CFTC issues $54M default judgment against trader in crypto fraud scheme
On June 28th, the Commodity Futures Trading Commission (CFTC) announced that Judge Naomi Reice Buchwald of the U.S.…
Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley…
TrueUSD assures users it has no exposure to troubled Prime Trust
On June 22, TrueUSD announced on Twitter that its TUSD stablecoin had “no exposure” to the troubled Prime Trust,…
BitGo terminates acquisition of Prime Trust
On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided…
Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies
Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility,…
Wall Street giants back EDX Markets, a new cryptocurrency exchange
EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent…
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report
Goldman Sachs is currently facing scrutiny from the Federal Reserve and Securities and Exchange Commission (SEC) regarding its involvement…
Crypto fund outflows reach $417M over 8 weeks as investor caution persists
On June 12, European cryptocurrency investment firm CoinShares published its latest weekly “Digital Asset Fund Flows Report,” revealing that cryptocurrency…
South Korean Bitcoin lending platform Delio pauses withdrawals
Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of…
Haru Invest files criminal complaint against consignment operator
B&S Holdings, formerly known as Aventus, a consignment operator, has been alleged by South Korean yield platform Haru…