Auto Added by WPeMatico

FTX’s Asset Recovery Attempts Continue With $950M Lawsuit Filed Against Bybit

Approximately a year after its implosion, the once-crypto giant has taken another step in trying to recover funds from third parties. In this case, FTX’s legal team has reportedly gone…

Continue ReadingFTX’s Asset Recovery Attempts Continue With $950M Lawsuit Filed Against Bybit

SEC Alleges Former CEOs of Tech Startup Fraudulently Raised $70 Million From Investors

The US Securities and Exchange Commission (SEC) has accused two former CEOs of collapsed California-based tech company Bitwise Industries, of alleged misrepresentation and fraud, which they used to raise funds…

Continue ReadingSEC Alleges Former CEOs of Tech Startup Fraudulently Raised $70 Million From Investors

Bitcoin, Ethereum Fee Frenzy Strikes Again Amidst Increased Calls for Scalability Solutions

Amidst broader market recovery, Ethereum gas fees have surged yet again as a result of increased demand for blockspace. Bitcoin users experienced a similar ordeal, with average transaction fees spiking…

Continue ReadingBitcoin, Ethereum Fee Frenzy Strikes Again Amidst Increased Calls for Scalability Solutions