ZachXBT: Outdated laws allow bad actors to exploit legal differences to continue committing malicious acts in the crypto space.
the lawsuit against internet celebrity Logan Paul's CryptoZoo has been dismissed by a federal judge, who stated that "the jury cannot determine that Logan Paul's statements are misleading or fraudulent." ZachXBT stated that outdated laws allow bad actors to continue to exploit jurisdictional differences in the crypto field, and if a project is promoted with token value but fails to deliver substantial content, resulting in serious financial losses, responsibility should be held accountable. This case should have been simple, but it exposes institutional flaws. Bittex said this result will set a dangerous precedent. ZachXBT replied that he is concerned that the Bittensor hacker case may be similar, as privacy agreements and instant exchange processes are complex, making it difficult to explain why the hacker's deposit amount matches the amount extracted by former employees from the privacy agreement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana News Update: Institutional Trust in Solana Strengthens as Retail Markets Fluctuate
- Solana leads blockchain payment standardization efforts as Ripple acquires Palisade and invests $4B in crypto infrastructure expansion. - Forward Industries authorizes $1B Solana-backed share buyback, signaling institutional confidence in blockchain treasury systems. - Market volatility highlighted by $22.7M whale loss contrasts with SOL Strategies' 6.68% APY, showing diverging risk profiles between retail and institutional players. - Solana Company shifts regulatory focus to U.S. compliance to optimize
Bitcoin’s Price Rally in November 2025: Drivers, Background, and What It Means for Investors
- Bitcoin's November 2025 surge stems from regulatory shifts and stablecoin growth, redefining its role as a store of value over transactional use. - Institutional investors like Galaxy Digital are prioritizing mining infrastructure over tokens, mirroring traditional market capital allocation patterns. - ETF inflows and bearish price target revisions highlight a maturing market balancing macroeconomic efficiency with speculative momentum. - Investors are advised to focus on regulated ETFs, DePIN projects,
Bitcoin Updates: $100k Level Faces Pressure as Individual Investors Battle Large Holders
- Bitcoin fell below $100,915 on Nov 4, 2025, as retail traders (71.96% bullish) contrasted whale selling pressure, per Santiment and Coinotag. - Whale HyperUnit opened $55M long positions in BTC/ETH, while Tether added 961 BTC to reserves, signaling mixed institutional confidence. - Technical indicators show fragile support at $98,000, with JPMorgan raising 12-month BTC target to $170,000 amid ETF inflows resuming. - Analysts warn extreme retail positioning (72% long) risks cascading liquidations if key l
Bitcoin News Update: XRP's Death Cross and BTC Short Positions Trigger Bearish Market Downturn
- A major crypto trader linked to Roobet/Stake.com closed a $945K XRP short and expanded BTC shorts to 2,222 BTC ($224.5M), intensifying market volatility. - XRP fell 6% to $2.25 amid broader crypto weakness, with technical indicators warning of potential decline toward $1.72 if key support breaks. - OKX introduced a 10% price cap for RWA token indices to stabilize trading, though high-leverage shorts and macro risks threaten BTC's $90K-$95K support zone. - XRP's "death cross" pattern and Bitcoin's rising
Trending news
MoreCrypto prices
More
