Binance, on Thursday, September 28, 2023, announced that there would be a brief interruption of euro (EUR) payments due to Paysafe's unilateral decision "to stop processing EUR deposits" for the exchange's users. The exchange stated that Paysafe users will...
Binance is bidding farewell to the Russian market, selling its business subsidiary in the nation to CommEX. While this exit process will unfold over the next year, Binance has assured its Russian users that their funds will remain unaffected....
Feng Xiaodong, the founder of Mixin, a decentralized wallet service that recently fell victim to a $200 million hack, revealed in a public livestream on September 25, 2023, that the protocol can currently only guarantee the safety of half...
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 Australian Securities and Investment Commission (ASIC) has taken legal action against Bit Trade Pty Ltd for failing to comply with design and distribution obligations related to its margin trading product. ASIC made this announcement on Thursday, September 21,...
Nobuaki Kobayashi, the trustee overseeing the bankruptcy proceedings of the now-defunct cryptocurrency exchange Mt. Gox, has announced a further extension of the repayment deadline for creditors. In a letter addressed to the creditors on September 21, 2023, Kobayashi revealed...
Former Deutsche Bank investment banker Rashawn Russell has pleaded guilty to misappropriating funds from investors he deceived with promises of significant returns from cryptocurrency trading. The U.S. Justice Department, on Tuesday, September 19, 2023, released a statement saying that...
Joseph Lam Chok, a prominent social media influencer and lawyer in Hong Kong, has been arrested by local police on suspicion of promoting an unlicensed cryptocurrency exchange and trading platform, JPEX. Local newspaper South China Morning Post reported that...
Singapore's Monetary Authority (MAS) has imposed a nine-year ban on Zhu Su and Kyle Davies, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC), for their alleged breaches of the country's securities laws. The MAS announced...
The Hong Kong Securities and Futures Commission (SFC) has issued a public warning regarding the activities of JPEX, an unlicenced virtual asset trading platform operating in the region. In a statement released on September 13, 2023, the SFC raised...
