Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global
a $38.5m fine from SEC US Securities and Exchange Commission : SEC Charges Digital Currency Group and Soichiro “Michael” Moro, Former CEO of Genesis Global Capital, for Misleading Investors about Gene...
Telegram's H1 2024 unaudited financial docs: revenue up 190% YoY to $525M, a $335M post-tax profit, and $1.3B in digital assets, vs. nearly $400M at 2023's end
Can It Ride a Crypto Bull to a $30B IPO by 2026? Florence Muchai / Cryptopolitan : Toncoin boosts Telegram's crypto holdings to $1.3B in H1 2024 Hassan Shittu / Cryptonews : Telegram's Crypto Holdings...
WazirX plans to start allowing limited Indian rupee withdrawals in two phases from August 26, after freezing them in the wake of a $230M exploit in July
Founder Assures ‘Not Bankruptcy or Liquidation’ Crypto Adventure : WazirX Users to Access 66% of INR Balances Amid $230M Cyber Attack Aftermath Hassan Shittu / Cryptonews : WazirX Announces Gradual Re...
DCG files a motion to dismiss NY AG Letitia James' lawsuit over an alleged $3B investor fraud, and CEO Barry Silbert files to dismiss accusations he hid losses
Calling It ‘Baseless’ Jody Godoy / Reuters : Crypto venture firm seeks dismissal of New York attorney general's fraud lawsuit Ronaldo Marquez / Bitcoin Insider : Digital Currency Group Counters Lawsui...
A Montenegro appeals court cancels the approval of Do Kwon's extradition to the US, the third time the Terraform Labs co-founder has successfully appealed
For Now Sander Lutz / Decrypt : LUNA Pumps 77% as Do Kwon Evades Extradition—But the Gains Are Fading Brenda Ngari / ZyCrypto : Terra Creator Do Kwon Avoids Extradition To United States — Again Casey ...
New York Attorney General expands her October 2023 lawsuit against DCG, Genesis, and Gemini Trust, tripling the size of their alleged Gemini Earn fraud to $3B+
Claiming $3 Billion In Alleged Crypto Fraud Scheme Owotunse Adebayo / Cryptopolitan : New York demands $3 billion from DCG amid expanded lawsuit Jamie Redman / Bitcoin News : Court Filing Shows Genesi...
Electric Coin, Zcash's main developer, says that Zooko Wilcox, the project's creator, will step down as CEO, and names former SVP of Growth Josh Swihart as CEO
[This is the medium where I post personal stuff. Hassan Shittu / Cryptonews : Zcash Creator Zooko Wilcox to Step Down as CEO of Electric Coin Brayden Lindrea / Cointelegraph : Zcash founder Zooko Wilc...
Epic Games lays off 16% of its workforce, or ~830 employees, divests from music storefront Bandcamp, and intends to spin off “kid-tech” company SuperAwesome
Earlier today Tim Sweeney sent the following email to Epic employees: Tim Sweezy / HotHardware : Epic Games Confirms Massive Layoffs After Fortnite And Metaverse Spending Spree Jamie Crawley / CoinDes...
The New York DFS revamps its virtual currency oversight regime and removes over two dozen tokens from its “greenlist”, including Ripple, Dogecoin, and Litecoin
What's Keeping BTC and ETH Unscathed? Hassan Shittu / Cryptonews : XRP Attorney Addresses New York's Delisting of Ripple and Dogecoin, Denies Political Intentions Jake Simmons / Bitcoinist.com : XRP, ...
Robinhood says the company paid ~$606M to repurchase shares held by an affiliate of Sam Bankman-Fried, set up via an agreement with the US Marshals Service
On August 30, 2023, Robinhood Markets, Inc. (the “Company") entered … Mike Millard / DL News : Ripple opposes SEC request to appeal judge's XRP ruling, HashKey fund to invest in altcoins CNBC : Robinh...