Category: united states crypto

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Crypto firms won’t leave US despite apparent hostility: Merkle Science CEO

July 4, 2023

Merkle Science CEO Mriganka Pattnaik has offered a “contrarian” take, explaining that crypto firms won’t vanish from the United States anytime soon. Despite recent narratives suggesting differently, the United States won’t be losing its allure as a crypto hub, according to the CEO of blockchain analytics firm Merkle Science. A swathe of hostile regulatory actions leveled…
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Crypto lender Abra has been insolvent since March, says Texas regulator

June 16, 2023

Abra and its CEO William Barhydt have been issued with an emergency cease and desist order. Crypto lending firm Abra, which once handled more than $116 million in assets, had allegedly committed securities fraud and has been insolvent since March 31, according to Texas regulators. In a June 15 enforcement action — including an emergency cease…
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