cryptocurrency industry

BlockFi to Wind Down Operations, Return Assets to Customers
BlockFi to Wind Down Operations, Return Assets to Customers
October 24, 2023  |  Cryptocurrency

Crypto lender BlockFi has announced that it will wind down its operations and begin returning crypto assets to customers. BlockFi has emerged from bankruptcy and will now...

READ MORE >
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
Gemini, DCG Face Lawsuit Alleging $1.1 Billion Fraud
October 19, 2023  |  Cryptocurrency

Crypto exchange Gemini and venture capital firm Digital Currency Group (DCG) are facing a lawsuit filed by New York Attorney General Letitia James, alleging the companies defrauded customers of $1.1...

READ MORE >
Binance France Director Resigns, 5th Top Exec to Leave in 4 Months
Binance France Director Resigns, 5th Top Exec to Leave in 4 Months
October 18, 2023  |  Personnel

Stéphanie Cabossioras has resigned as the managing director of Binance’s French unit, the latest in a line of leaders to depart the cryptocurrency exchange. Cabossioras,...

READ MORE >
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023  |  Legal

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with...

READ MORE >
Sam Bankman-Fried’s Defense Lawyers Seek Delay in Fraud Trial
Sam Bankman-Fried’s Defense Lawyers Seek Delay in Fraud Trial
August 30, 2023  |  Legal

The criminal fraud trial of FTX founder Sam Bankman-Fried is reportedly facing a potential delay. Bankman-Fried’s defense lawyers have raised concerns about the limited time...

READ MORE >
More Than 500 Scam Tokens Detected on Coinbase’s Base Blockchain
More Than 500 Scam Tokens Detected on Coinbase’s Base Blockchain
August 16, 2023  |  Cryptocurrency

More than 500 scam tokens have reportedly been deployed by developers on Base, the new blockchain launched by crypto exchange Coinbase. These efforts have resulted in scammers pocketing around...

READ MORE >
SEC Chair Expresses Disappointment in Ripple Labs Ruling
SEC Chair Expresses Disappointment in Ripple Labs Ruling
July 17, 2023  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chair Gary Gensler reportedly said the agency is “disappointed” in last week’s court ruling in its case against Ripple Labs....

READ MORE >
US Judge Rules Ripple’s Cryptocurrencies are Securities, But Only Sometimes
US Judge Rules Ripple’s Cryptocurrencies are Securities, But Only Sometimes
July 13, 2023  |  Cryptocurrency

A U.S. District Judge ruled Thursday (July 13) that cryptocurrencies sold to institutional investors by Ripple are securities under federal regulations. “Institutional buyers would have understood that...

READ MORE >