Co-founder Rodriguez and senior promoters Millan, Aguilar and Chairez all recently pled guilty to the charges, while the other founder, Dos Santos pled guilty in October, 2021.
Lawyers picnic: FTX counsel and advisors rake in $34M in January
Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case.
SEC snubbed as Voyager wins court approval for sale to Binance US
The ruling allows the crypto lender a path out of its bankruptcy, but it still has to undertake some due diligence with Binance US before the sale is final.
SEC not allowed to punish Voyager advisers over bankruptcy token, says US judge
The SEC claims the transactions involved with redistributing the funds to impacted Voyager account holders will trigger U.S. securities laws.
Tornado Cash dev says ‘sequel’ to crypto mixer aims to be regulator-friendly
Soleimani explained that the “critical flaw” with Tornado Cash is that users cannot prove that they’re not associated with a criminal enterprise stealing or laundering crypto funds.
Crypto funding seen shifting from CeFi to DeFi after major collapses: CoinGecko
“NFTfi,” on-chain derivative platforms, decentralized stablecoins and Ethereum L2s are four investment opportunities being looked at closely by one crypto investment firm.
Snoop Dogg revealed as co-founder of Web3-powered livestream platform
Snoop Dogg has had a considerable presence in the Web3 creator movement since NFTs first gained popularity in 2021.
Binance USD market cap falls below $10B amid rising regulatory concerns
As it stands today, BUSD’s market cap has fallen by nearly $14 billion since its all-time high of $23.49 billion on Nov. 15, 2022.
Bitcoin price slides 5% in 60 minutes amid Silvergate uncertainty
The price of BTC has fallen a steep 5% in 60 minutes in the early hours of Mar. 3, wiping $22 billion from Bitcoin’s market cap.
MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
MicroStrategy confirmed that none of its 130,000 BTC is custodied by Silvergate. However, the firm does have a loan to pay off to the bank by Q1 2025.
Robinhood Wallet rolls out on iOS with Android support to follow
The full launch and removal of the 1 million waitlisted users come six months after Robinhood launched its beta version in September.
Polygon launches decentralized ID product powered by ZK proofs
The public launch of Polygon ID comes 12 months after it was first launched in a closed-environment to a select group of builders.
Silvergate stock plunges 31% after delayed filing raises doubts over future
Crypto-friendly bank Silvergate has delayed filing its 10-K, an annual report on the financial health of the company. The news has sent its stock price down 31%.
US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches.
France on the verge of passing stringent crypto firm licensing laws
The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law.
Robinhood subpoenaed by SEC over crypto listings and custody
The firm said it received an investigative subpoena in December regarding its crypto listings, crypto custody and platform operations.
BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report
Despite stepping down as CEO for three years, Yuzo continued to have a significant influence on the company being the firm’s largest stakeholder.
Ukraine netted $70M in crypto donations since start of Russia conflict
Since Russia’s invasion a year ago, there’s been $28.9 million in Ether donated to Ukraine, as well as $22.8 million in Bitcoin and $11.6 million in Tether.
Aussies revealed as prime targets of Israel crypto scam syndicate
Evidence found that Australians were among the top countries targeted in a sophisticated cryptocurrency investment scam network, which has suspected kingpins in Israel.