FTX investors end lawsuit targeting Sullivan & Cromwell
The Moskowitz Law Firm, the lead plaintiffs’ counsel, said that it had dismissed Sullivan & Cromwell voluntarily and that no settlement was associated with the dismissal. Go to Source
Month: October 2024
South Korea allows division of crypto in divorce settlements
South Korean law now allows spouses to claim cryptocurrency and Bitcoin holdings during divorce proceedings, recognizing them as marital assets. Go to Source
Bitcoin ‘capitulation incoming’ as liquidity risks sub-$50K BTC price
Bitcoin faces a volatile trip among shifting liquidity conditions, with bulls getting squeezed first, new BTC price analysis predicts. Go to Source
Texas Drug Ring Sentenced for Laundering $50K Monthly in Cryptocurrency
Six members of a Texas-based drug ring have been sentenced for their roles in a dark web drug operation, which laundered up to $50,000 per month in cryptocurrency. The group, operating as “Loverbois,” sold nearly 12 kilograms of meth. They processed about 20 drug orders daily between July 2019 and December 2020. Sentences ranged from … Read more
Thai SEC floats allowing crypto products in mutual, private funds
Thailand’s high-net-worth investors will get more access to crypto funds than retail investors under the proposed changes. Go to Source
Trump crypto project proposes Aave link in governance proposal
The Donald Trump-backed crypto platform, World Liberty Financial, wants to run as an instance on the DeFi protocol Aave. Go to Source
Bitcoin miner IREN overstated its compute ability and prospects, says lawsuit
An investor in IREN, formerly Iris Energy, sued the crypto miner, accusing it of overstating its high-performance computing ability and business prospects. Go to Source
Qubetics Boosts Ethereum Scaling, FET Leads AI Blockchain, & Monero Faces Volatility
Qubetics Powers Ethereum Scaling with EVM Compatibility, While FET Leads AI Blockchain, and Monero Faces Market Volatility In a world increasingly dependent on digital transactions, traditional financial systems often struggle with inefficiencies, leading to lengthy transaction times and high fees. These challenges can stifle innovation and hinder economic growth, making it difficult for businesses and … Read more
Crypto swiping malware infects 28K users, steals just $6K: Report
A cryptojacking and stealing malware infected tens of thousands of devices over the past few months, but the attackers made off with only around $6,000. Go to Source
Retail investors increasingly buying crypto despite volatility: IOSCO
Crypto ownership among retail investors continues to increase despite market setbacks over the past four years. Go to Source