California judge combines FTX-related Silvergate lawsuits
Lawsuits filed against Silvergate have been consolidated as all cases share allegations regarding the bank's role in supporting FTX in allegedly defrauding customers.
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Ethereum developer Virgil Griffith sentence shows the technology is governed by law
Former Ethereum developer Virgil Griffith received a 63-month prison sentence for teaching North Koreans how to use digital currencies to evade sanctions.
Coinbase embraces altcoins as shares hit all-time low
There was a point in the not too distant past when Coinbase was far more cautious in choosing which tokens to list, a stance perhaps dictated by its decision to remain based in the United States.
Celsius trustee wants independent examiner to probe ‘gross mismanagement’
Offering unregistered securities, failing to hedge against volatility, and making risky investments bear the hallmarks of incompetence, the gov’t trustee says.
Short-sellers target Tether but danger lurks
The stability of the assets allegedly backing Tether is once again under the microscope after investors placed significant short bets against the controversial stablecoin.
Binance: Withdraw your BSV or it’s ours
Binance has once again raised the ire of BSV supporters, announcing it will convert any remaining BSV in its customers' wallets to Binance USD (BUSD) after November 1, 2021.
Coinbase loses $430 million, blames ‘irrationally pessimistic’ customers
Cryptocurrency exchange Coinbase lost close to half-a-billion dollars in the first quarter of 2022, which helped push its stock price down to less than one-fifth of the all-time high set a little over one year ago.
Ethereum’s Virgil Griffith sentenced to over 5 years in US prison over sanctions violations, more indictments expected
Virgil Griffith had pleaded guilty in September 2021 to conspiracy to violate the International Emergency Economic Powers Act, the foundational statute which powers the U.S. sanctions regime.
Real Vision living in fear of BTC cancel culture?
Notable anti-BSV campaigner Peter McCormack used his influence to pressure financial channel Real Vision to delete tweets pointing to an interview with Unbounded Capital's leaders.
Binance Korea shuts down eight months after launch
The Binance team claimed that low trading volume and limited liquidity were the reason for the shutdown.
Coinbase shareholder sues company over ‘gross mismanagement’
In a suit filed in Delaware on August 4, Donald Kocher accused former and current Coinbase officers of "breaches of fiduciary duties, unjust enrichment, abuse of control and gross mismanagement."
Coinbase turfs 18% of its workforce as ‘crypto’ winter freezes Armstrong’s heart
Coinbase has tossed nearly one-fifth of its workforce overboard as the struggling digital currency exchange struggles to stay afloat following inept leadership decisions.