Judge pushes Mango Markets exploiter sentencing to April 10
Avi Eisenberg was found guilty of fraud and market manipulation in April 2024 and could face up to 20 years in prison.
Related Posts
What directional liquidity pooling brings to DeFi
Modern decentralized exchanges (DEXs) mainly rely on liquidity providers (LP) to provide the tokens that are being traded. These liquidity providers are rewarded by receiving a portion of the trading fees generated on the DEX. Unfortunately, while liquidity providers earn an income via fees, they’re exposed to impermanent loss if the price of their deposited…
Bithumb Exchange to Launch Cryptocurrency Listing Committee
South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform.A monthly check by expertsSouth Korean news daily Yonhap News reported the formation of Bithumb’s new committee on Aug. 22. The committee, entitled the Listing Eligibility Deliberation Committee, will review the exchange’s listings…
SEC reportedly launches investigation into insider trading on exchanges
The commission could be performing routine check-ups on the exchange in question, or it could be looking for specific compliance violations to litigate against. 252 Total views 2 Total shares The Securities and Exchange Commission (SEC) has reportedly launched a probe to discover how crypto exchanges are working to prevent insider trading.FOX Business reported on…
Bitcoin More Efficient for Paying Taxes in Canada, Says Local Exchange
Evan Kuhn, the co-founder of Toronto-based cryptocurrency exchange Coinberry, has claimed Bitcoin (BTC) is more efficient for paying taxes than bank cards.As real estate news outlet Mansion Global reported on Aug. 22, Kuhn said his company takes much lower fees than the ones that card institutions impose on their clients, adding: “A credit card company charges…
Regtech Startup Coinfirm to Investigate XRP’s Compliance With AML Provisions
Regulation technology startup Coinfirm will investigate how cryptocurrency Ripple (XRP) is being used, Forbes reported on June 26.San Francisco-based tech startup Ripple, which is largely behind XRP, has signed an agreement with Coinfirm, wherein the latter will explore XRP's compliance with anti-money laundering (AML) provisions.Within the investigation, Coinfirm will reveal information such as whether XRP…
Bitcoin mining power crunch: Kazakhstan looks toward nuclear solution
The country saw a great influx of miners this year, but it might have to sacrifice the immense tax revenue from Bitcoin miners if power grid issues are not resolved. 251 Total views 26 Total shares The exodus of Bitcoin miners from China into Kazakhstan has contributed to an energy crunch that the central Asian…
Pennsylvania, Wisconsin drive surge in crypto interest among swing states
According to a16z’s “State of Crypto” report, crypto interest has surged in three of the top five swing states since 2020.
RFK Jr. latest to vow end to US crypto ‘hostility’
Independent U.S. presidential bidder Robert F. Kennedy Jr. wants to keep America as “the hub of blockchain technology” and end laws driving companies abroad.