As of 9 June, the hackers responsible for stealing BTC from cryptocurrency exchange Mt. Gox have been arrested by the U.S. Department of Justice.
Latest Articles from Priya NV
Amid the ongoing SEC Binance issue, Binance CEO CZ’s email to the exchange’s employees was leaked on 8 June. The warning came after the SEC quoted some of the chat logs between top executives of Binance.
A day after filing a lawsuit against crypto exchange Binance, the SEC moved to freeze the assets of the U.S. arm of the crypto exchange.
A day after going for Binance, the SEC filed a lawsuit against Coinbase on the grounds of violating the securities law. Additionally, ADA and SOL along with several other cryptocurrencies may bear the brunt of the ongoing debacle.
The US SEC filed a lawsuit against the world’s largest crypto exchange Binance and its CEO CZ. The basis for the SEC’s lawsuit was that the services offered by Binance violated the securities laws.
The SEC, on May 30, via a press release, announced that it had reached an agreement with the the two accused in the Coinbase insider trading case. The brothers that engaged in the activity agreed to pay disgorgement.
American crypto exchange Gemini filed a motion to dismiss its ongoing lawsuit with the SEC. The SEC claimed that Gemini offered unregistered securities as a part of its Earn program.
Binance once again managed to land itself in the spotlight with the release of Reuters’ latest news. As per the news agency, the crypto exchange allegedly mixed customer funds with corporate funds in 2020 and 2021.
Crypto trading platform Coin Cafe has managed to enter the NYAG’s radar as the organization made several misleading claims. Furthermore, over 304 New York residents were impacted due to the aforementioned claims.
Filecoin [FIL] could be the latest cryptocurrency to make it to the SEC’s radar. Grayscale received a comment letter from an SEC staff stating that FIL could fall under the classification of a security.
An AMA session with the US Secret Service that took place on 15 May via the Reddit platform disclosed that the agency held onto cryptocurrencies to understand the functioning of the technology. The law enforcement agency also answered a few other crypto-related questions posed by individuals.
Crypto lender BlockFi recently announced that it would go ahead with the liquidation process due to the ongoing uncertainty around the regulatory landscape in the U.S. The company decided so as it couldn’t sell its business in the U.S.