Day: 22 September 2023

In a surprising turn of events, Bybit has announced the suspension of its services in the United Kingdom (UK). Starting from October 1, 2023, the exchange will cease onboarding new users residing in the UK. Existing users in the region are expected to wind down their positions on the exchange ...

The management of bankrupt cryptocurrency exchange FTX has initiated legal proceedings against former employees of a Hong Kong affiliate, Salmeda. FTX alleges that these individuals withdrew $157.3 million under fraudulent circumstances just hours before the exchange filed for bankruptcy. The defendants in this lawsuit, Michael Burgess, Matthew Burgess, Lesley Burgess, ...