Cryptocurrencies
FTX Founder’s Parents Face Lawsuit for Alleged Misappropriation
The beleaguered cryptocurrency exchange FTX, which filed for bankruptcy in 2022 amid accusations of financial mismanagement, has filed a lawsuit against the founder’s parents. Sam...
CEO Brian Shroder Departs Binance.US Amid SEC Allegations
Brian Shroder, the former CEO of Binance.US, has stepped down from his position amidst mounting allegations of misuse, deception, and conflicts of interest brought forward...
IMF, G20 Craft Roadmap to Shield Stability from Cryptoassets
Global financial regulators, in conjunction with the International Monetary Fund (IMF), unveiled a comprehensive roadmap on Thursday, delineating strategic measures aimed at safeguarding macroeconomic and...
Bankman-Fried Denied Court Release Amid Legal Battle
Former cryptocurrency exchange billionaire and founder of FTX, Sam Bankman-Fried, faced a disappointing setback on Wednesday as the 2nd U.S. Circuit Court of Appeals in...
Bitcoin ETF Approval by SEC Deferred Once More
The US Securities and Exchange Commission (SEC) has once again deferred its decision on whether to approve the first US exchange-traded fund (ETF) directly linked...
Grayscale CEO Sonnenshein Sees Crypto Shift Post Legal Win
In a landmark legal development, Grayscale Investments CEO Michael Sonnenshein has declared a potential turning point for the cryptocurrency sphere. Following what he hailed as...
Historic Victory: Grayscale Wins Approval for First US Bitcoin ETF
In a groundbreaking decision on Tuesday, Grayscale Investments LLC achieved a significant triumph as a federal court of appeals granted the company the green light...
Bankman-Fried Appeals Bail in FTX Exchange Collapse Case
Sam Bankman-Fried, the once high-flying 31-year-old entrepreneur and former billionaire, has lodged an appeal against a recent court ruling that led to his incarceration pending...
Cryptoassets Amplify Financial Risks, BIS Report Warns
In a recent paper released by the Bank for International Settlements (BIS), the touted potential of cryptoassets as the harbinger of financial innovation has been...
Cryptocurrency Markets Rattled by Volatility: Bitcoin Struggles
The global cryptocurrency landscape was rocked by a tumultuous surge of volatility in recent days. Thursday witnessed a staggering one-day upheaval in the value of...
