Binance’s CZ Plans to Write During Upcoming Prison Term
On April 30, Judge Richard Jones sentenced Changpeng “CZ” Zhao, the former CEO of Binance, to four months in federal prison. Zhao pleaded guilty to one felony charge for failing to maintain…
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Binance Executive Denied Bail in Nigeria Money Laundering Case
Tigran Gambaryan, a Binance executive, has been denied bail by a Nigerian court amidst charges of money laundering and terrorism financing. Judge Emeka Nwite rejected Gambaryan’s bail application, citing concerns that he…
Unveiling the Crypto King: A Tale of Wealth, Deceit, and Downfall
Aiden Pleterski, the 25-year-old who crowned himself the “Crypto King,” and his associate Colin Murphy, age 27, now face serious allegations for orchestrating a multi-million dollar fraud. After a rigorous 16-month probe…
Tornado Cash Developer Alexey Sentenced to Over 5 Years
Alexey Pertsev, a developer of the cryptocurrency mixer Tornado Cash, has been convicted of money laundering by a judge in s-Hertogenbosch, Netherlands. On Tuesday, Pertsev received a prison sentence of 64 months…
Amey Finance Academy Shut Down By UK Authorities
The UK government has officially closed Amey Finance Academy, a cryptocurrency advisory firm accused of engaging clients in risky investment schemes that led to significant losses. This action follows a winding-up order…
FalconX Agrees to $1.8 Million Settlement with CFTC
FalconX, a cryptocurrency trading firm, has agreed to pay $1.8 million in penalties to resolve charges from the Commodity Futures Trading Commission (CFTC). The charges, announced on Monday, allege that FalconX operated…
OKX Expands in Australia with New Local Regulatory Approval
Crypto exchange OKX is enhancing its services in Australia by establishing a locally regulated entity, OKX Australia, to cater specifically to the Australian market. This strategic move, part of the company’s broader…
Bribery Allegations Threaten Foreign Investment in Nigeria
Recent allegations of bribery and the detention of Binance executives in Nigeria could potentially hinder the nation’s efforts to attract foreign investment, according to a report by SBM Intelligence, an Africa-focused risk…
U.S. House Set to Vote on Crypto Regulation Bill FIT21
The U.S. House of Representatives is poised to vote on a significant piece of cryptocurrency legislation, the Financial Innovation and Technology for the 21st Century Act (FIT21), as confirmed by Rep. Patrick…
SEC Challenges Coinbase’s Appeal Strategy in Ongoing Lawsuit
The U.S. Securities and Exchange Commission (SEC) has responded strongly to Coinbase’s request for an interlocutory appeal in their ongoing legal dispute, accusing the cryptocurrency exchange of attempting to manipulate legal interpretations…
You are all caught up.