Genesis creditors file securities lawsuit against Barry Silbert and DCG
Amid Genesis going through its first bankruptcy hearings, a group of creditors have slapped the firm with a new class action lawsuit. Go to Source Powered by WPeMatico
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BlockFi exec argues bankruptcy court should approve bonuses to retain talent
According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options” amid bankruptcy proceedings. Go to Source Powered by WPeMatico
FTX bankruptcy lawyer: debtors face ‘assault by Twitter’ stemming from Sam Bankman-Fried
The judge ruled there were no potential conflicts of interest sufficient to stop Sullivan & Cromwell from continuing to act as the debtors’ counsel. Go to Source Powered by WPeMatico
US authorities seize crypto website Bitzlato as part of international enforcement action
U.S. Department of Justice to announce enforcement action against Bitzlato exchange. Go to Source Powered by WPeMatico
CoinFLEX clarifies position on possible new 3AC project amid backlash
The pitch deck for the exchange was leaked to the media and had been criticized for involving failed crypto hedge fund Three Arrows Capital. Go to Source Powered by WPeMatico
Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange
The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders … Read more
Bulgarian authorities charge four individuals following raid on Nexo office: Report
Following the Jan. 12 raid on its Sofia offices, Nexo described prosecutors’ actions as a “kick first, ask questions later” approach. Go to Source Powered by WPeMatico
Trust is key to crypto exchange sustainability — CoinDCX CEO Sumit Gupta
With all eyes on crypto exchanges, rebuilding trust — through increased transparency, safety and effective policies — has become the top agenda for entrepreneurs worldwide. Go to Source Powered by WPeMatico
Like son, like father as Joseph Bankman retains attorney: Report
Sam Bankman-Fried’s father reportedly advised his son on matters related to lobbying lawmakers in Washington D.C. and may now be cooperating with prosecutors. Go to Source Powered by WPeMatico
Congress may be ‘ungovernable,’ but US could see crypto legislation in 2023
Bipartisan support for cryptocurrencies exists on both sides of the aisle and in both chambers, but extreme elements could still thwart legislation. Go to Source Powered by WPeMatico
