Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case

Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an […]

Go to Source

Powered by WPeMatico

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager

US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm VoyagerAccording to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities and Exchange Commission (SEC), the FTC has objected to Binance US purchasing Voyager’s assets. FTC’s Objection to Voyager’s Proposed Sale Plan Could Impact Bankruptcy […]

Go to Source

Powered by WPeMatico

Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey

Cryptocurrency Exchanges Offer Assistance to Earthquake-hit TurkeyMajor crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of relief funds through cryptocurrency donations for a charity organization. Leading Exchanges Commit to Supporting the Victims of the Earthquake in Turkey […]

Go to Source

Powered by WPeMatico

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions

Bank of Russia Moves to Safeguard Crypto Companies Against SanctionsThe Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank […]

Go to Source

Powered by WPeMatico

Crypto Advocates Think Joe Biden’s $3 Trillion Stimulus Plan Will Bolster Bitcoin

Crypto Advocates Think Joe Biden's $3 Trillion Stimulus Plan Will Bolster BitcoinAccording to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden administration have made crypto proponents believe that bitcoin will prosper greatly. Biden Proposes to Finance Covid-19 Relief and Infrastructure With $3 Trillion Ever since the […]

Go to Source

Powered by WPeMatico

Zimbabwe Exchange Granted “Interim Relief,” Ban Appeal Still Ongoing

Zimbabwe Exchange Granted "Interim Relief," Ban Appeal Still OngoingDespite reports of the Zimbabwe High Court’s reversal of the Reserve Bank of Zimbabwe’s (RBZ) recently issued cryptocurrency ban, the country’s leading bitcoin exchange, Golix, is yet to restore trading on its platform. In an email recently sent to customers of the exchange, Golix sought to clarify that it has been granted “an interim relief,” […]

The post Zimbabwe Exchange Granted “Interim Relief,” Ban Appeal Still Ongoing appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico