FTX creditors include Google, Meta, Circle, Genesis, govt. agencies
The impact of the FTX meltdown has outstripped the crypto ecosystem and leeched into the mainstream tech industry and beyond.
Dark web hitmen paid $60,000 BTC to kidnap estranged wife
The U.S. Attorney’s Office for the Eastern District of Washington issued a press release on Jan. 24 announcing the sentence.
Roger Ver says he can afford to pay Genesis $20M but insolvency changes agreement
Ver claims that his agreement required the company to remain solvent.
Arizona senator keeps pushing to make Bitcoin legal tender
If approved, the bill would allow Arizona residents to transact and pay taxes with BTC. A similar bill was first introduced in January 2022.
Prosecutors seize SBF’s $50M deposit to small bank
Roughly $50 million of SBF's deposit has been seized by prosecutors – Alameda invested $11.5 million earlier in the same bank.
Genesis creditors launch class action lawsuit against DCG, Barry Silbert
The lawsuit alleges that Genesis violated the Securities Act and seeks to hold DCG and Silbert liable as "control persons."
Genesis subsidiary sues ‘Bitcoin Jesus’ for $20.86M
The embattled firm alleged that Ver failed to settle cryptocurrency options trades that expired on Dec. 30, 2022.
Genesis aims to close a deal with creditors
Genesis has "confidence" it can resolve disputes with creditors this week. The lender is looking to exit bankruptcy by May 19.
Massachusetts bill for special blockchain commission to assess government usage
The Special Commission bill was filed on the same day as another bill related to increasing consumer protection against crypto exchanges.
SEC says Mango Markets attacker stole $116M, violated securities laws
Avraham Eisenberg faces permanent injunctions and penalties of an unknown amount.
Ex-FTX chief regulatory officer alleges misconduct by S&C, Ryne Miller
Daniel Friedberg alleged that S&C breached ethical obligations and made false statements while Miller channeled business to S&C.
Gemini co-founder threatens lawsuit against DCG, Barry Silbert
Cameron Winklevoss argued that Genesis' bankruptcy does not insulate Barry Silbert or DCG from accountability.
ConsenSys faces audit at shareholder request
A Swiss judge has approved an audit that will investigate a $715 million transaction.
Binance named among Bitzlato top 3 receiving counterparty
Binance was named as one of Bitzlato’s top three receiving counterparties, according to the US Treasury Financial Crimes Enforcement Network.
S. Korea indicts 20 people for illegal $170M crypto profiteering
The accused individuals sent around $3.2B out of S. Korea under false pretenses, violating foreign exchange laws, to buy crypto abroad.
SEC lawsuit against Ripple may end by summer: Ripple CEO
Ripple CEO Brad Garlinghouse expects a judgment in the first half of 2023.
Hong Kong exchange Bitzlato seized; founder arrested
Bitzlato was the second-largest crypto transactions counterparty for users of Hydra, the darknet marketplace shut down last year.