Cryptocurrency Analysis and News Portal
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing wallets that receive transactions from Wasabi, a non-custodial bitcoin
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After the Customer Contract Decision, the bankruptcy partner at McCarter & English, LLP, David Adler, announced that Celsius is adjusting its timetables. Apr. 28, 2023, is the new cutoff, also called the Bar Date. Because of this amendment, it is now possible for creditors to provide evidence of a claim within the allotted
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The Arbitrum token (ARB) is now trading at around $1.38 across centralized and decentralized exchanges after a turbulent launch. Source
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Users likely claimed the tokens by interacting with the smart contract directly as blockchain scanners and the website were temporarily down. Source
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Lawyers representing a class action lawsuit against “BitBoy Crypto” YouTuber Ben Armstrong and other crypto influencers alleged to have promoted crypto exchange FTX have claimed Armstrong has made multiple threats against them.A March 20 court filing by the class action’s lawyers in a Florida District Court claimed Armstrong “began harassing”
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The letter, from Sens. Elizabeth Warren (D-Mass.), Chris Van Hollen (D-Md.) and Roger Marshall (R-Kansas) said that Binance and related entities "have purposefully evaded regulators, moved assets to criminals and sanctions evaders and hidden basic financial information from its customers and the public," the Journal reported. Original Source
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“While Binance US has affirmatively represented to its customers that it was working on getting licensed in Texas, Binance US has never applied for a license with the SSB [State Securities Board] and, after a year, abandoned its license application with the DOB [Department of Banking] after failing to submit
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Wright, who says he wrote the 2008 Bitcoin white paper under the pseudonym Satoshi Nakomoto, had sought to argue he should be able to block the operation of Bitcoin and the system that forked from it, Bitcoin Cash, because they breach his intellectual property rights. Source
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The United States Securities and Exchange Commission (SEC) admitted on record that the sale of LBRY tokens in the secondary market doesn’t constitute a security. The settlement came during an appeal hearing in the LBRY vs. SEC case on Jan. 30.LBRY Hearing: The Stakes for ALL Crypto https://t.co/YPbrBkw0Od— CryptoLaw (@CryptoLawUS)
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Included in the property are over 55 million Robinhood shares worth about $525 million. Bought with borrowed Alameda money, those shares were at the center of a fight between Bankman-Fried, FTX Group and BlockFi. Officials are also moving to claim $171 million in cash from a series of bank accounts
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