‘Crypto is Dead in America’
‘Crypto is dead in America’ thanks to regulators, says investor Chamath Palihapitiya, who once thought Bitcoin could hit $200,000.
Recent
Gary Gensler’s New Assault on DeFi Puts Him on a Legal Limb
The world of decentralized finance gave a collective shudder this weekend upon learning the SEC wants to amend a regulation that defines exchanges.
Crypto VC Funding Plunges by 80% in Dire Quarter for Startups
Venture capitalists are continuing to pull back from crypto, an industry that’s been plagued by scandals, market downturn and regulatory uncertainty.
FTX’s Lack of Financial Controls Complicates Bankruptcy Asset Recovery, Says Legal Filing
Former executives of bankrupt cryptocurrency exchange FTX failed to install appropriate financial controls in company complicating asset recovery.
Investors Pull $1.6 Billion From Binance After CFTC Lawsuit
Investors withdrew $1.6 billion of cryptocurrency from crypto exchange Binance since it was sued by the U.S. CFTC.
Crypto Giant Binance Charged With Violating US Trading and Derivatives Laws (Updated)
Add Binance to the list of crypto heavyweights facing serious legal trouble. The company and its founder allegedly told staff to break the rules.
Bankman-Fried Charged With Paying $40M Bribe to China
FTX founder Sam Bankman-Fried was charged with directing $40 million in bribes to one or more Chinese officials to unfreeze assets.
