Vietnamese Police Arrests 5 Linked to Offshore Crypto Scam
Five individuals associated with an intricate crypto scam network operated by offshore criminals have been apprehended by a provincial police force in Vietnam. Police from Nghe An, a Vietnamese province bordering Laos and the Gulf of Tonkin, dismantled a scam organization based in Laos associated with fraudulent wire transfers on October 4. Offshore individuals who […]
Buying this Bitcoin dip is a ‘no-brainer’ – Quinn Thompson
Hedge fund manager and lekker Capital chief investment officer Quinn Thompson says buying this week’s Bitcoin dip is not advisable compared to the previous price dip. Quinn Thompson, the chief investment officer at Lekker Capital, believes that the 6% decline in Bitcoin since September 30 presents an opportunity for investors to accumulate additional BTC. Thompson […]
Lejilex Accuses SEC of Exceeding Regulatory Authority
Texas-based crypto startup Lejilex has accused the United States Securities and Exchange Commission of exceeding its regulatory authority. Lejilex, a crypto startup, and the United States Securities and Exchange Commission have submitted opposing briefs for summary judgment in a federal court in Texas, which has significantly escalated their legal dispute regarding the classification of cryptocurrency. […]
US spot Bitcoin ETFs See Biggest Monthly Outflow
The US spot Bitcoin exchange-traded funds (ETFs) have witnessed nearly $243 million in outflows due to the increasing tensions in the Middle East According to data from Farside Investors, the 11 US spot Bitcoin ETFs experienced an aggregate outflow of $242.6 million on Tuesday, October 1. This was the most significant outflow in nearly a […]
Hashdex Files Amended S-1 for US Crypto Index ETF
On October 1, asset manager Hashdex submitted an amended registration filing for a proposed exchange-traded fund (ETF) intended to function as a comprehensive cryptocurrency portfolio. The filing suggests that the crypto index ETF is making steady progress with the United States Securities and Exchange Commission (SEC) following the agency’s request for additional time to determine […]