© Reuters. By Raphael Satter WASHINGTON (Reuters) -The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt. Gox, one of the world’s earliest, biggest and most widely publicized alleged bitcoin heists. The department in a statement said Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, were charged with conspiring to...
Tag: Crypto
Crypto custodian BitGo signals intent to acquire Prime Trust By Cointelegraph
Wallet infrastructure provider and digital asset custodian BitGo have signed a non-binding letter of intent to acquire fintech infrastructure provider Prime Trust, according to an announcement on June 8. The terms of the agreement were not disclosed. If the deal goes through, BitGo will acquire Prime Trust’s payment rails and cryptocurrency IRA fund and increase...
US SEC chair says crypto companies made ‘calculated’ decision to flout rules By Reuters
© Reuters. FILE PHOTO: U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services and General Government Subcommittee hearing on President Biden’s budget request for the Securities and Exchange Commission, on Capi By John McCrank (Reuters) – The chair of the U.S. Securities and Exchange Commission (SEC) on Thursday strongly...
North Korean hackers linked to Atomic Wallet crypto hack
Crypto researchers say North Korean state-backed hackers are likely behind a recent hack on Atomic Wallet customers, resulting in millions of dollars in estimated losses. Estonia-based Atomic Wallet is a non-custodial decentralized wallet, which means users are responsible for the assets they store. The company, which supports over 500 coins and tokens, including Bitcoin and...
Major Australian bank to decline ‘certain’ payments to crypto exchanges By Cointelegraph
Commonwealth Bank (CBA), the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers. The move comes amid two major global exchanges facing a lawsuit from the United States securities regulator and is just a few weeks after another major Australian bank, Westpac,...
SEC lawsuits against Binance and Coinbase unify the crypto industry By Cointelegraph
© Reuters Update (June 7, 12:05 PM UTC): This article has been updated to add comments from BitMEX CEO Stephan Lutz Professionals across the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against two of the biggest crypto exchanges, Binance and Coinbase (NASDAQ:). Crypto ownership data from 2020...
Coinbase chief legal officer expects new crypto laws to come in wake of SEC lawsuits
Coinbase, the second largest crypto exchange globally, is pushing for regulatory clarity in the crypto ecosystem, even as it’s fighting some legal battles of its own. The SEC sued Coinbase for securities laws violations on Tuesday, just one day after the SEC sued Binance, the world’s largest crypto exchange. In April, the SEC issued a...
As SEC files motion to freeze Binance assets, crypto market remains green
A day after the SEC filed 13 charges against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, it has requested a temporary restraining order to freeze assets for all of the parties involved, according to a filing on Tuesday. The filing shows that the motion was granted. The order is...
SEC Chair Gensler lambasts crypto industry after agency charges Binance, Coinbase
The waters have been very hot in the crypto industry this week. The U.S. Securities and Exchange Commission (SEC) has filed two separate lawsuits against two of the largest crypto exchanges in the world: Binance and Coinbase. “This is about both investors and issuers in the crypto space, to bring them into compliance,” SEC Chair...
Cboe Digital receives nod for margin trades on its crypto futures exchange By Cointelegraph
Cboe Digital, a major options exchange in the United States, has had its application to offer margined futures contracts for (BTC) and Ether (ETH) approved by the United States commodities regulator. While Cboe has offered crypto futures contracts since December 2017, margin trades were not available to users. Continue Reading on Coin Telegraph Source: Investing.com