New York Financial News
17.02 / 08:59
17.02 / 05:25
business
Stablecoin
Adoption
Binance
SEC
Tether
Usd Coin
Binance mints 50M TrueUSD days after Paxos ordered stop issuing BUSD
Only days after reports of United States regulatory scrutiny of Paxos and Binance USD (BUSD), cryptocurrency exchange Binance has minted nearly $50 million worth of TrueUSD (TUSD).
17.02 / 02:03
UPS
SEC
CEO
Action
Southern
Terraform Labs
Luna
Sec Charges
SEC charges Do Kwon, Terraform with fraud in connection with Terra collapse
The Securities and Exchange Commission charged Terraform Labs and its CEO, Do Kwon, with fraud, alleging that they orchestrated a multibillion dollar «crypto asset securities fraud,» the SEC said Thursday.
17.02 / 01:37
regulation
SEC
Terra
Breaking: SEC sues Do Kwon and Terraform Labs for fraud
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs and its founder Do Kwon for "orchestrating a multi-billion dollar crypto asset securities fraud."
16.02 / 19:39
UPS
BTC
BLOCK
Digital
Software
Bitcoin
Bitcoin Price Prediction as BTC Blasts Past $24,000 – Is a New Bull Market Starting?
Bitcoin is on a roll as it blasts past the $24,000 mark, and investors are wondering whether a new bull market is starting. After Bitcoin hit an all-time high in December 2017, it suffered a major crash and has been struggling to regain its previous heights ever since.
16.02 / 17:17
UPS
Provident
Action
Coindesk
FTX
Sam
FTX Founder Sam Bankman-Fried’s Two Bond Guarantors Have Finally Been Unveiled – Court Documents Revealed Here
The two mysterious co-signers on FTX founder Sam Bankman-Fried’s bond managed to keep their identities hidden for a long time, but new court documents have finally revealed who they are.
16.02 / 17:07
UPS
Provident
Binance
CEO
Strategy
Investigations
end
Binance prepared for penalties to end US investigations, details inside
Leading crypto exchange Binance is preparing to face penalties in order to resolve outstanding regulatory and law enforcement investigations in the United States.
16.02 / 13:47
Celsius
Bankrupt crypto
Bankrupt Crypto Lender Celsius Finds a Buyer for Platform to Restart Operations – Here's the Latest
Digital asset investment firm Novawulf Digital Management has reached a deal with crypto lender Celsius to buy its lending operations and help bring an end to its bankruptcy case.
16.02 / 10:21
16.02 / 04:49
business
Court
Bankruptcy
Celsius
exit
Celsius chooses NovaWulf's bid to exit from bankruptcy
Bankrupt crypto lender Celsius Network has chosen NovaWulf Digital Management as the sponsor for its proposed Chapter 11 restructuring plan which will see the investment advisory firm take over the operations of a new company, and most customers estimated to recover up to 70% of their funds.
16.02 / 04:49
business
Fraud
vpn
Court
Smartphone
bail
play
SBF won’t be able to play League of Legends under proposed bail changes
Sam Bankman-Fried, the former CEO of crypto exchange FTX may no longer be able to play League of Legends and other video games if newly proposed changes to his bail conditions from United States prosecutors are approved.
16.02 / 01:27
regulation
wallet
Insurance
CEX
FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance
The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them that they are potentially in violation of federal law due to false and misleading statements about the exchange’s insurance status. The agency has given the exchange 15 days to make corrections.
15.02 / 17:19
Binance
FTX
Fried
Sam
FTX Cracks Down on Company Insiders: Subpoenas Issued to Sam Bankman-Fried, Caroline Ellison and Others – What's Going On?
Insiders at the now-bankrupt crypto exchange FTX have been issued subpoenas to produce specific documents within the next day, court filings have revealed.
15.02 / 11:39
UPS
Ethereum
BTC
CoinMarketCap
Bitcoin
US CPI
us cpi data
Bitcoin Price Prediction as US CPI Data is Released – Here's Where BTC is Headed Now
Bitcoin, the world's largest cryptocurrency, halted its downward rally and climbed beyond the $22,000 mark. During New York trade, BTC rose by up to 3.2% to $22,323, after dipping earlier in the day. Meanwhile, Ethereum, the second most valuable cryptocurrency, has also risen back above the $1,500 mark.
15.02 / 08:53
business
regulation
Court
Celsius
creditors
committee
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The official committee of Celsius creditors is proposing to sue Celsius co-founder Alex Mashinsky and other executives for "fraud, recklessness, gross mismanagement and self-interested conduct" that eventually led to the collapse of the crypto lender.
15.02 / 02:45
Binance
Digital
SEC
Platform
Action
Kraken
Bitcoin
hearing
Crypto Slammed in Senate Hearing
Reckless. Speculative. Rule-skirting. Those were just some of the salvos that Senate Banking Committee Chair Sherrod Brown lobbed at the crypto industry as he rolled out a Capitol Hill hearing that featured experts who testified that digital assets need more oversight, just days after a spate of regulatory actions against cryptocurrency firms.
14.02 / 20:31
NFT
regulation
SEC
Market Update
Bitcoin
Crypto Staking
Why the SEC wants to ban crypto staking and stablecoins under scrutiny — Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss why the United States Securities and Exchange Commission is going after crypto staking and why stablecoins have been in the news recently.
14.02 / 20:07
vpn
FTX
Fried
Prosecutors Voice Concern Over Bankman-Fried's Use of VPN
US prosecutors have expressed concern over Sam Bankman-Fried's use of a Virtual Private Network (VPN) to access the internet while under house arrest.
14.02 / 19:55
BTC
Gemini
Southern
Bitcoin
Former Gemini executives faced criminal investigation in 2022: Report
Two former executives at crypto exchange Gemini were probed as part of a now-closed criminal investigation related to the first US Bitcoin [BTC] futures contract, which was debuted by the exchange. The investigation revolved around the civil case filed against the exchange by the Commodity Futures Trading Commission (CFTC) in June 2022.
14.02 / 19:19
Law
regulation
vpn
Court
Fried
Sam
Sam Bankman-Fried's use of a VPN on Super Bowl Sunday 'raised concerns', say prosecutors
Prosecutors behind the criminal case against former FTX chief executive officer Sam Bankman-Fried have requested additional time to consider the legal implications of him using a virtual private network, or VPN.
14.02 / 19:17
Binance
Progressive
Gap
Yellow
Binance Coin’s [BNB] breakdown beneath $300 means traders can prepare for…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
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