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Celsius calls out Prime Trust in court, alleging firm didn’t turn over $17M in crypto

Crypto lending platform Celsius Network has filed a lawsuit claiming that custodian Prime Trust failed to turn over roughly $17 million worth of cryptocurrency.In a Tuesday filing with the U.S. Bankruptcy Court in the Southern District of New York, Celsius’ legal team brought a complaint against Prime Trust, alleging the

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‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term – Markets and Prices Bitcoin News

Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong. The Wolf of Wall Street Shares Bitcoin Outlook Jordan Belfort, aka the Wolf of

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SEC’s Hester Peirce opposes crypto bailouts — SBF didn’t get the memo

Securities and Exchange Commission (SEC) commissioner Hester Peirce has spoken out against crypto company bailouts, arguing it’s actually better to “let these things play out,” to create a more sustainable industry. Peirce, the most pro-crypto commissioner for the United States SEC, told Forbes that the recent crash in crypto, though painful,

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Crypto Twitter’s Misdirected Furor Didn’t Fix the Travel Rule

Hardware wallet maker Trezor announced last Thursday it had adopted software that makes it easier for Switzerland residents to withdraw crypto from a regulated exchange to their own wallet – then reversed course a day later. So WTF happened?Within moments of the first story breaking, a Crypto Twitter storm-in-a-teacup was

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Binance Didn’t Upgrade Customer Checks, Despite Promises to Regulators: Report

The world's largest crypto exchange kept weak know-your-customer (KYC) checks and did not properly cooperate with authorities, despite its public promises about compliance, Reuters said in an investigative report published Friday. The report was based on interviews with dozens of former employees of Binance, advisers and business partners, as well

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How the Democratic Party didn’t stop worrying and fearing crypto in 2021

As 2022 is kicking off, America nears the first anniversary of Joe Biden’s presidency. Following the tenure’s ambitious start, the last few months witnessed some serious tumult around the overall health of the United States economy, the administration’s handling of the COVID-19 pandemic, and the tense debate around Biden’s opus

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