Cryptocurrency Analysis and News Portal
Brian Shroder, the president and CEO of Binance US, received a federal letter requesting the urgent disclosure of official documents that prove the exchange’s adherence to various investor-centric safety protocols. The request comes from a Subcommittee chairman under the United States House Committee on Oversight and Government Reform.In the letter
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"Pursuing both a NASDAQ listing and registration of the Shares in the United States enables the Company to accelerate its previously announced international expansion strategy to enhance shareholder value, while attracting institutional and retail investors globally," WonderFi said. Original Source
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The motion argues the NFT sales in question cannot be classified as instances of inside trading because NFTs are neither securities, nor commodities. Source
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The United States Securities and Exchange Commission, or SEC, has filed a complaint related to a 2017 initial coin offering from a blockchain project originally developed by the Walt Disney Company.In a Tuesday notice, the SEC said it had charged Dragonchain, the Dragonchain Foundation, the Dragon Company, and their founder
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The complaint alleges CEO John Roets, along with three Dragonchain entities, violated the Securities Act by raising millions of dollars from the sale of dragon (DRGN) tokens in an initial coin offering (ICO) predominantly marketed to crypto investors in 2017. The company then funneled the money into its marketing and
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Crypto futures exchange CoinFLEX has filed for restructuring in Seychelles as part of its plans to improve its financial situation. Original Source
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Nuri, a German startup crypto bank with 500,000 customers, filed for insolvency on Tuesday, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. The crypto bank said the move will “ensure the safest path forward” for all its customers but
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Cryptocurrency exchange Nuri has filed for insolvency in a Berlin court. Source
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The latest price moves in crypto markets in context for July 28, 2022. Source
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In a document dated Wednesday, July 27, Thai cryptocurrency exchange Zipmex said that its solicitors in Singapore, Morgan Lewis Stamford LLC, filed five moratorium applications, or legal authorization to debtors to postpone payment, under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 on behalf of the company. Zipmex seeks
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