Crypto

Binance moved $346m for seized crypto exchange Bitzlato: Report
US DOJ last week charged Bitzlato’s co-founder, a Russian living in China, with running a money-laundering haven.
Published On 24 Jan 2023
North Korea behind $100m crypto theft, FBI says
California-based Harmony said in June it had been the target of a cyberattack that stole $100m worth of digital assets.
Published On 24 Jan 2023
Crypto lender Genesis optimistic it can resolve creditor disputes
Genesis filed for bankruptcy protection on January 19 after earlier freezing customer withdrawals.
Published On 24 Jan 2023
Crypto giant Genesis files for bankruptcy, after FTX collapse
Cryptocurrency lender’s bankruptcy is the latest blow to the sector following the arrest of Sam Bankman-Fried.
Published On 20 Jan 2023

CEO John Ray has set up a task force to explore restarting FTX.com, its main international exchange, WSJ reports.

Justice dept says Anatoly Legkodymov operated the Hong Kong-registered Bitzlato exchange as a money laundering haven.

The SEC charged Genesis, Gemini with illegally selling securities to hundreds of thousands of investors.

In a highly unusual post-arrest blogpost a month after his arrest, he said he ‘didn’t stash billions away’.

The bill, backed by ruling party lawmakers allied with President Bukele, aims to attract national and foreign investors.

The legal team is still working to create accurate internal records; the actual customer shortfall remains unknown.

The move resolves a dispute that was threatening the recovery of billions of dollars in lost funds.

Civil lawsuit seeks to ban Alex Mashinsky from doing business in New York and have him pay damages for violating laws.

Several firms have suffered from waning investor appetite for crypto after major exchange FTX blew up late last year.

The 30-year-old FTX founder, formerly worth an estimated $26bn, could face a sentence of up to 115 years in US prison.

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