Axie Infinity chief denies insider trading, says firm was fighting short-sellers
Trung Nguyen says Axie funds were moved to steady the firm’s finances, provide liquidity, and outwit those looking to profit from $600M hack.
Trung Nguyen says Axie funds were moved to steady the firm’s finances, provide liquidity, and outwit those looking to profit from $600M hack.
The Law Commission of England and Wales says crypto needs to be clearly defined in property law, helping investors claim losses from hacks.
In the letter, Dick Durbin, Tina Smith, and Elizabeth Warren also called the decision to allow Fidelity’s users access to bitcoin “ill-advised.”
Is bitcoin a rich man’s casino? Comparing price action with moves by major players seems to confirm they can indeed shift the bitcoin market.
Given Kraken’s track record, it’s hardly surprising a US Treasury probe is expected to issue fines for sanctions evasion.