Daniel Ianello has asked a Tennessee court to dismiss a lawsuit accusing him of orchestrating an exit scam after taking over a crypto project. Daniel Ianello, a man accused of orchestrating an exit scam involving a crypto project known as The Phoenix, has filed a motion to dismiss a lawsuit brought against him in a Tennessee federal court. According to the complaint, Ianello took over Phoenix Community Capital in October 2022 and allegedly executed an exit scam. After taking control of The Phoenix’s (FIRE) assets, he allegedly shut down its smart contracts. Plaintiffs claim he then “moved hundreds of thousands of dollars in investor money, began deleting posts on Discord […] deleted earlier versions of Phoenix’s website, and announced the ‘smart contracts’ would not be restored.” Read more
The bodies of Liverpool footballer Diogo Jota and his brother Andre Silva arrived in northern Portugal on Friday for a wake in their hometown, as tributes continued to pour in after they died in a car accident in Spain. A convoy of hearses left for Gondomar near Porto on Thursday evening from the morgue of Puebla de Sanabria, near where the Lamborghini the brothers were travelling in had veered off the road and burst into flames after midnight early on Thursday. Police said they suspected a tyre had burst. Jota’s wife Rute Cardoso, who had married the footballer just weeks earlier, was seen leaving the morgue and joining the convoy, as was Jota’s longtime agent Jorge Mendes. A wake is expected to take place at a chapel in Gondomar from 4pm (8pm PKT) and a funeral on Saturday at a church nearby at 10am local time, Gondomar’s mayor’s office said. Portugal’s Prime Minister Luis Montenegro arrived in the village on Friday morning. Portugal’s Prime Minister Luis Montenegro arrives at the Chapel of the Resurrection...