FTX’s Sam Bankman-Fried faces digital dark age for violating bail conditions
U.S. District Court Judge Lewis Kaplan has ordered SBF to refrain from using VPN when accessing the internet from his house arrest at his parents’ home in California.
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Binance commingled customer cash, corporate revenue, Reuters says
In its latest report, Reuters claims that Binance violated U.S. financial rules regarding the strict church-state separation of customer funds from company revenue in 2020 and 2021.
Celsius bankruptcy plan approved in New York
The New York Bankruptcy Court has cleared Celsius' restructuring plan, unlocking around $2 billion worth of digital assets to be distributed to creditors.
Tether launches $115M ‘share buyback’ as cash reserves dwindle
Tether's audit report claims its reserves have ballooned by $7.1 billion from what was registered in Q1, but its real cash on hand paints a different picture, with figures said to be plummeting fast.
Digital Tenge on BNB Chain? Are you kidding me?
Changpeng Zhao tweeted that his team had persuaded Berik Sholpankulov, the First Deputy of the Governor of the National Bank of Kazakhstan, to test integrating the Digital Tenge with the BNB chain.
T.K. Coleman on why coins won’t move, COPA lawsuit and Satoshi’s misdirection
The trial of the century ended earlier this month with Dr. Craig Wright emerging victorious, but it may not be the most defining court trial for Bitcoin, according to T.K. Coleman.
Binance’s ever-shrinking European footprint loses EUR payment rail
Germany’s Bafin had decided against issuing Binance a license to custody digital currencies, stating that this decision had been communicated to the exchange’s local representatives.
Binance loses Aussie on-ramp as Westpac Bank bans transacting with exchange
Binance Australia abruptly announced that it was "unable to facilitate PayID AUD deposits for Binance users" because of a decision made by their third-party payment service provider.
NYAG fraud charges v. Digital Currency Group, Barry Silbert, Gemini & Genesis
The New York Attorney General’s charges were targeted at ending Gemini, Genesis, and Digital Currency Group's operations tied to the "purchase and sale of securities and commodities within or from New York."
FTX.US loses president, wins auction for Voyager’s digital assets
Facing numerous crossroads, FTX.US President Brett Harrison decides to make a company exit, surprising staffers but not FTX chief SBF who said that his move had been "in the works for a while."
Blame game for BTC ‘flash crash’ focuses on Matrixport, Cramer, reality
Jim Cramer’s latest flip-flop was directed at Matrixport analyst Markus Thielen, who issued a report claiming that the U.S. SEC planned to “reject all proposals” for BTC spot-based ETF.
Binance.US sheds CEO, another 100 staff while ducking SEC probe
Apart from the departure of another of its execs, CEO Brian Shroder, Binance.US slashed one-third of its staff, stressing that the move will give it over seven years of financial runway.