Tag: Cryptocurrency exchanges
Bitzlato Founder Admits Laundering $700M
Reading time: < 1 minuteAnatoly Legkodymov, the founder of the Bitzlato crypto exchange platform, has admitted guilt in the transfer and laundering of criminal funds.
Robinhood: Crypto Trading Activity Rises by 75%
Reading time: < 1 minuteThere was a 75% increase in digital currency trades on the Robinhood platform during the month of November, according to a filing with the Securities and Exchange Commission (SEC).
South Korea Allows People Report Unlicensed Cryptocurrency Exchanges
Reading time: < 1 minuteOn December 4, regulators in South Korea advised individuals to report any unlicensed cryptocurrency exchanges operating in the region.
Mike Novogratz: Binance’s Deal with US Authorities is Positive
Reading time: < 1 minuteGalaxy Digital CEO Mike Novogratz sees the recent settlement between US authorities and Binance as a positive development for the company and the wider cryptocurrency industry.
FTX Granted Permission to Sell Assets to Pay Creditors
Reading time: < 1 minuteA bankruptcy court in Delaware authorized FTX Trading and its related debtors on Wednesday to sell trust assets valued at $744 million.
Binance to Withdraw BUSD Support in December
Reading time: < 1 minuteBinance announced that it will discontinue support for its BUSD stablecoin on Dec. 15.
Bitfinex: Volume of Profitable Bitcoins Reaches Highest Level in 2 Years
Reading time: < 1 minuteAccording to a recent report by Bitfinex analysts, the percentage of potential profit-generating Bitcoins has reached the highest figure since November 2021.
Soccer Player Cristiano Ronaldo is Sued for Promoting Binance
Reading time: < 1 minuteProfessional soccer player Cristiano Ronaldo is facing a potential class-action lawsuit for his involvement in promoting Binance.
US Department of Justice Petition: CZ Should Be Allowed to Remain Free Until Court’s Final Verdict
Reading time: < 1 minuteA new petition from the US Department of Justice states that the former CEO of Binance, Changpeng Zhao (CZ), should be allowed to remain free until the court’s final verdict
Hong Kong Authorities Open an Investigation into Crypto Platform Hounax
Reading time: < 1 minuteCrypto trading platform Hounax is being investigated for allegedly defrauding 131 people of HKD 120 million ($15.4 million).
