Binance Denies Role in FTX Collapse, Seeks Dismissal of $1.76B Lawsuit
TL;DR Vigorous Legal Defense: Binance seeks dismissal of a $1.76 billion lawsuit by the FTX estate, vehemently denying any role in FTX’s collapse. Attributing Collapse to
United States (Latest Publications)
Genesis Takes Legal Action to Recover Billions From Digital Currency Group
TL;DR Lawsuits Filed Against DCG and Barry Silbert: Genesis Global has initiated legal action, accusing its parent company, Digital Currency Group, and its CEO of mismanaging
Bitcoin and Ethereum Options Worth $3.33B Expire Today Amid Rate Cut Speculation
TL;DR Over $3.33 billion in Bitcoin and Ethereum options expire today, with key price levels at $100,000 and $2,300 respectively. April inflation in the US came
Court Rejects Ripple and SEC’s $50 Million Settlement Proposal
TL;DR A U.S. federal court rejected the $50 million settlement between Ripple and the SEC, considering it improper and beyond its jurisdiction. The judge noted that,
Coinbase Accused of Faking User Metrics—SEC Investigation Deepens
TL;DR Coinbase is under fire for allegedly inflating its “verified users” count by using loose criteria, potentially misleading investors about its true customer base. The SEC
Regulators and Industry Leaders Meet Today to Discuss Tokenization’s Role in Asset Management
TL;DR Historic Convergence: Regulators and top finance leaders are meeting today to explore how tokenization can revolutionize asset management by integrating traditional finance with blockchain innovation.
Court Delivers 12-Year Sentence to Celsius Founder Amid Controversy
TL;DR Tough Crackdown: Former Celsius CEO Alex Mashinsky has been sentenced to 12 years in federal prison for fraud and market manipulation, marking a significant legal
Coinbase Acquires Deribit in $2.9B Mega Deal to Dominate Crypto Derivatives
TL;DR Coinbase acquired Deribit for $2.9 billion in the largest deal in the crypto industry to date, combining cash and company stock. The acquisition will boost
Arizona Signs Historic Bitcoin Bill to Use Unclaimed Property Profits to Build Strategic Reserve
TL;DR Historic Shift: On May 7, Governor Katie Hobbs signed House Bill 2749 to convert unclaimed property profits into Bitcoin, laying the foundation for a strategic
Bitcoin Approaches $100K Following Trump’s Trade Announcement and Dollar Weakness
TL;DR Investor Optimism: Trump’s hint at a major trade deal, intended to ease tariffs and curb inflation, has sparked strong optimism among investors, pushing Bitcoin nearer
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