Will arrested Terra founder Do Kwon be extradited to the US or South Korea?
Former fugitive Do Kwon is a hot commodity. Both the US and South Korea are battling to win extradition, where he faces grave fraud charges.
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This firm got $475M from SBF last year, now FTX wants it back
The deal avoids a lengthy legal battle with Modulo and gets around the fact that SBF won't be available due to ongoing criminal proceedings.
Opinion: Silicon Valley Bank and the hypocrisy of venture capitalists
According to Cas Piancey, venture capitalists revealed just how flimsy their values of deregulation were when they abandoned SVB.
— Crypto, Justin Sun
SEC sues Justin Sun over TRX, BTT, market manipulation
The SEC claims that Sun, the Tron Foundation, the BitTorrent Foundation, and Rainberry Inc. engaged in a scheme involving wash trading.
Bitcoin mining industry outpaces the gains of bitcoin itself
With the price of bitcoin up 64% year-to-date, valuations for Bitcoin mining industry companies have more than doubled.
Dodgy cryptos MiamiCoin and NYCCoin finally get delisted
Mayors of Miami and New York have shilled MiamiCoin and NYCCoin. Both are now delisted by the OkCoin, the only exchange that offered them.
Coinbase execs have sold 9 times more stock than they’ve bought in 2023
Since late December, Coinbase insiders have sold more than 500K shares for just over $26 million while only 57K shares have been bought.
US Treasury considers 100% backstop of bank deposits
Emergency powers at the US Treasury allow Treasury Secretary Janet Yellen to backstop all US bank deposits.
UK crypto group wants gov’t to step in to stop de-banking
CryptoUK says a list of safe firms is just one of a number of measures the government can take to prevent exchanges from being de-banked.
IRS wants to know if NFTs count as collectibles for tax purposes
The Treasury and the IRS aren't sure whether NFTs count as collectibles, which would impact capital gains tax. The public can now weigh in.