FTX files lawsuit to recover $446 Million from Voyager
Bankrupt crypto exchange FTX has filed a lawsuit against bankrupt crypto lender Voyager Digital to recover $446 million in loan repayment that was made by the former before filing for bankruptcy. According to sources, the insolvent cryptocurrency exchange FTX sued cryptocurrency lender Voyager Digital on Monday in an attempt to recoup $445.8 million in loan […]
Dutch central bank fines Coinbase $3.6M for lack of registration
Dutch central bank has charged US-based crypto exchange Coinbase 3.3 million euros ($3.6 million)as fines for the lack of registration and failure to follow local rules. According to a Reuters article from January 26, the Dutch central bank, De Nederlandsche Bank (DNB), penalized cryptocurrency exchange Coinbase 3.3 million euros ($3.6 million) for failing to follow […]
OKX claims its proof-of-reserves is 100% clean
Crypto exchange OKX stated that it has a clean proof-of-reserves (PoR) comprising bitcoin, ethereum, and USDT. According to OKX, it has a clear proof of reserves (PoR) that includes the most significant assets in the sector (bitcoin, ethereum, and USDT). It is the third monitor for January, according to the platform. OKX has virtual assets […]
Binance faces money laundering accusation in connection with Bitzlato
In recent news, Binance cryptocurrency exchange has allegedly been affiliated with money laundering through transactions with crypto exchange Bitzlato. The creator of Bitzlato, a Russian named Anatoly Legkodymov, has been charged with using the website to launder 700 million dollars. According to the U.S. Justice Department, these monies have been used to carry out criminal […]
Coinbase shuts down operations in Japan
In the face of extreme market situations, Coinbase crypto exchange has officially halted its operations in Japan. The exchange urges customers to withdraw their crypto and cash assets by February 16. On January 18, Coinbase took the tough choice to thoroughly assess its operations in Japan and to stop all transactions with current clients, according […]