US regulator touts to ‘aggressively police’ crypto in new report
The Commodity Futures Trading Commission (CFTC) says 20% of its enforcement actions were aimed at the digital assets market in the 2022 fiscal year. Go to Source Powered by WPeMatico
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Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine Polk Failla, believes the litigation process could be derailed. She further stressed … Read more
Hodlers prefer centralized exchanges over DeFi for security: Chainalysis
Security remains a perennial concern for DeFi protocols, but DeFi will still inevitably “grow and flourish,” Bitfinex CTO Paolo Ardoino believes. Go to Source Powered by WPeMatico
Tether stablecoin issuer freezes 8.2M USDT on Ethereum: Data
Tether has frozen a total of 215 USDT addresses on Ethereum in 2022 so far, according to data compiled by ETH researcher Philippe Castonguay. Go to Source Powered by WPeMatico
Report: Leaked Audio Featuring Celsius Execs Uncovers Plans to Create an IOU Cryptocurrency
According to leaked audio obtained by CNBC, the crypto lender Celsius wants to create an IOU cryptocurrency in order to pay clients back. The audio was provided by a Celsius customer and the recording explains the bankrupt crypto lender wants to create a form of “wrapped tokens” that represents a ratio of what customers are … Read more
New York Judge orders Tether to document USDT backing
The court accepted the Plaintiffs’ requests to provide “undoubtedly important” documents in the alleged fraud case. Go to Source Powered by WPeMatico
‘Why Isn’t Anyone Talking About This?’ — Twitter’s Crypto Spam Problem Increases With Legions of CZ Bots, Verified Vitalik Impersonators
Since Tesla’s Elon Musk attempted to purchase Twitter and tried to get information on the number of bots on the social media platform, Twitter bots have infested tens of thousands of posts day after day. In the cryptocurrency industry, bots are very prevalent and any time a popular crypto account posts, the thread is teeming … Read more
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development? Go to Source Powered by WPeMatico
Accused ‘shadow banker’ Reggie Fowler seeks a 6-month sentencing delay
The request quotes Fowler’s lawyer’s personal health issues and the necessity to obtain more material from Europe. Go to Source Powered by WPeMatico
Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges
Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether, the lawyers representing Bittrex and Poloniex argue that “Mr. Roche’s recent statements … Read more