The SEC’s recent lawsuit against Binance US heralds a grim phase for bitcoin liquidity. Amid a flurry of allegations, withdrawals, and an aggressive regulatory stance, we examine the tumultuous unfolding events and their far-reaching implications on the crypto market and investor sentiment. Sitting...
In a recent development, Vitalik Buterin, the co-founder of ethereum, transferred 400 ETH to the Kraken exchange. The transaction, which took place on June 5, 2023, was completed within 30 seconds and had a value of approximately $723,000. This move comes amidst a...
Emin Gün Sirer, the CEO and co-founder of Ava Labs, won a multi-million dollar crypto defamation lawsuit after being falsely accused of affiliation with a Turkish terrorist group by an influencer. Back in June 2021, Sirer filed a lawsuit against Emre Aksoy, alleging...
A federal court has put the brakes on a merger between Voyager and Binance, as the latter faces accusations from the CFTC. On March 27, Judge Jennifer Rearden of the U.S. district court in New York approved the motion for an emergency stay, hindering the...
Reality star Kim Kardashian, boxing promoter Floyd Mayweather, and other celebrities are attempting to persuade a judge to toss out a revision of the lawsuit that seeks to hold them responsible for allegedly promoting a fake token, EthereumMax (EMAX), without disclosing it was...
Jump Trading is the masked “U.S. trading firm” that the United States Securities and Exchange Commission (SEC) accused of propping the TerraUSD, UST, and preventing the stablecoin from de-pegging in 2021, reports on Feb. 17 show. On Feb. 16, the SEC filed charges against Terraform Labs,...