A South Korean YouTuber allegedly ran a phony investment firm and tricked people into investing in worthless digital tokens, becoming part of a scam that resulted in over $232 million
Policy news
The newly created Department of Government Efficiency will work to cut “waste and fraud” from $6.5 trillion in US government spending.
Starting from July 1, ex-Bank of Spain Governor, Pablo Hernández de Cos, will serve as the new general manager of the Bank for International Settlements (BIS), succeeding Agustín Carstens. Known
Bitget’s app relaunch in the UK comes a few months after the exchange restricted its website in the UK in accordance with the Financial Promotions regime in May 2024.
Democrat Ruben Gallego has won the Senate seat in Arizona, a small consolation to the Democrats after a string of losses in the 2024 Senate election. His campaign received significant
Former Alameda Research co-CEO Sam Trabucco has agreed to provide two houses and a yacht to creditors of the now-bankrupt FTX crypto exchange. Trabucco, who quit Alameda last August, has
California revokes BlockFi’s license amid bankruptcy, Caroline Ellison is sentenced, Crypto.com faces scrutiny in Poland, and Senator Cynthia Lummis supports Trump’s Bitcoin reserve proposal.
Bankrupt crypto exchange FTX is suing Binance and ex-Binance CEO Changpeng “CZ” Zhao over alleged fraudulent repurchase of shares. FTX’s former CEO Sam Bankman-Fried’s trading firm, Alameda Research, is said
According to the President of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry.
Blockchain platform Flare and China’s Red Date Technology are piloting virtual financial services in Hong Kong, using China’s RealDID system for anonymous sign-ups. The first program lets users sign up