FTX collapse fallout: Nishad Singh and others cooperating with prosecutorsFebruary 19, 2023The former director of engineering of FTX, Nishad Singh, is reportedly in negotiations with federal prosecutors in order to reach a plea deal regarding fraud charges that were filed against him for his alleged involvement in the grand scheme that led to the exchange's downfall... |
SEC charges Singapore-based Terraform Labs and founder Do Kwon with multi-billion dollar crypto securities fraudFebruary 17, 2023The Securities and Exchange Commission (SEC) has recently filed a complaint in the U.S. District Court for the Southern District of New York, charging Singapore-based Terraform Labs PTE Ltd and Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud... |
Abu Dhabi's Hub71 launches $2 billion initiative to support Web3 start-upsFebruary 16, 2023Abu Dhabi's Hub71 is a new and growing technological ecosystem, and has recently unveiled its latest initiative dubbed "Hub71+ Digital Assets", which boasts an absolutely massive capital commitment of over $2 billion USD... |
Former FTX CEO Sam Bankman-Fried under scrutiny for VPN use amid ongoing legal battleFebruary 14, 2023In a court filing, the government raised concerns over Bankman-Fried's use of the technology on several occasions over the past two months, including during the Super Bowl... |
SEC Chair Gary Gensler urges cryptocurrency businesses to register and respect the lawFebruary 11, 2023In the wake of the Securities and Exchange Commission (SEC) reaching a settlement with Kraken, the chair of the SEC, Gary Gensler, has issued a clear warning to all other cryptocurrency businesses, imploring them to "come in and respect the law"... |
The hunt for Terra ecosystem founder and crypto fugitive Do Kwon reaches SerbiaFebruary 8, 2023The hunt for the founder of the Terra (LUNA) ecosystem Do Kwon has been stepped up by South Korean officials, who are believed to have sent two individuals to Serbia last week to search for him. |
Interpol's proactive approach to combat crimes committed in the MetaverseFebruary 5, 2023The International Criminal Police Organization, more commonly known as Interpol, is taking a proactive approach to the rising popularity and adoption of the metaverse, a virtual world that is becoming increasingly popular... |
Centralized control over the crypto market: The 4 owners controlling Tether (USDT)February 3, 2023A new report by the Wall Street Journal has shed light on the previously unknown ownership structure of Tether Holdings Limited, who is the issuer of the world's largest stablecoin Tether (USDT)... |
Twitter's upcoming payment feature could have crypto integrationJanuary 30, 2023Twitter CEO Elon Musk has instructed the company's developers to construct the platform's payment system in a manner that enables the integration of cryptocurrency functionality in the future... |
Robinhood's Twitter account gets hacked and promotes scam BNB tokenJanuary 26, 2023The Twitter account of the popular crypto and stock trading platform Robinhood was hacked by an unknown group or individual yesterday... |