Bithumb former chair Lee Jung-Hoon acquitted in the first instance
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb.
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Cameron Winklevoss pens open letter to Barry Silbert about Gemini’s blocked funds
Both sides are facing financial headwinds, and Gemini was sued last week over money locked in its Earn program.
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval.
Top crypto funding stories of 2022
2022 was a record-breaking year for blockchain and crypto VCs. Depending on who you ask, that's either a good thing or a bad thing.
Proof of reserves is becoming more effective, but not all its challenges are technical
PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance.
Bithumb’s largest shareholder executive found dead following allegations of embezzlement
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation.
Sam Bankman-Fried denies moving funds from Alameda wallets
The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.”
FTX’s Liquid exchange hopes to return customer assets next year
The exchange said it intends to outline further details in a report in January 2023.
Blockchain analytics unable to prevent FTX-level illicit schemes
Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner.
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the…
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