Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
Are U.S. agencies conspiring to “un-bank” crypto and put Binance out of business? Go to Source Powered by WPeMatico
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Stress test? What Biden’s bank bailout means for stablecoins
A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance. Go to Source Powered by WPeMatico
CZ, Binance, influencers face $1B lawsuit for unregistered securities promo
While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages. Go to Source Powered by WPeMatico
Binance vs. CFTC: Latest court battle could alter crypto landscape in US
The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits. Go to Source Powered by WPeMatico
Central African Republic’s Sango Project announces delay of token listing
The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments. Go to Source Powered by WPeMatico
Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report
The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate and gift tax exemption. Go to Source Powered by WPeMatico
US and South Korea request extradition of Terra co-founder Do Kwon
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or South Korea is granted. Go to Source Powered by WPeMatico
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with … Read more
Binance Bitcoin balance drops by 3.4K BTC within 24 hours of CFTC lawsuit
Binance’s Bitcoin balance was reduced by over 3,900 BTC in the past week, of which 3,400 BTC were pulled out in the last 24 hours alone. Go to Source Powered by WPeMatico
A friend in need: How the crypto industry reacts to recent bank bailouts
With a focus on sovereignty and creating an alternative to traditional financial systems, how is the crypto community reacting to government intervention in the recent bank crisis? Go to Source Powered by WPeMatico