Lawyers representing the United States Securities and Exchange Commission (SEC) and Terraform Labs, along with co-founder Do Kwon, recently clashed in court over allegations of fraud involving the LUNA token. The SEC claims that Terra and Kwon committed fraud, citing evidence provided by an anonymous whistleblower. However, Kwon’s legal team argued that the SEC was […]
Paolo Ardoino has been appointed as the CEO of Tether, a cryptocurrency company that is focusing on diversification and expansion. Ardoino, who previously served as the chief technology officer, believes that Tether is more than just its main product, USDT. The company aims to become an infrastructure provider and is exploring innovations in the crypto […]
Paolo Ardoino has been appointed as the CEO of Tether, a cryptocurrency company that is focusing on diversification and expansion. Ardoino, who previously served as the chief technology officer, believes that Tether is more than just its main product, USDT. The company aims to become an infrastructure provider and is exploring innovations in the crypto […]
In a recent revelation, it has come to light that VIP traders on Binance, a major cryptocurrency exchange, were given advance knowledge of the exchange’s massive $4.3 billion fine. This information was reportedly shared during an exclusive dinner in Singapore, attended by key figures including Richard Teng, who was expected to succeed Binance founder Changpeng […]
In a recent revelation, it has come to light that VIP traders on Binance, a major cryptocurrency exchange, were given advance knowledge of the exchange’s massive $4.3 billion fine. This information was reportedly shared during an exclusive dinner in Singapore, attended by key figures including Richard Teng, who was expected to succeed Binance founder Changpeng […]
Cristiano Ronaldo, the renowned footballer, is currently facing a billion-dollar class-action lawsuit in Florida. The lawsuit alleges that Ronaldo’s endorsement of Binance, the world’s largest cryptocurrency exchange, led investors to make unprofitable investments. It is claimed that Ronaldo actively promoted and supported the sale of unregistered securities in collaboration with Binance. Furthermore, Ronaldo is accused […]
Cristiano Ronaldo, the renowned footballer, is currently facing a billion-dollar class-action lawsuit in Florida. The lawsuit alleges that Ronaldo’s endorsement of Binance, the world’s largest cryptocurrency exchange, led investors to make unprofitable investments. It is claimed that Ronaldo actively promoted and supported the sale of unregistered securities in collaboration with Binance. Furthermore, Ronaldo is accused […]
Wallets associated with defunct crypto trading firms FTX and Alameda Research have recently moved $10.8 million across major cryptocurrency exchanges. These funds, originating from addresses linked to collapsed FTX and Alameda entities, were distributed in eight different cryptocurrencies. This transaction is part of a broader effort initiated in March 2023 to recover assets for investors. […]
Wallets associated with defunct crypto trading firms FTX and Alameda Research have recently moved $10.8 million across major cryptocurrency exchanges. These funds, originating from addresses linked to collapsed FTX and Alameda entities, were distributed in eight different cryptocurrencies. This transaction is part of a broader effort initiated in March 2023 to recover assets for investors. […]
Paxos, a crypto infrastructure firm, has received in-principle approval from the Abu Dhabi Financial Services Regulatory Authority (FSRA) to introduce stablecoins in the United Arab Emirates (UAE). This means that Paxos will soon be able to issue US dollar-backed stablecoins and provide crypto-brokerage and custody services in the region. The FSRA is a financial regulator […]
