CZ & Binance Sued Over FTX Downfall.
A California resident named Nir Lahav has filed a class-action lawsuit against Binance and its CEO, CZ.Lawsuit claims Binance and CZ violated laws by harming competitor FTX in an alleged…
CFTC Targets Mosaic Exchange Limited in Alleged Crypto Fraud Case.
CFTC Commissioner calls Mosaic exchange scheme a ‘sham’ and ‘virtual house of cards.’The US commodities regulator has targeted yet another crypto exchange for allegedly running a “fraudulent” digital asset commodity…
AirBit Club Co-Founder Sentenced to 12 Years in Prison for Crypto Pyramid Scheme.
Six AirBit executives had previously pleaded guilty for their roles in the Ponzi scheme.Pablo Rodriguez – the co-founder of the cryptocurrency pyramid scheme AirBit Club – was sentenced to 12…
Do Kwon Denies Transaction Manipulation Disclosed in Slack Chat Log.
Do Kwon, co-founder of Terraform Labs, has disputed the relevance of leaked Slack chats used as proof. Investor attraction via transaction manipulation was a topic of conversation between co-founder Daniel…
VanEck Allocates 10% of Ether ETF Profits to Ethereum Developers.
VanEck argues that asset managers should give back to the community.The firm’s forthcoming Ethereum Strategy ETF would invest in Ether futures contracts.On September 29th, global asset management VanEck made an…
Bitwise Announces ETH Futures ETF Commencement on Oct 2
The U.S SEC has yet to rule on the spot Bitcoin ETF applications from several giants. The firm backs Ethereum over Bitcoin as stated by the company’s CIO. Bitwise Asset…
SEC Sues Former Goldman Sachs Analyst for Insider Trading.
The U.S. Securities and Exchange Commission has charged a former analyst at Goldman Sachs and Blackstone, for alleged insider trading.On Sept. 28, the SEC charged Anthony Viggiano for insider trading…
FTX Hacker Moves $8 Mllion in Stolen Funds for the First Time in 10 Months.
FTX hacker have moved $8 million in stolen funds so far.As FTX faced its dramatic collapse, a mysterious hacker absconded with hundreds of millions of dollars. 10 months later, on-chain…
Toncoin (TON) Witnesses Brief Correction; Further Decline Likely?
TON has decreased in value by 5.81% in the last 7 days as per data from CMC.The price has faced brief correction after encountering resistance at $2.58 level.The crypto market…
Coinbase Extends Withdrawal Deadline for Indian Users.
The decision of service halt was most recently prompted by rising regulatory barriers there. Coinbase has said that it remains committed to the Indian market.Coinbase has informed its Indian customers…