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Business

China’s law enforcement busts $5M virtual currency money laundering ring
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29 September, 2022

China’s law enforcement busts $5M virtual currency money laundering ring

Ninety-three people allegedly tied to money laundering in China face jail time as authorities widened the crackdown on illegal gambling...
Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill
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29 September, 2022

Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill

Following its approval to use digital assets in cross-border payments, Russia now has its eyes set on digital assets trading...
SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting
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29 September, 2022

SEC settles with Tether’s former auditor for $1.5M over unprofessional accounting

Friedman LLP practiced improper professional conduct in 2017-18, the same time frame the firm audited Tether, although the U.S. securities...
Disney seeks Web 3 legal counsel as it advances into decentralized ledger technologies
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29 September, 2022

Disney seeks Web 3 legal counsel as it advances into decentralized ledger technologies

Disney rivals with tech giants as it enters the Web 3 space and plots an ambitious journey to new frontiers...
Alex Mashinsky resigns from Celsius Network
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28 September, 2022

Alex Mashinsky resigns from Celsius Network

Months of speculation ended as Celsius CEO Alex Mashinsky steps down from his post amidst an ongoing probe, which comes...
CoinFLEX creditors vote in restructuring plan giving them 65% ownership
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28 September, 2022

CoinFLEX creditors vote in restructuring plan giving them 65% ownership

The plan, which wipes out Ordinary Series A shareholders, including the founders, was proposed by CEO Mark Lamb, and received...
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