In brief Changpeng “CZ” Zhao and Binance were named in a lawsuit seeking nearly $200 million in the U.K. The suit alleges …
Reuters
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Scams
Crypto Exchange Binance Will Be Rejected for EU Regulatory License: Reuters
by shayaanby shayaanIn brief A report from Reuters cites sources saying that the firm’s MiCA application will be denied in the European Union. Binance …
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Finance
Trump family’s $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds
by shayaanby shayaanPresident Donald Trump’s family has turned crypto into one of the most lucrative businesses tied to its name, outpacing some of the …
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Scams
Kazakhstan’s Central Bank Will Invest Up to $350 Million in Crypto Assets: Reuters
by shayaanby shayaanIn brief Kazakhstan’s central bank could invest up to $350 million in crypto and related assets. The investments will comprise associated firms …
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On Tuesday, a federal judge ruled in favor of Reuters’ parent company, Thomson Reuters, in their lawsuit against legal AI developer Ross …
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Mining
Bitcoin Miner Riot Platforms Targeted by Second Activist Investor: Reuters
by shayaanby shayaanBitcoin miner Riot Platforms (RIOT) finds itself a target of a second activist investor, with Reuters reporting investment management giant D.E. Shaw …
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Markets
French Prosecutors Expand Money Laundering, Tax Fraud Probe Against Binance: Reuters
by shayaanby shayaanFrench authorities have expanded a probe into Binance, investigating alleged money laundering, tax fraud and other crimes at the crypto exchange from …
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Finance
Saudi Prince’s Investment Firm Shuns Crypto Investments, Citing Lack of Utility: Reuters
by shayaanby shayaanKingdom Holding, the investment firm of Saudi Arabian Prince Alwaleed Bin Talal, won’t invest in cryptocurrency in the near future because it …
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Markets
Do Kwon Pleads Not Guilty to Fraud Following Extradition to US: Reuters
by shayaanby shayaanDo Kwon, founder of the failed Terra Luna crypto ecosystem, pleaded not guilty to charges of fraud following his Dec. 31 extradition …