Brewster was a person of interest in the whole fraud case. However, at the time, the Neo & Bee CEO was nowhere to be found. As a result of...