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A Chapter 15 bankruptcy is a move that protects a firm’s U.S. assets while liquidation is carried out in the British Virgin Islands. Additionally, it prevents creditors from seizing assets…
The US Department of Justice (DOJ) has indicted 6 people in 4 different cases of cryptocurrency frauds, including Baller Ape NFT rug-pull, worth nearly $130 million. Baller Ape NFT Scam…
The U.S.-based cryptocurrency exchange giant Coinbase is looking to gain regulatory approval in more European countries as a way to expand its presence in the region. Strengthening European Presence Nana…
The Commodity Futures Trading Commission (CFTC), a U.S. federal regulatory agency, charged a South African citizen and a global foreign currency commodity pool with alleged fraud and registration violations worth…
On June 30, European Union policymakers hammered out an agreement on what will become the first major regulatory framework for the cryptocurrency industry. The Markets in Crypto-Assets (MiCA) legislation will…
The global investment manager VanEck seems quite determined to introduce a spot Bitcoin exchange-traded fund (ETF) in the United States. Despite its previous rejections, the company filed a new application…
Quixotic – an NFT marketplace that runs on Optimism – revealed that wrongdoers breached its security and drained ERC-20 tokens. The organization assured that users with stolen assets will be…
New reports claimed that Li Lin is aiming for an exit from the company he helped found years ago. The executive owns a majority stake at Huobi, with over 50%.…
Shortly after allegations arose that Coinbase had been selling sensitive user data to the Immigrations and Customs Enforcement, the exchange denied them, reassuring that it has always looked out for…
The cryptocurrency market has entered a period of a prolonged drawdown. Over the past few days alone, the total capitalization has shed slightly less than $90 billion. This came on…