Beleaguered crypto lender Celsius Network operated as a classic “Ponzi scheme,” the former head of the company’s key investment strategy alleged in a lawsuit, claiming the company used customer deposits Read more
Tag: Cryptocurrency Exchanges
Crypto exchange FTX still has ‘a few’ billion dollars to backstop industry, says Sam Bankman-Fried
Crypto billionaire Sam Bankman-Fried, chief executive at FTX, said he and his company still have “a few” billion to backstop embattled digital asset companies, as crypto prices crash and the Read more
Crypto crash: How prices for bitcoin and ethereum changed in June 2022
Cryptocurrencies like bitcoin BTCUSD, +3.45% and ether ETHUSD, +3.91% have exploded in popularity in recent years, and are now traded by both individual investors and large companies like Tesla TSLA, -0.36% Read more
Grayscale sues SEC after its bid for a spot bitcoin ETF is rejected
Grayscale Investments sued the U.S. Securities and Exchange Commission on Wednesday, shortly after the regulator rejected its bid to list the first spot bitcoin exchange-traded fund. The SEC has denied Read more
Crypto exchange CoinFlex won’t lift withdrawal freeze yet, despite ‘significant progress’ in rescue token fundraising, CEO says
Crypto exchange CoinFlex, which has halted user withdrawals since June 23, will not lift the freeze on Thursday as originally planned, Mark Lamb, the company’s chief executive, told MarketWatch. The Read more
Crypto exchange CoinFlex won’t lift withdrawal freeze yet, despite ‘significant progress’ in rescue token fundraising, CEO says
Crypto exchange CoinFlex, which has halted user withdrawals since June 23, will not lift the freeze on Thursday as originally planned, Mark Lamb, the company’s chief executive, told MarketWatch. The Read more