Crypto bad actors from the Democratic People’s Republic of Korea have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but […]
Category: Regulation News
Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors
Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery”.
SEC reverses decision on sealing, redacting some documents in Binance.US case
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however.
Sam Bankman-Fried says, ‘I did what I thought was right,’ in leaked docs: Report
Documents provided by crypto influencer Tiffany Fong reportedly revealed details about the former FTX CEO’s life under house arrest and his relationship with Caroline Ellison.
Celsius and Core Scientific propose $14M settlement for litigation
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core […]
JPEX hikes withdrawal fee to almost $1k after Hong Kong watchdog warning
Community members posted reports that the crypto exchange’s staff has abandoned their booth at the Token 2049 event in Singapore after the warning.
Hong Kong politician responds to Vitalik’s comments about crypto-friendliness
Johnny Ng of Hong Kong’s Legislative Council said he “sincerely invites” Vitalik Buterin to Hong Kong to better understand the situation regarding its crypto-friendliness.
Hong Kong retains top crypto-ready position for two consecutive years
While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place […]
Two more top executives depart Binance.US amid layoffs, SEC action: Report
The Binance.US head of legal and chief risk officer have reportedly left the exchange while it faces an SEC suit.
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
The digital assets subcommittee heard from five opponents of a U.S. CBDC while giving supporters very little time.