BlockPress

BlockPress

Crypto leverage trader James Wynn loses $25M on Bitcoin bet

High-Profile Crypto Trader Suffers $25 Million Liquidation Amidst Market Manipulation Claims The cryptocurrency market witnessed a significant event recently with the liquidation of prominent hyperliquid leverage trader James Wynn. Wynn, known for his aggressive trading strategies, reportedly lost 240 Bitcoin,…

SEC wins $1.1M as alleged crypto conman a no-show in court

In 2023, the Securities and Exchange Commission (SEC) initiated legal action against Keith Crews, alleging his involvement in a cryptocurrency fraud scheme. The lawsuit detailed accusations of fraudulent activities within the cryptocurrency market, outlining how Crews allegedly orchestrated the scheme…