Gemini and Genesis charged by SEC over unregistered offer and sale of crypto securities January 12, 2023 The SEC has tonight charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities.
Illicit transaction volume in crypto hit ATH in 2022 January 12, 2023 A much-anticipated annual report has revealed that 2022 experienced more crypto crime than any other year.
Crypto lender Nexo has 15 sites raided by police in Bulgaria January 12, 2023 Bulgarian prosecutors have launched an investigation into alleged illegal activities conducted by cryptocurrency lender Nexo, they said on Thursday, raiding more than 15 sites in the capital Sofia. The announcement comes after Nexo said in December it would phase out its U.S. products and services over the coming months due to clashes with regulators. “In Sofia, active [...]
FTX: Crypto exchange’s bankruptcy team recovers over £4bn in boost for burnt customers January 12, 2023 Collapsed crypto exchange FTX has recovered more than £4.1bn ($5bn) in assets, its bankruptcy team said yesterday, as the firm scrambles for cash to cover the billions of dollars lost by customers and investors. FTX, founded by disgraced former billionaire Sam Bankman-Fried, was valued at $32bn just over a year ago but imploded in early [...]
Swede dreams! Binance lands its seventh regulatory approval in the EU January 11, 2023 Binance has been granted registration as a financial institution for management and trading in virtual currency by the Swedish FSA.
Fintech expert Wooller joins Coincover as Business Unit Director January 11, 2023 Prominent fintech expert Katherine Wooller has been appointed as Business Unit Director at Cardiff-based Coincover.
FTX: Now UK investors are caught up in collapse of crypto trading platform January 11, 2023 Thirteen investors caught up in the collapse of cryptocurrency trading platform FTX have made fraud reports to UK police. FTX filed for bankruptcy on November 11 after it was alleged that then-chief executive Sam Bankman-Fried, 30, had illegally diverted massive sums of customer money from the company to a second firm that he owned, Alameda [...]
Matrixport now using Chainalysis to enhance compliance standards January 10, 2023 Digital asset eco-system Matrixport today began using Chainalysis’ blockchain data platform as part of its efforts to enhance compliance.
City minister says UK crypto regulations unlikely to be ready in 2023 January 10, 2023 City minister Andrew Griffith said regulations for digital currencies are unlikely to be ready in 2023, as he reaffirmed the government’s aim to be “the home of well-regulated [and] technologically-advanced financial systems”. In a wide-ranging Treasury committee hearing today, Griffith was quizzed by MPs on the risks facing the crypto industry and the potential for [...]
Crypto exchange Tap Global becomes one of London’s first listings of 2023 January 10, 2023 Tap Global has become one of London’s first listings of 2023 and the UK’s first listed crypto exchange services provider.