Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been arrested in Singapore, according to a tweet from online news aggregator db. The reason behind the arrest and the nature of any charges brought are currently unknown.3AC’s downfall was a shocking event in the crypto industry, given its prominent position and substantial investment […]
An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. Chinese law prohibits the use of VPNs to bypass the country’s “Great Firewall” that blocks popular sites such as Google, Wikipedia, and […]
Sam Bankman-Fried, the founder of FTX, is set to face a fraud trial on October 3. U.S. District Judge Lewis Kaplan has issued a 16-page pretrial order that outlines the boundaries of admissible evidence for the trial. Judge Kaplan has allowed prosecutors to introduce evidence related to Bankman-Fried’s political contributions, which could provide insight into […]
HTX Global, a major cryptocurrency exchange, recently faced an $8 million Ethereum (ETH) breach. Justin Sun, the exchange’s advisor, responded swiftly and reassured the community that the platform prioritizes the security of user assets. To address the situation, HTX Global has introduced a series of initiatives, including a Secure Asset Fund for Users (SAFU) and […]
Just days before Sam Bankman-Fried’s trial in the US, British broadcaster BBC is airing an investigative piece on the disgraced “crypto king”. The documentary, titled “Downfall of the Crypto King”, will air on BBC’s Panorama for eleven months. It will focus on the rise and fall of Bankman-Fried, who was the CEO of FTX, the […]
Just days before Sam Bankman-Fried’s trial in the US, British broadcaster BBC is airing an investigative piece on the disgraced “crypto king”. The documentary, titled “Downfall of the Crypto King”, will air on BBC’s Panorama for eleven months. It will focus on the rise and fall of Bankman-Fried, who was the CEO of FTX, the […]
Richard Ma, the CEO and founder of Quantstamp, is a leader in the cryptocurrency auditing landscape. Ma’s firm is recognized as one of the leading smart contract auditing entities and his perspective offers invaluable insights into the evolving challenges and paradigms of crypto safety. Ma’s journey in the world of cryptocurrency began with a direct […]
Rashawn Russell, a former investment banker and registered broker who worked for Deutsche Bank, has pleaded guilty to charges relating to investment fraud. The United States Department of Justice (DOJ) announced that Russell will pay restitution of more than $1.5 million as part of the plea deal and could be jailed for up to 30 […]
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Bit Trade, the operator of the Kraken cryptocurrency exchange in Australia. ASIC alleges that Bit Trade neglected to establish a target market determination before offering its margin trading product to Australian clients, in violation of design and distribution requirements for financial product providers […]
SOTERIA, a leader in the cryptocurrency and blockchain industry, has announced a major expansion of its commitment to pioneering investor security. The platform is dedicated to setting new standards in security and has implemented innovative safety protocols to protect user data and transactions, as well as user funds. These protocols include advanced encryption, multi-factor authentication, […]
