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New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics

November 22, 2023 by DIGIT

Teng’s tenure will focus on three aspects of the business as the CEO — reinstating investor confidence, collaborating with regulators and driving Web3 adoption, he said. Go to Source

Categories Binance, Court, Cryptocurrency Exchange, department of justice, United States

Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of ‘Preferential Transfers’

November 22, 2023 by DIGIT

Genesis claims Gemini made preferential transfers of about $689,302,00 from Genesis and wants the court to “correct this unfairness.” Go to Source

Categories Court, Cryptocurrencies, Gemini, genesis, Lawsuit

CZ released on $175M bond, could return to Dubai

November 22, 2023 by DIGIT

Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing. Go to Source

Categories Appearance Bond, Bail, Court, order, Seattle, sentencing, Washington State

Tether’s bank partner Britannia sued over $1B deposit — Report

November 21, 2023 by DIGIT

Tether’s bank partner Britannia is reportedly facing a lawsuit over claims it failed to pay the full price of revenue-generating assets allegedly related to a deposit from Tether. Go to Source

Categories Court, Stablecoin, Tether, United Kingdom

Tornado Cash users file appeal over judgment in favor of US Treasury

November 14, 2023 by DIGIT

The six individuals, supported by crypto exchange Coinbase, have taken a case involving the U.S. Treasury sanctioning Tornado Cash to federal appellate court. Go to Source

Categories Court, Law, Regulation, Sanctions, Tornado.cash, United States

Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined

November 10, 2023 by DIGIT

The Mango Markets exploiter’s trial was first scheduled for December 2023; however, during one of the court hearings, the accused convinced the judge to delay the trials for a few months. Go to Source

Categories Aave, Court, Cryptocurrencies, Hackers, hacks

Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M

November 10, 2023 by DIGIT

Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC. Go to Source

Categories Court, Cryptocurrencies, Law

Binance used ‘tortured’ interpretation of law in bid to toss suit, says SEC

November 9, 2023 by DIGIT

The SEC derided Binance’s request to have the regulator’s suit thrown out, claiming the crypto exchange hasn’t correctly applied the law. Go to Source

Categories Binance, BUSD, Court, CZ, Howey Test, Law, Lawsuit, SEC, securities suit, suit

Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX

November 7, 2023 by DIGIT

Rebooting a tarnished name is difficult and some firms are so utterly compromised by their failures that there is no real hope of rehabilitation. Go to Source

Categories Court, Cryptocurrency Exchange, Exchanges, ftx, Law, Sam Bankman-Fried, United States

SEC seeks summary judgment in Do Kwon and Terraform Labs case

November 3, 2023 by DIGIT

The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. Go to Source

Categories Court, new york, SEC, Terra, United States
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • ethereumEthereum(ETH)$3,126.28-3.46%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.04-0.01%
  • binancecoinBNB(BNB)$892.980.86%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.98-2.99%
  • staked-etherLido Staked Ether(STETH)$3,126.59-3.49%
  • tronTRON(TRX)$0.272786-1.68%
  • dogecoinDogecoin(DOGE)$0.139351-1.16%
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  • bitcoinBitcoin(BTC)$90,527.00-2.00%
  • ethereumEthereum(ETH)$3,126.28-3.46%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.04-0.01%
  • binancecoinBNB(BNB)$892.980.86%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.98-2.99%
  • staked-etherLido Staked Ether(STETH)$3,126.59-3.49%
  • tronTRON(TRX)$0.272786-1.68%
  • dogecoinDogecoin(DOGE)$0.139351-1.16%