Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims

Today, the U. S. Commodities and Futures Trading Commission (CFTC) filed a lawsuit against crypto exchange Binance and its CEO, Changpeng “CZ” Zhao. The regulator is accusing the executive and the company of allegedly violating trading rules in the country. дальше »

221 +

Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators

Binance has responded to charges filed by the Commodities and Futures Trading Commission (CFTC) in a statement provided to CryptoSlate on March 27. The post Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators appeared first on CryptoSlate. дальше »

201 +

CFTC complaint says Binance ‘knowingly disregarded’ federal laws

Bitcoin is seeing pressure on Monday after the Commodity Futures Trading Commission filed a lawsuit against Binance – the world’s largest crypto exchange. Why is CFTC going after Binance? CFTC alleges that the platform violated federal laws to attract U. дальше »

59 +

Binance-linked addresses plunge by over $1B following CFTC lawsuit

On-chain data shows that addresses related to Binance are recording outflows following the lawsuit filed against it by the Commodity Futures Trading Commission (CFTC). The post Binance-linked addresses plunge by over $1B following CFTC lawsuit appeared first on CryptoSlate. дальше »

200 +

Binance Sued by the CFTC

The CFTC filed a 74-page complaint against Binance today at the U.S. District Court for the Northern District of Illinois. It claims the company is engaging in jurisdictional arbitrage in... дальше »

131 +

Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs

BlockFi filed for bankruptcy in the wake of FTX's collapse. дальше »

206 +

Do You Believe in (Bitcoin) Magic?

NFTs continued to grow beyond their humble Ethereum roots this week, with Magic Eden becoming the first major NFT marketplace to offer Bitcoin-based collectibles on its platform. Web3 gaming was also in the spotlight, as Sony filed a patent that could make NFTs transferable between different games and consoles. дальше »

228 +

FTX-Promoting YouTubers Hit with A $1B Class Action Lawsuit

Ten YouTube and social media promoters are facing a class action lawsuit filed by a group of investors seeking more than $1 billion in damages for the deceptive promotion of FTX. According to an objection filed on March 15 in the Miami District Court, the group claims that the popular influencers- Ben Armstrong, Graham Stephan […] дальше »

193 +

FTX to claw back $460 million from SBF-backed hedge fund

FTX is looking to recover $460 million for its stakeholders. Alameda Research invested $400 million into Modulo Capital in 2022. On 22 March, the FTX estate filed a motion to enter into a seThe post FTX to claw back $460 million from SBF-backed hedge fund appeared first on AMBCrypto. дальше »

240 +

SEC sues Tron founder Justin Sun, his three companies, celebrities for securities violations

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Justin Sun, accusing him of selling unregistered securities offerings, manipulative trading, and illegal promotion of crypto assets, involving the enlistment of celebrities to boost public interest in TRX… дальше »

252 +

Core Scientific And Crypto Miners Agree To Settle With Equipment Worth $20 Million

The crypto winter of 2022 forced many crypto-related establishments into financial stress leading to bankruptcy proceedings. Core Scientific was one of the firms affected by the 2022 market crash as it filed for Chapter 11 bankruptcy due to falling revenue and low BTC prices. дальше »

211 +

Sony Interactive Entertainment files for NFT patent

Sony Interactive Entertainment has filed a patent application to enhance the NFT framework within its video games and consoles. The post Sony Interactive Entertainment files for NFT patent appeared first on CryptoSlate. дальше »

172 +

Celsius lawyer and adviser fees on track to reach $144M, community responds

Software developer Cam Crews compiled data showing almost $102 million filed with the courts, with $42 million estimated in additional fees yet to be filed. дальше »

63 +

Ripple Bolsters Its Case Vs SEC With New Filing, Ruling By End Of April?

In its legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple Labs yesterday filed a Letter of Supplemental Authority to further bolster its fair notice defense. As legal experts had already suspected, Bitcoinist reported, the letter refers to Judge Michael Wiles’ ruling in the Voyager bankruptcy case. In it, Judge Wiles rejected the […] дальше »

206 +

Gala sues pNetwork demanding $28m compensation

Gala, has filed a lawsuit against pNetwork due to a million-dollar scam that took place in Nov. 2022. According to Gala, pNetwork's negligence led to the attack. дальше »

175 +

FTX Takes Legal Action Against Liquidators of Its Bahamian Affiliate for False Ownership Claims of Failed Crypto Exchange

Crypto exchange FTX has filed lawsuit against FTX Digital Markets and its joint provisional liquidators, alleging false ownership claims of trading platform дальше »

146 +

FTX sues its Bahamian liquidators for taking control of ‘millions of dollars’

Crypto exchange FTX has filed a lawsuit against the liquidators of its Bahamian affiliate, FTX Bahamas Ltd, claiming that they have wrongfully taken control of millions of dollars worth of digital assets, including bitcoin (BTC) and ethereum (ETH). According to… дальше »

198 +

FTX had a 6.8b hole when it filed for bankruptcy

FTX, the defunct crypto exchange, had a $6.8b hole in its balance sheet when it declared bankruptcy last year дальше »

56 +

FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers. дальше »

49 +

SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008

SVB Financial Group has filed for Chapter 11 Protection due to the impact of Silicon Valley Bank's collapse. The post SVB Financial Group Files for Bankruptcy – the Largest Bank Failure Since 2008 appeared first on BeInCrypto. дальше »

174 +

Silicon Valley Bank's Former Parent Company Files for Bankruptcy

The company said on Friday it had filed for court-supervised reorganization in the United States Bankruptcy Court for the Southern District of New York to preserve value. дальше »

204 +

A new class-action lawsuit targets YouTube influencers for promoting FTX

A class-action lawsuit led by Edwin Garrison has been filed against “FTX influencers” for their alleged role in promoting a massive crypto fraud totaling over $1 billion in damages. The post A new class-action lawsuit targets YouTube influencers for promoting FTX appeared first on CryptoSlate. дальше »

211 +

FTX influencers face $1B class-action lawsuit over alleged crypto fraud promotion

The suit is led by Edwin Garrison and was filed against “FTX influencers,” primarily on YouTube.

131 +

New FTX management says FTX paid $2.2 billion to Sam Bankman-Fried

FTX filed for Chapter 11 bankruptcy in November 2022 and shortly after the new CEO John J. Ray III described the exchange’s collapse as a “complete failure of corporate controls and a complete absence of trustworthy financial information. дальше »

163 +

Nissan Doubles Down on Web3 Innovation

Japanese motor giant, Nissan, has made significant progress in its foray into the NFT and Web3 space. The company filed four new Web3-related trademarks in the United States covering its Infiniti, Nismo, and Nissan brands. дальше »

196 +

Nissan files 4 new Web3 trademarks, trials sales in the metaverse

Nissan has recently filed four new Web3 trademarks for its Infiniti, Nismo and Nissan brands.

169 +

New York State Attorney General files lawsuit against KuCoin

The NY state AG was able to buy and sell crypto on KuCoin. KuCoin is however not registered in New York. This is the AG’s eighth lawsuit against shadowy cryptocurrency platforms. Letitia James, the New York state Attorney General, has announced that she has filed a lawsuit against KuCoin for issuing crypto services in New […] The post New York State Attorney General files lawsuit against KuCoin appeared first on CoinJournal. дальше »

76 +

Bitcoin Retests $20,000 In Violent Selloff: Will The Key Support Hold?

Today, Bitcoin price lost over 6% of its value in mere hours as the top cryptocurrency by market retested the key level of $20,000 per coin.   Why is this level especially critical? And more importantly, will this symbolistic line in the sand drawn by bulls be washed away in a wave of sudden sell pressure? Bitcoin Joins Broader Crypto Market Bloodbath The cryptocurrency market was a bloodbath today as news broke that the New York Attorney General’s office filed a lawsuit against crypto exchange Kucoin for selling unregistered securities — which named Ethereum among them. дальше »

276 +

What Happens If Ether Is a Security?

A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens. дальше »

186 +

What Happens if Ether Is a Security?

A recent suit filed by the New York Attorney general could have far-ranging complications for crypto exchanges that list ether and similar tokens. дальше »

64 +

KuCoin Lawsuit Could Set Dangerous Precedent For Ethereum

The New York District Attorney General (NYDA), Letitia James, filed a lawsuit against crypto exchange KuCoin. According to a document filed with the Supreme Court of the State of New York against two companies running the trading venue in the U. дальше »

205 +

NYAG sues KuCoin over New York operations

New York Attorney General Letitia James has filed a lawsuit against the cryptocurrency exchange KuCoin, according to a March 9 announcement. The post NYAG sues KuCoin over New York operations appeared first on CryptoSlate. дальше »

181 +

Three Arrows-Backed Rook protocol sees surge in activity: ROOK price surge 14%

Three Arrows Capital hedge fund filed for bankruptcy last year. Three Arrows Capital invested in the seed round for Rook in 2020. There are speculations that Zhu Su and Kyle Davies may have completed a $25 million fundraise. дальше »

179 +

FTX Lawyers, Advisers Submit Nearly $40 Million Invoice For January Work

FTX lawyers working on the crypto exchange’s bankruptcy case billed nearly $40 million in expenses in January, according to documents filed in court. The lawyers are part of a group of legal experts hired to assist FTX in its Chapter 11 bankruptcy case, which was filed last year after the exchange faced a series of […] дальше »

173 +

MtGox Announces New Payment Selection Deadline, Keeping Investors on Edge

MtGox, the cryptocurrency exchange that filed for bankruptcy in 2014, has extended the deadline for rehabilitation creditors to register their payment preferences дальше »

187 +

FTX sues Grayscale and DCG, citing mismanagement 

Alameda Research Ltd, the FTX debtor, has filed a lawsuit against Grayscale Investment's CEO and owners over firm mismanagement in part of the Trust agreement violation.  дальше »

203 +

‘Tonight Show’s’ Jimmy Fallon Files to Be Removed From Subpoena in Bored Apes Trademark Case

Lawyers for “The Tonight Show” host Jimmy Fallon filed a motion to quash a document subpoena from conceptual artist Ryder Ripps on Monday, calling the move an “unwarranted fishing expedition for irrelevant material.” дальше »

215 +

FTX-Linked Alameda Hits Grayscale With Lawsuit Over $9 Billion In Locked Crypto Investments

191 +

CoinFLEX restructuring plan approved: FLEX price explodes

The price of FLEX (FLEX/USD), the native token of cryptocurrency exchange CoinFLEX, has soared to a daily high of $2. 06. The sudden surge came against the backdrop of CoinFLEX getting approval for a restructuring plan it filed in August last year. дальше »

89 +

SEC sues Utah-based Green United over $18m crypto mining scam

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Utah-based firm Green United, accusing the company of violating federal securities laws. дальше »

192 +

Utah Firm Accused Of Fraudulent Mining Scheme, Is SEC Against Crypto Mining?

Weeks later after its supposed crackdown on the crypto industry, the U. S. Securities and Exchange Commission (SEC) is still making it into the headlines. On March 3, the regulator filed a complaint against a Utah firm over an allegedly fraudulent crypto mining scheme. дальше »

201 +

SEC Freezes Assets Of Miami-Based Crypto Hedge Fund In $100 Million Crypto Fraud Case

Another day, another SEC enforcement action. The U.S. securities watchdog has just filed an emergency action against Miami-based investment adviser BKCoin in connection with an alleged $100 million fraud scheme. дальше »

67 +

Alameda, FTX Demand Grayscale To Unlock $9 Billion From BTC, ETH Trusts In New Lawsuit

Grayscale, the world’s largest Bitcoin fund, is being sued by Alameda and FTX on behalf of FTX’s debtors and affiliates. According to a press release issued by the FTX Debtors on Monday, claims have also been filed directly against Grayscale CEO Michael Sonnenshein and Digital Currency Group (DCG) CEO Barry Silbert. Grayscale is owned by […] дальше »

218 +

SEC Levies Charges Against BKCoin Management for Commingling Users’ Funds

Coinspeaker SEC Levies Charges Against BKCoin Management for Commingling Users’ Funds The United States Securities and Exchange Commission (SEC) has filed an emergency action against Miami Investment Adviser, BKCoin Management LLC. дальше »

182 +

SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam

The U.S. Securities and Exchange Commission (SEC) has filed suit against Green United, alleging that the Utah-based company violated federal securities laws by selling $18 million worth of phony crypto mining equipment. дальше »

183 +

FTX Debtors file lawsuit against Grayscale and Digital Currency Group

FTX Debtors filed a lawsuit against Grayscale, DCG, and two of its executives The lawsuit claims that the firm prevented Alameda from redeeming its shares The FTX saga continues to hit the cThe post FTX Debtors file lawsuit against Grayscale and Digital Currency Group appeared first on AMBCrypto. дальше »

244 +

SEC going after BKCoin and Kang over fraud allegations

The US SEC has filed an emergency action against BKCoin Management LLC and its principal, Kevin Kang, for allegedly orchestrating a $100 million crypto fraud scheme.  дальше »

230 +

US SEC freezes assets of BKCoin for orchestrating crypto fraud scheme

The US SEC filed an emergency action against a crypto hedge fund alledging crypto fraud The commission claims that the firm and its former co-founder misappropriated investor funds The UniteThe post US SEC freezes assets of BKCoin for orchestrating crypto fraud scheme appeared first on AMBCrypto. дальше »

233 +

Celsius customers begin withdrawing funds eight months after bankruptcy filing

Funds withdrawals by Celsius custody account holders started on March 2. The withdrawals are opening about 8 months after the crypto lender filed for bankruptcy in June last year. The withdrawals were reopened for “Distributable assets in certain Custody Accounts. дальше »

151 +

Celsius Commences Withdrawals Eight Months After Filing For Bankruptcy

Crypto lender firm Celsius has announced that customers can now withdraw their assets from its platform eight months after the company filed for bankruptcy. According to an official tweet on March 2, withdrawals are now available, albeit for certain custody accounts only. дальше »

172 +