Struggling Digital Currency Group closing out 2022 with a whimper
Recently, users saw a precipitous drop in the value of multiple alt-coins, including many associated with companies in which DCG had invested.
Recently, users saw a precipitous drop in the value of multiple alt-coins, including many associated with companies in which DCG had invested.
The Binance digital asset exchange has some explaining to do after blockchain data showed it financially rescuing its supposedly ‘independent’ Binance.US offshoot.
U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing into the FTX collapse mocked Kevin O’Leary, who is lamenting the loss of the $15m tokens he received for being FTX’s spokesman.
Kevin O’Leary described FTX and Binance as “two behemoths that owned the unregulated market” for exchanges and “were at war with each other and one put the other out of business—intentionally.”
If convicted of eight counts of charges filed by the DOJ, Sam Bankman-Fried could see himself landing 115 years in prison.
Following his arrest in the Bahamas, SBF will have to face charges brought against him, with former FTX CEO John Ray III set to testify in court over the exchange's collapse.
Binance is reportedly ramping up its legal department amid a DOJ probe and a slew of charges tied to the exchange's alleged money laundering conspiracy and breach of criminal sanctions, among others.
Fir Tree believes Grayscale Investments is hiding something tied to the troubling reports about liquidity issues with DCG and its corporate affiliates, which led them to file a complaint.
Eight U.S. states had joined the existing number of states ineligible to partake of Nexo’s Earn Interest Product.
Silvergate CEO Alan Lane slams “speculation and misinformation” on his firm's alleged instability following the FTX collapse, insisting that its customers' deposits remain accessible and safe.
Coinbase is slamming bankrupt rival digital asset exchange FTX’s accounting practices, Apple’s NFT policies, and any other bad news, while Circle plans to go public.
Tether claims it has sufficient reserves to back the more than $65 billion worth of USDT stablecoin out in the market, but a recently published WSJ report shows the statement to be sketchy.