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Article by Steven Stradbrooke

New York AG triples fraud loss claim against Digital Currency Group to $3 billion
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13 February, 2024

New York AG triples fraud loss claim against Digital Currency Group to $3 billion

The future of Barry Silbert's "crypto" empire is on the rocks after its losses mounted to over $3 billion as...
BTC ETFs finish first month on a high, but is the euphoria warranted?
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12 February, 2024

BTC ETFs finish first month on a high, but is the euphoria warranted?

While the nine BTC spot ETFs enjoyed positive inflows in the first week since their approval, not much can be...
US Treasury Department assesses ‘crypto’ money laundering, terror financing risks
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9 February, 2024

US Treasury Department assesses ‘crypto’ money laundering, terror financing risks

US Treasury plans to release its 2024 National Strategy for Combatting Terrorist and Other Illicit Finance, which will be based...
Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d
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2 February, 2024

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest...
Tether claims record $2.85 billion profit in Q4, still can’t afford an audit
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1 February, 2024

Tether claims record $2.85 billion profit in Q4, still can’t afford an audit

Tether noted that it prepared its reserves report "using the recognition and measurement principles" of the IFRS without making sufficient...
HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
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31 January, 2024

HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges

The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between...

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