Partner of ex-FTX exec pleads not guilty to campaign finance charges
Michelle Bond was free on a $1 million bond and restricted from traveling outside the continental US, while her partner Ryan Salame is expected to report to prison on Oct. 11.
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It remains unclear if Durov has been officially arrested or charged.
SEC argues against Dentons’ motion to dismiss Terraform and Do Kwon’s lawsuit
Lawyers for Terraform Labs and Do Kwon used a U.S. Congress hearing, Binance.US complaint and Hinman emails documents to dismiss the SEC lawsuit. 319 Total views 3 Total shares Lawyers representing the United States Securities and Exchange Commission (SEC) have argued that the additional documents submitted by Dentons — the law firm representing Terraform Labs…
Celsius founder Alex Mashinsky broke US rules, say CFTC investigators: Report
If the majority of CFTC commissioners agree with that conclusion, it could file a case in federal court. Investigators from the Commodity Futures Trading Commission have reportedly concluded that bankrupt crypto lender Celsius and its former CEO Alex Mashinsky broke U.S. rules before the company collapsed.According to a July 5 report from Bloomberg, citing sources familiar…
KuCoin CEO slams insolvency rumors citing “no plan to halt withdrawal”
Rumors linked KuCoin’s intent to stop withdrawals with the Terra (LUNA) and the 3AC collapse, which according to the warnings, led to “immense suffer” for the exchange. 480 Total views 2 Total shares Crypto exchange KuCoin found itself at the center of discussion when a sub-community of Crypto Twitter started warning investors about an incoming…
Crypto Biz: DCG’s ‘carefully crafted campaign of lies’?
The monumental collapse of FTX didn’t just destroy a crypto exchange and wipe out billions in customer deposits — it also exposed accounting irregularities at Barry Silbert’s empire, the Digital Currency Group, or DCG. That’s according to Bitcoin (BTC) billionaire and Gemini co-founder Cameron Winklevoss. The FTX blow-up caused Genesis Global Trading, another DCG firm,…
WazirX slams external forces for delaying restructuring efforts
This restructuring plan is expected to provide greater clarity on the steps WazirX will take to stabilize its operations and protect its users’ interests.
Bitcoin core non-profit gets approved for tax exemption, perks for donors
501(3)(c) status boosts the project's legitimacy as well as its efficiency in using donations. 2366 Total views 11 Total shares A new non-profit aiming to fund Bitcoin development education and research has been approved for special tax status, conferring benefits on donors.Brink, which launched in the fall, has been approved as a 503(c)(3) organization according…