FTX sues Binance, former CEO CZ for alleged fraudulent $1.76b transfer
In 2019, Binance acquired a 20% stake in collapsed FTX in a deal with Sam Bankman-Fried In 2021, Binance and FTX agreed to a deal that saw FTX buying back…
Flowcarbon, co-founded by former WeWork CEO, refunds investors after failed token launch
Flowcarbon have refunded investors after failing to launch the Goddess Nature Token (GNT). The GNT token was meant to tokenize carbon credits but faced market and regulatory challenges. Flowcarbon raised…
Former Mt. Gox CEO Mark Karpeles to launch EllipX crypto exchange
Mark Karpeles to launch EllipX crypto exchange in Europe. EllipX will comply with EU MiCA regulations, offering a crypto-only platform at launch. Former Mt. Gox users will get a 50%…
Binance and former CEO CZ face new lawsuit over alleged crypto laundering
Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and…
Former FTX exec Ryan Salame sentenced to 90 months in prison
Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried was sentenced to 25 years in prison. Former FTX executive…
Former chief of the U.S. CFTC joins Paxos board of directors
Christopher Giancarlo, former CFTC chief has joined Paxos board. Giancarlo’s advocacy for blockchain innovation aligns with Paxos’ mission for regulated solutions. Paxos aims to drive financial sector innovation with Giancarlo’s…
China’s former CBDC chief is under government investigation
China investigating Yao Qian, the former head of the Digital Yuan project. Local media reports say Yao is under probe for “violations of discipline and law.” Yao Qian, a leading…
Former Binance CEO Changpeng Zhao teases a new project
Former Binance CEO Changpeng Zhao teases educational project. Zhao has emphasized there will be no new tokens. The new project follows Zhao’s resignation amid legal challenges. Former Binance CEO Changpeng…
Bitcoin to reach $70,000, says former BitMEX chief; growth forecasted for Bonk competitor
Former BitMEX Chief Arthur Hayes recently made waves in the crypto world with his bold prediction that Bitcoin is set to reach $70,000 in the near future. This optimistic forecast…
Bitget Wallet Welcomes Alvin Kan, Former Senior Executive at BNB Chain, as New COO
Victoria, Seychelles, February 5th, 2024, Chainwire Bitget Wallet, a global leading Web3 trading wallet, has officially announced the appointment of Alvin Kan as its Chief Operating Officer (COO) to lead…