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Government supervision is needed to protect investors and crack down on unlicensed platforms, Lee said according to the report. The Hounax case follows a similar one involving crypto exchange JPEX, which led to the arrest of six people in September after more than a thousand complaints involving a total of
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“This incident highlights the importance that when investors want to invest in virtual assets, then they must invest on platforms that are licensed" and regulated by the Hong Kong Securities and Futures Commission (SFC), Lee said according to remarks published on his website. “We will be doing more public education
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tom Lee of Fundstrat foresees a potential surge in Bitcoin’s value, particularly if the US approves spot Bitcoin ETFs, hinting at prices exceeding $150,000. In a recent CNBC interview, Tom Lee, co-founder of Fundstrat Global Advisors, predicted
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tom Lee, a prominent cryptocurrency analyst at Fundstrat, recently shared his observations on bitcoin’s ability to maintain critical support levels in the face of significant regulatory challenges. Despite the introduction of stringent regulations in the cryptocurrency
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Litecoin (LTC) can make some big gains versus Bitcoin (BTC), particularly as the August halving event gets closer, according to Litecoin's creator Charlie Lee.Litecoin up 85% since record lows versus BitcoinLee argues that LTC/BTC could rally to 0.025 BTC, or over 700%, in the next bull cycle, with Litecoin having "higher throughput
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The San Francisco Police Department has arrested a tech executive named Nima Momeni in connection with the April 4 stabbing of Cash App creator Bob Lee.In an April 13 press conference, the SFPD announced that Momeni was in custody following the execution of search and arrest warrants in San Francisco and
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Open edition NFTs have gained popularity in recent months, in part due to their relatively affordable prices. Late renowned martial artist and actor Bruce Lee has entered the world of Web3 as part of a partnership between the Bruce Lee Foundation and NFT-driven video platform Shibuya. The official Bruce Lee account
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In a note to executives and employees at the time of his retirement, Lee also talked about the necessity of blockchain technology. According to some recent reports, Binance is collaborating with Lee Woong-Yeol, the honorary chairman of Kolon, for a new virtual asset exchange in South Korea. According to sources, Lee
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Lee Jung-hoon, the former chair of the South Korean cryptocurrency exchange Bithumb, was found not guilty on Jan. 3 by the 34th Division of the Criminal Agreement of the Seoul Central District Court.Jung-Hoon was on trial under accusations of violating the Act on the Aggravated Punishment Of Specific Economic Crimes
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Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more than three years as a commissioner.In a Friday announcement, chair Gary Gensler and commissioners Hester Peirce, Mark Uyeda, and Caroline Crenshaw said Lee had left the
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