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FTX customers file class-action lawsuit to get priority reparations
Customer class members don’t want to stand in line along the creditors of a failed crypto platform.
Argo Blockchain sells top mining facility to Galaxy Digital for $65M
Argo Blockchain reduces its total debt by $41 million by selling its flagship Helios mining facility and getting a $35 million loan from Galaxy.
Alameda wallets become active days after SBF bail, community mulls foul play
The recent movement of funds from Alameda wallets just days after Sam Bankman Fried was released on bail raised many eyebrows about the timing.
China’s CBDC wallet resorts to ages-old tradition to boost adoption
A traditional Chinese way of gifting money that’s gone virtual with the rise of digital payments has been introduced into the digital yuan wallet app.
Executives from $1.5B South Korean crypto exchange fraud jailed
The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO, known as Mr. Lee was previously sentenced to a 22 year prison term.
Kraken quits Japan for second time blaming a ‘weak crypto market’
The crypto exchange said it will deregister from Japan’s Financial Services Agency as a Crypto Asset Exchange Operator from Jan. 31, 2023.
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now.
SBF borrowed $546M from Alameda to fund Robinhood share purchase
An affidavit by the FTX founder revealed Alameda funded the purchase of Robinhood shares which were later used as collateral for Alameda to secure a loan from BlockFi.
Underdog rises: Dogecoin survived carnage in 2022 better than most
DOGE has performed much better than SHIB this year, despite the Shiba Inu community actively working on a L2 network, Metaverse and blockchain games.
100%: Public Bitcoin miners sold almost everything they mined in 2022
Public Bitcoin miners sold off nearly everything they mined in 2022 but appear to have started accumulating reserves once again in what some hope is a bullish signal.