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Bahamas 'Dangerous' IT Access Is Warned Against by FTX Bankruptcy Court
Wednesday saw a worsening of the disagreement over access to FTX's computer systems as Judge John Dorsey of the U.S. Bankruptcy Court in...
Flexi Group
Dec 15, 20223 min read
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Former CEO of FTX, has been charged by SEC with "orchestrating a scheme to defraud equity investors"
Sam Bankman-Fried, the former CEO and co-founder of the cryptocurrency exchange FTX, has been accused by the US Securities and Exchange...
Flexi Group
Dec 15, 20222 min read
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Cyprus watchdog will continue suspending FTX's EU license.
According to a spokeswoman, the Cyprus Securities Regulator will meet next week to discuss whether to extend suspending FTX EU's license....
Flexi Group
Dec 14, 20221 min read
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Sam Bankman-Fried was arrested in the Bahamas before he was charged in the US
The founder of the defunct FTX crypto exchange has been arrested at the request of federal authorities. Sam Bankman-Fried was detained in...
Flexi Group
Dec 13, 20222 min read
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US DOJ split postpones conclusion of Binance criminal investigation
According to reports, US Department of Justice prosecutors are divided over whether the evidence acquired in connection with a criminal...
Flexi Group
Dec 13, 20221 min read
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A bankruptcy judge in Celsius has ordered the repatriation of some cryptocurrency to customers
On Wednesday, a US bankruptcy judge determined that certain Celsius Network clients should be entitled to their deposits back. This...
Flexi Group
Dec 9, 20221 min read
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Forget crypto winter; this is a "bloodbath" for bitcoin.
A crypto dealer in Abu Dhabi named Jad Fawaz declares, "I'm nearly bankrupt. I’m laughing because there’s no point in exerting more...
Flexi Group
Dec 7, 20223 min read
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After funding crunch, European tech firms lose $400bn
Investor apprehension poses the first major test of the continent's tech scene since the rise of start-ups Spotify and Revolut. Since the...
Flexi Group
Dec 7, 20224 min read
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Italy intends to tax cryptocurrency in 2023.
Documents published on December 1 indicate that the Italian government will charge a 26% capital gains tax on cryptocurrency income more...
Flexi Group
Dec 5, 20221 min read
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The ECB blog predicts that virtual assets will go "on the road to irrelevance."
Although the European Central Bank has always cautioned against the use of cryptocurrencies, it now seems that it has issued its most...
Flexi Group
Dec 1, 20222 min read
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Iran sanctions screening oversights result in Kraken paying $362,000
According to the Office of Foreign Assets Control of the Treasury Department, Kraken, a virtual currency exchange,  will pay a fine of...
Flexi Group
Nov 29, 20222 min read
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BlockFi, a cryptocurrency lender, declares bankruptcy in New Jersey
BlockFi, a major cryptocurrency lender, and eight of its affiliates have filed for Chapter 11 bankruptcy protection, the company...
Flexi Group
Nov 29, 20222 min read
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Genesis, a crypto lender, is being investigated by authorities
According to a statement from the director of the Alabama Securities Commission, state securities officials are looking into Genesis...
Flexi Group
Nov 28, 20221 min read
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Binance will contribute $1 billion to a cryptocurrency recovery programme
Binance, a cryptocurrency exchange, announced on Thursday that it will invest $1 billion to form an industry recovery initiative (IRI) to...
Flexi Group
Nov 25, 20221 min read
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Singapore Commences Fraud Investigation Into Hodlnaut Cryptocurrency Exchange
The authorities are investigating claims of deception and fraud by the corporation and its directors. According to various reports,...
Flexi Group
Nov 24, 20221 min read
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Bitcoin falls to its lowest level in two years as the FTX meltdown contaminates the industry
On Tuesday, Bitcoin sank to a 2-year low of $15,480 (€15,050) as other cryptocurrencies followed the negative trend. Cryptocurrencies...
Flexi Group
Nov 23, 20222 min read
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FINRA will review broker-dealer crypto communications
The Financial Industry Regulatory Authority (FINRA) announced an inspection sweep of broker-dealers' and their affiliates' retail...
Flexi Group
Nov 21, 20222 min read
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CEO of FTX blames ex-girlfriend for the demise and loss of $32BN
CEO Sam Bankman-Fried of the beleaguered cryptocurrency exchange FTX has laid the failure of the business at the feet of his...
Flexi Group
Nov 18, 20221 min read
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Genesis Trading, a crypto broker, suspends withdrawals from the lending unit
Genesis Trading has stopped accepting withdrawals at its loan division, blaming the "unprecedented market turmoil" brought on by Sam...
Flexi Group
Nov 17, 20223 min read
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Google will settle with states over location monitoring for a record-breaking $391.5M.
According to an agreement the corporation reached with a coalition of 40 state attorneys general, Google agreed to pay $391.5 million to...
Flexi Group
Nov 16, 20222 min read
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