The lawsuit alleges that Compass Mining didn’t disclose to Bit River that it was only the ‘middleman,’ not the owner of its customers’ machines.
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Month: January 2023
FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato
FinCEN placed Binance next to the darknet market Hydra as a major counterparty receiving Bitcoin from Bitzlato.
Aussie ‘Big 4’ bank mints stablecoin for carbon trading and remittances
This marks the second “Big 4” bank in Australia to launch an Australian-dollar pegged stablecoin in a bid to boost the digital economy.
CFTC commissioner: Crypto exchanges shouldn’t ‘self-certify’ tokens
Commissioner Christy Goldsmith Romero wants crypto exchanges blocked from self-certifying crypto and crypto products before going live on their platforms.
FTX CEO fights to keep lawyers as calls for removal intensify
Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures.
Crypto recruitment execs reveal the safest jobs amid layoff season
The crypto industry has already seen more than 1,600 layoffs across the industry in the first two weeks of January.
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys CEO Joseph Lubin confirmed the company would be cutting 96 of its staff to focus its resources on its core businesses.
WEF 2023: CBDCs need to find a ‘real problem’ to solve, says SARB governor
The central bank governor highlighted that the South African Reserve Bank would rather follow than become a first mover in retail CBDCs.
Bitzlato and its founder face enforcement actions from US authorities
The Department of Justice, Treasury Department and French law enforcement seized many of Bitzlato’s resources and alleged the firm helped launder $700 million in illicit […]
FTX fallout: SBF trial could set precedent for the crypto industry
The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors […]