Coinbase hit with insider trading suit, launches Binance-lite derivatives exchange
The suit alleged that Coinbase directors knew their need to raise additional capital as early as December 2020 but chose to “deprioritize” this action.
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Lawsuit accuses Coinbase executives of insider trading when the company went public
Following a complaint in California, Coinbase faces another suit over its alleged failure to disclose a disparity between internal valuation and perceived market value before going public.
MicroStrategy turns rare profit, may dump BTC to pay long-term debt
MicroStrategy announced that it generated revenue of $121.9 million in the first three months of 2023, a 2.2% rise from the same period last year, but the company booked an operating loss of $20.3 million.
I assume the price of BSV is not manipulated
BSV distancing itself from the 'crypto' market has revealed its true price, which is linked to its ability to provide actual utility to users and not based on mere speculation.
Class action accuses Coinbase of unlawful biometric data collection practices
Coinbase's move to keep its customers' biometric data without notifying them following the completion of its KYC procedures allegedly runs against the BIPA law, plaintiffs claim.
Kraken ask court to intervene against IRS demands
In a petition filed in San Francisco, Kraken argued that it should not be required to comply with “the enormous burdens” imposed by the IRS’s request for user data.
FBI raids home of former FTX CEO Ryan Salame
Though he played a central role in the company’s affairs, Ryan Salame has escaped the worst of the negative press directed at founder Sam Bankman-Fried and Alameda CEO Caroline Ellison.
Bahamas proposes stricter digital asset regulations
The Securities Commission of The Bahamas began the development of the DARE Act in 2018, and it was passed in the House of Parliament in December 2020.
Binance.US nixes Voyager deal
Binance.US said that although they hope to help Voyager, the regulatory environment in the United States had "introduced an unpredictable operating environment impacting the entire American business community."
Judge approves the monitoring of Sam Bankman-Fried’s parents’ phones
To avoid breaching bail conditions again, U.S. District Court Judge Kaplan ordered to broaden the monitoring of Sam Bankman-Fried's activities to include surveillance of his parents' mobile phones.
Tornado Cash developer Alexey Pertsev released pending trial
Alexey Pertsev was arrested nine months ago, just days after the U.S. Treasury sanctioned Tornado Cash coin mixer, and faces charges of facilitating money laundering.
Coinbase sues SEC to get clarity on digital asset regulations
The digital asset company has taken legal action against the SEC, asking a federal judge to force the U.S. financial markets regulator to respond to a previous petition for digital asset specific rules.