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Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra’s collapse. Go to Source Powered by WPeMatico
Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.” Go to Source Powered by WPeMatico
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. Go to Source Powered by WPeMatico
Derivatives data shows increased demand for margin longs contradicts traders’ perception that further downside in store for Bitcoin. Go to Source Powered by WPeMatico
Following the announcement, a representative confirmed that the venture capital firm Bitkraft would also be joining as a partner and member of the jury. Go to Source Powered by WPeMatico
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos Complies With U.S. Law Enforcement Request to Freeze 11,184 PAXG Paxos updated … Read more
Lin Li, the company’s founder, has agreed to lending up to $14 million to New Huo Technology to bailout affected clients. Go to Source Powered by WPeMatico
Arbitrum earnings are soaring as daily active users flood the layer-2 platform with the hope of an eventual airdrop. Go to Source Powered by WPeMatico
A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11. Go to Source Powered by WPeMatico
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse. The market witnessed the collapse of FTX within a week, and worse still, the … Read more