The Forsage Founders Are Facing Charges In A $340 Million DeFi Cryptocurrency Fraud
A federal grand jury in the District of Oregon charged four creators of Forsage, a cryptocurrency investment platform, for their alleged involvement in a worldwide Ponzi and pyramid scam that collected roughly $340 million from victim investors.
As The Crypto Industry Approaches Regulation TMSN, And DOT Offer New Options
Ripple and other cryptocurrency initiatives have faced regulatory challenges. TMS Network (TMSN), and Polkadot (DOT), however, are taking the lead with regulatory-compliant, user-focused utilities.
Relocation And Exchange Launch: Huobi's Latest Move in Hong Kong
The relocation is part of Hong Kong's plans to become a digital asset center, and Huobi's Asia headquarters will be transferred from Singapore to Hong Kong as well.
Breaking: Another Hedge Fund Collapses In Foray Of FTX; Market To Decline?
According to Galois Capital, they don't think FTX can continue operating, especially when considering its impact.
FTX Japan Restarts Withdrawals Of Client Funds
FTX Japan, the Japanese division of FTX.com, has begun the process of moving customer funds out of its collapsed platform. The move comes after the company launched beta testing for a balance transfer process for a randomly selected group of customer accounts.
SEC Rule Change May Put Pressure on Crypto Platforms
The US Securities and Exchange Commission (SEC) has proposed new rules to regulate the custody of cryptocurrencies by investment advisers such as hedge funds and pension funds.
Kraken Is Being Investigated By The SEC For Unregistered Securities Listings
The US Securities and Exchange Commission (SEC) is investigating the cryptocurrency exchange Kraken for providing digital assets that may qualify as unregistered securities.
Wazirx, An Indian Cryptocurrency Exchange, Calls Binance's Allegations "False And Unsubstantiated"
Indian cryptocurrency exchange Wazirx has disputed Binance's claims about the two cryptocurrency exchanges' ties. Emphasizing that the claims "are unfounded and unsubstantiated."
BlockFi permitted to pay $10M in staff bonuses in spite of bankruptcy
According to previous sources, the company retains approximately 125 employees.
7 Reasons to Believe in Crypto After 2022 Implosion
In 2022, cryptocurrency nearly imploded. But there are lots of reasons to be optimistic.
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