Defendant concealed his diversion of FTX customers’ funds to crypto trading firm Alameda Research while raising more than $1.8 billion from investors The Securities and Exchange Commission today charged Samuel Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX Trading Ltd. (FTX), the crypto trading platform of which he was the CEO and ...
Read More »SEC Charges Kim Kardashian for Unlawfully Touting Crypto Security
SEC announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.
Read More »SEC Charges 11 Individuals in $300 Million Forsage Crypto Pyramid Scheme
The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States. Those charged include the four founders of Forsage, who ...
Read More »CME Group Announces Launch of Micro-Sized Bitcoin and Ether Options
CME Group, the world's leading derivatives marketplace, today launched options on Micro Bitcoin and Micro Ether futures, further expanding its suite of cryptocurrency derivatives offerings.
Read More »The Cardano Foundation Adds Open Source Industry Veteran to Board
The Cardano Foundation, the non-profit organization and custodian of the Cardano blockchain, announced today that Fernando Luis Vazquez Cao will serve as the newest member of its board of directors.
Read More »Market Moving News
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Read More »Bankers NFT Drop Rated a Must-Have for Metaverse Collectors by Crypto.co
Unbanked, a global fintech provider that connects traditional enterprise and banking systems with blockchain, today announced that the company's upcoming Bankers NFT drop has been named a "must-have for metaverse collectors" by leading blockchain analyst website, Crypto.co.
Read More »Gemini Acquires BITRIA, Unlocking the Digital Asset Ecosystem for Wealth and Asset Managers
Gemini announced today the acquisition of BITRIA, formerly Blockchange Inc., a digital asset portfolio management platform with a rich feature set designed for wealth and asset managers.
Read More »Ethereum (ETH) Fights to Regain Positive Momentum
Ethereum fights to regain the positive momentum that was lost during the flash crash the previous week. The two-day rebound halted today despite a positive start on Tuesday. As of writing ethereum trades 1.85% lower at 4276 having hit earlier the daily high at $4431.
Read More »Bitcoin Rebounds from 42000. Is this the Bottom?
Bitcoin had one of the worst days in 2021 as the price hit $42000 earlier today. All major cryptocurrencies suffer double-digit losses on heavy volumes as leveraged positions are liquidated on margin calls
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