The challenge in accounting for Tether reserves
Due to Tether remaining as opaque as possible, assessing its reserves can only be done by someone with full access to its books.
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Binance’s stablecoin BUSD hasn’t always been 1:1 backed, report
Many believe that Binance would follow-through on its promise to keep its stablecoin BUSD backed 1:1 to $1. It hasn't always.
Chief legal officer departs FTX-linked Moonstone Bank
Before joining Moonstone, Joseph Vincent spent 18 years as a top official in Washington’s Department of Financial Institutions.
— Huobi, Justin Sun
Justin Sun confirms 20% staff cuts at Huobi amid insolvency rumors
Rumors have been swirling about Huobi's insolvency and employee cuts. Now, advisor Justin Sun confirms 20% of staff will be let go.
Why was crypto so quick to embrace Andrew Tate?
Andrew Tate and his controversial past could prove to be a potential problem for bitcoin or any other crypto with designs on total legitimacy.
Former FTX lawyer expected to testify against Sam Bankman-Fried
Former FTX lawyer Daniel Friedman spoke to investigators about Sam Bankman-Fried's business dealings back in November, Reuters reports.
Scoop: Larry Summers gives up advisory role at crypto firm DCG amid criticism
Harvard professor Larry Summers has wiped all mention of his advisory role at DCG following backlash for comments he made about FTX.
Coinbase fined $100M over KYC and AML failures
Coinbase says it will pay $50 million to tie up the investigation and the same amount again to bring its compliance programs up to standard.
NFT founder used investor funds to fuel crypto casino addiction
Streamer DNP3 says he's “completely broke both financially and spiritually” after using investor funds to try to recover his huge losses.
Genesis pressure mounts as Cameron Winklevoss threatens Barry Silbert
Billionaire Cameron Winklevoss has written a letter to Barry Silbert of Genesis, escalating a dispute over hundreds of millions of dollars.