CoinFLEX creditors dissatisfied with restructuring to OPNX: Report
CoinFLEX creditors claim former CEO Mark Lamb and the OPNX exchange “misappropriated” their assets in a court filing. Go to Source
Cryptocurrencies
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Alchemy bags money services license in Iowa, expands US services
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa. Go to Source
FTX’s FTT token rallies 30% — Binance effect or FTX 2.0 reopening?
This surge suggests significant institutional attention despite the token’s historical association with FTX’s financial challenges. Go to Source
HTX exchange loses $13.6M in hot wallet hack: Report
The incident affected the greater HTX, Tron, and BitTorent ecosystem. Go to Source
Coinbase cites SEC action against Kraken in push for crypto rulemaking
The Nov. 22 letter claimed that “only mandamus will impel the [SEC] to fully, finally acknowledge that Coinbase’s petition for rulemaking was pocket-vetoed long ago.” Go to Source
CoinMarketCap rival CoinGecko acquires NFT startup Zash
CoinGecko has acquired the NFT data infrastructure platform Zash as the firm remains bullish about the NFT market. The terms of the deal have not been disclosed. Go to Source
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
Many on Twitter compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, whose then-CEO was also forced to step down. Go to Source
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
The Mt. Gox trustee announced the redemption of $47 million in trust assets amid social media reports suggesting repayment to creditors could start in 2023. Go to Source
Bankrupt crypto lender Genesis sues Gemini to recover $689M worth of ‘Preferential Transfers’
Genesis claims Gemini made preferential transfers of about $689,302,00 from Genesis and wants the court to “correct this unfairness.” Go to Source
Binance settles with U.S. government: Timeline of US enforcement actions
U.S. government agencies have spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange. Go to Source