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Business

Germany’s financial regulator warns users of Rtcoin’s unlicensed operation
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14 December, 2022

Germany’s financial regulator warns users of Rtcoin’s unlicensed operation

Rtcoin claims it has license to operate in Germany but a closer look at BaFin's database reveals otherwise, with British...
3 US agencies throw the fraud book at FTX’s Bankman-Fried
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14 December, 2022

3 US agencies throw the fraud book at FTX’s Bankman-Fried

If convicted of eight counts of charges filed by the DOJ, Sam Bankman-Fried could see himself landing 115 years in...
Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say
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14 December, 2022

Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say

It remains unclear why Kwon chose Serbia, but South Korean authorities are not ruling out the possibility that the embattled...
WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight
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14 December, 2022

WEMIX loses delisting battle in court against South Korean exchanges but promises to continue the fight

Wemade insists it will not back down after a South Korean court sided with DAXA in delisting WEMIX from exchanges...
Reserve Bank of Australia weighs pros and cons of CBDCs amid massive interest from financial firms
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14 December, 2022

Reserve Bank of Australia weighs pros and cons of CBDCs amid massive interest from financial firms

RBA's Brad Jones said while CBDCs present an array of use cases that could promote financial stability, they also exhibit...
Yuga Labs class action lawsuit drags celebrities over alleged misrepresentation
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13 December, 2022

Yuga Labs class action lawsuit drags celebrities over alleged misrepresentation

A total of 37 defendants were named in the suit, including famous celebrities like Serena Williams, Snoop Dogg, Steph Curry,...
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