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Business

Hong Kong’s new bill introduces first-ever VASP licensing regime
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13 December, 2022

Hong Kong’s new bill introduces first-ever VASP licensing regime

Hong Kong’s lawmakers passed an amendment to the city’s AML laws that takes effect on July 1, bringing VASPs under...
Alleged leader of Russian Ponzi scheme nabbed after costing investors nearly $100M
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13 December, 2022

Alleged leader of Russian Ponzi scheme nabbed after costing investors nearly $100M

Edvard Sabirov's extradition is making headways following his arrest on suspicion of being involved in a digital asset Ponzi scheme,...
US securities regulator demands listed companies disclose ‘crypto’ contagion
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12 December, 2022

US securities regulator demands listed companies disclose ‘crypto’ contagion

In light of the recent FTX collapse, the U.S. Securities and Exchange Commission now wants U.S.-listed firms to disclose any...
Celsius Network ordered to return $44 million to customers
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12 December, 2022

Celsius Network ordered to return $44 million to customers

The $44 million was held in its custodial accounts, which, according to its Terms and Conditions, wasn’t under its ownership...
Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition
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12 December, 2022

Onecoin crisis manager facing fraud, money laundering charges fights to prevent US extradition

If tried in his home country of Luxembourg, Frank Schneider will face up to five years in prison, but extradition...
EMAX class action lawsuit vs Kim Kardashian, Floyd Mayweather dismissed but there’s room for refiling
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12 December, 2022

EMAX class action lawsuit vs Kim Kardashian, Floyd Mayweather dismissed but there’s room for refiling

Judge Michael Fitzgerald dismissed the suit on the ground that investors failed to do their background research before investing in...
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