SEC Fines Goldman Sachs $6 Million for Providing Inaccurate Information
Securities and Exchange Commission has assumed a strong stance against the blockchain industry. However, the regulator has now redirected its cannons at traditional financial enterprises....
Court Documents Show Terra’s Do Kwon Confessed Forging Trading Volume
According to SEC documents, Terra’s Do Kwon claimed he would not reveal anything. According to court documents by the United States Securities and Exchange Commission...
Bitmain Introduces Next Generation Antminer S21 Series
Bitmain is one of the leading Bitcoin mining firms in the world. The platform has once again asserted its dominance over the industry by introducing...
Former SEC Chief Wants Criminal Charges Against Sam Bankman-Fried’s Parents
John Reed Stark a former SEC official has asked the existing management of the agency to bring charges against SBF’s parents. He served as the...
Former Deutsche Bank Official Sentenced to 30 Years in Prison for Cryptocurrency Frauds
Department of Justice charged a former employee of Deutsche Bank with 30-years behind bars for running crypto scams. The agency has published a press release...
Trading Platform Rollbit Closes “Degen Exchange” Due to Legal Uncertainty
A major cryptocurrency exchange is shutting down its doors on account of legal uncertainty. Furthermore, the digital currency exchange has reported that its usage rates...
Citi Rolls Out Token Service for Institutional Clients
Citigroup has introduced a unique type of financial service for its commercial clients. The firm has introduced tokenized deposits to enable instant transfers and transactions....
Kraken User Lost $4.5 Million in a Phishing Scam
Phishing scams are often backed by 24/7 customer service chat support. These types of scams can give unsuspecting consumers false and misleading information. Such an...
Rep. Tom Emmer Reintroduces Privacy Bill to Stop Issuance of CBDC
Representative Tom Emmer recently brought up some concerns about the revocation of financial privacy from the Biden administration. He was referring to the introduction of...
Binance.US Volume Plunges Amid Regulatory Crisis
Binance.US reportedly suffers from reduced trading volume as per data projections till 16th September. The trading volume for the exchange platform was noted at $5.09...