2024-4-11 19:40 |
Ace Exchange founder David Pan was accused of fraud and money laundering for $10.7 million.
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Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of charges against the exchange founder and several others.
In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan.
Taiwan plans to introduce a legislative framework for regulating cryptocurrencies by September of this year.
Taiwan's Financial Supervisory Commission (FSC) is exploring the potential introduction of crypto ETFs, carefully examining global trends and regulatory approaches to ensure a balanced entry into the digital asset market.
Kronos Research was hacked in mid-November via stolen API keys, with the attacker making off with $25 million
Renowned for its involvement in crypto research, marketing, and investment, Kronos Research now grapples with substantial financial repercussions arising from the breach.