US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due…
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customer funds
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WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its „Withdrawal Management Programme: Opinion Poll” in…
BlockFi Administrator Submits Plan in Court to Make Customers Whole
„This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of…
Nigeria’s Patricia Exchange CEO debunks closure rumors
Patricia CEO Fejiro Hanu said they are currently awaiting the prosecution and conviction of the other suspects involved.…
Coinbase to move customer and corporate USDC balances to Base
Coinbase’s move on-chain will carve a path toward a future on-chain financial system, claimed Bankless podcast co-host David…
UK’s Travel Rule comes into effect, could halt certain crypto transfers
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist…
Crypto Collapse: Prime Trust’s Fall From Grace and the Disappearing Wallet Mystery
After Prime Trust filed for bankruptcy protection, the company’s interim CEO Jor Law cited excessive spending, losses on…
Crypto custodian Prime Trust files for Chapter 11 bankruptcy
The crypto custodian’s bankruptcy comes as it’s been unable to honor customer withdrawals for months. Czytaj więcej We…
Double Standards in Finance: SBF’s Legal Troubles Spark Concerns
Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the…
Former SEC Official Predicts Impending DOJ Indictment Against Binance
Former Securities and Exchange Commission (SEC) official John Reed Stark said on Sunday via Twitter that he believes…