Major crypto exchange Coinbase faces a new class action suit alleging the company unauthorizedly transfers and freezes funds and locks consumers out of their accounts for extended periods. Meanwhile, the US Internal Revenue Service (IRS) has been granted permission to look into the customers of crypto prime dealer SFOX Inc., while the US Securities and…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple’s and SBI Remit’s New Project, No-Deals + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the recent Tornado Cash sanctions enforced by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). The post, published by Coin Center’s Jerry Brito and…
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The drama surrounding the troubled crypto lender Celsius (CEL) continues, with a new omnibus reply and a PowerPoint presentation that outlines plans for a “standalone reorganization” described by one lawyer as “delusional.”… Read More: Celsius Saga Continues: New Filings Reveal ‘Delusional’ Plan for ‘Standalone Reorganization’, Says a Lawyer Read more »Pay, Trade, Buy Bitcoin with…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Judge Grants Ripple’s Video-Related Subpoena Requests, Galaxy Digital Calls Off BitGo Acquisition, Monero Upgrade + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Celsius creditors want to block the bankrupt crypto lender from selling mined bitcoin (BTC) reserves – and have labeled the firm’s CEO previous attempts to reassure them as “empty and false.” The company is filing for bankruptcy in New York, where the case is now being heard. But in a letter to the court, the…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: BlackRock Doubles Down on Bitcoin, UNCTD vs. Crypto, DoJ Not Happy With Celsius + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
China-based crypto exchange Hotbit has suspended withdrawals after its assets were frozen due to an ongoing investigation. Meanwhile, Tether’s sister company Bitfinex is ostensibly facing legal investigation in the US. Hotbit announced Wednesday that it has suspended trading, deposit, withdrawal, and funding functions due to an ongoing investigation into a former employee…. Read More: Crypto…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Ripple Reportedly Eyes Celsius’ Assets, New Crypto Rule from SEC, Risky Metaverse + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The crypto winter continues to claim victims, with German crypto exchange Nuri and Africa-based CoinFlex being the latest to make moves. Nuri GmbH, one of Germany’s largest crypto exchanges, has filed for insolvency with a Berlin court, the company said in an announcement on Tuesday…. Read More: Crypto Turmoil Latest: Nuri Files for Insolvency while…
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