On Monday, a federal judge temporarily halted Voyager Digital's plans to sell for $1.3B to Binance.US due to ongoing legal challenges from the U.S. government. This pause allows the government...
Silvergate Capital Liquidating Bank & Winding Down Operations
On Wednesday, Silvergate Capital (NYSE:SI), one of the leading crypto banking giants, announced that it will wind down operations and liquidate its subsidiary, Silvergate Bank. The company's stock...
Binance US, Voyager Deal Given Green Light
A bankruptcy judge has approved Binance.US to acquire Voyager Digital's assets and return money to the company's customers. Binance US is set to acquire the assets of bankrupt Voyager and handle...
Alameda Research Files Lawsuit Against Grayscale & DCG
Alameda Research, an affiliate of FTX, filed a lawsuit against asset manager Grayscale Investments on March 6, 2023. In the Alameda Research suit against Grayscale, the FTX affiliate contends that...
Emojis Deemed Investment Advice & Dapper Labs Denied Motion
On February 2023, the former branch chief of the U.S. Securities and Exchange Commission (SEC), Lisa Braganca, warned the public about using certain emojis in promotional materials. This follows a...
SEC, NY DFS & AG Oppose Binance.US—Voyager Deal
The U.S. Securities and Exchange Commission (SEC) and New York's top financial regulator are opposing Binance.US's $1 billion deal to acquire defunct crypto lender Voyager, citing possible...
Paxos in High-Stakes SEC Talks Over Binance’s BUSD Stablecoin
Paxos Trust Company — the issuer of Binance's stablecoin BUSD — is in talks with the U.S. Securities and Exchange Commission (SEC) after it told Paxos it should have registered BUSD as a security....
SEC Charges Paul Pierce for EthereumMax Scandal
Late last week, the United States Securities and Exchange Commission (SEC) charged NBA Hall of Famer Paul Pierce for unlawfully touting and making misleading statements about EthereumMax (EMAX)...
SEC Drops the Hammer on Terraform and Do Kwon for Fraud
Last week, the Securities and Exchange Commission (SEC) charged Terraform Labs and its CEO — Do Kwon — with fraud concerning the collapse of its TerraUSD token, also known as UST. This is the latest...
The SEC’s Crackdown on Crypto Staking
The Securities and Exchange Commission (SEC) has recently taken steps to crack down on cryptocurrency staking, a form of investing that involves holding digital assets for an extended period of...
Coinbase (NASDAQ:COIN) Escapes Proposed Class Action
Coinbase, one of the largest cryptocurrency exchanges in the world, has emerged victorious in a proposed class action lawsuit alleging illegal token sales. A proposed class-action lawsuit was filed...
Crypto Lender Genesis Upbeat on Resolving Disputes
Looks like Genesis Global Capital is feeling the heat, but they're not sweating it too much. The crypto lender is currently in the middle of resolving disputes with creditors and is aiming to emerge...