Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing.
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC’s deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.
Prime Trust can’t honor customer withdrawals, says Nevada regulator
Nevada’s business regulator issued a cease and desist order to the crypto custodian alleging it has a “shortfall of customer funds.”
Core Scientific shuts down 37K mining rigs it was hosting for Celsius
Core Scientific estimated that canceling the agreement with Celsius will provide $2 million in revenue per month as long as Bitcoin stays around $16,700.