P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of ReturnAccording to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the full story at this time. […]

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New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto FraudOn Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims that Mashinsky and Celsius defrauded “hundreds of thousands of investors, including more than 26,000 New Yorkers, out of billions of dollars worth of cryptocurrency.” Former […]

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People Are Still ‘Bullish’ About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto Businesses

People Are Still 'Bullish' About FTT and CEL, 2 Tokens Backed by Bankrupt Crypto BusinessesDespite the recent collapse and the exchange filing for bankruptcy protection, crypto traders are still paying more than a U.S. dollar for FTX’s FTT token on Friday, Nov. 18, 2022. FTT was once a top-30 crypto asset, and now the token has no rank on specific coin market aggregation sites due to locked FTT tokens […]

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