
April 18th, 2025
As per the proposed conditions, FTX founder Sam Bankman-Fried will get a new phone with no internet capability limited to voice calls and text messages.
BlockFi continued taking payments of up to $103,471 from at least 111 California borrowers through its servicer.
The regulatory crackdown was highly anticipated based on the recent White House report to Congress, which called crypto volatile for investment.
Fujitsu is notably making its full-blown debut into the digital currency ecosystem following months of what many will term, preparing the way.
Usually, Montenegro authorities typically allot detention for up to 72 hours. However, Kwon’s 30-day extension has been approved after authorities highlighted the greater possibility of an escape.
Despite the high-handed regulatory action in the United States, Nasdaq is optimistic about securing regulatory approval in the first half of 2023 for offering crypto custodial services.
As part of the agreement, debtors will sell roughly $95 million worth of preferred stock back to Mysten Labs in addition to $1 million in SUI tokens.
The news has already stirred the crypto ecosystem with many of the affected holders of LUNA yet to recover their losses.
Modulo’s $460 million marks a significant recovery in the ongoing bankruptcy case.
Coinbase advised its customers to use other available payment rails as the exchange works on onboarding other banking partners.
Speaking to the parliament, Chairman Huang pointed out that the Financial Supervisory Commission was working on a crypto regulatory framework.
FTX may yet have a chance to establish itself as a force to reckon with in the crypto space.
Firms are actively searching for new banking partners as the regulatory climate in the US has now turned sour.
Defendant Ben Armstrong denied the allegations and stated that he had never been in contact with anyone at FTX.
When the financial woes of FTX also lead to the exchange’s bankruptcy, the deal could not proceed, pitching Binance.US as the next major favorite to bail out the company.