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South Korean Prosecutors Arrest Executive Linked to Crypto Exchange Bithumb: Report

South Korean prosecutors had sought Kang's arrest last week along with two other executives including his younger sister, Kang Ji-Yeon, the CEO of two publicly traded Bithumb affiliates, Inbiogen (101140) and Bucket Studio (066410), according to local reports. Source

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Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report

The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams according to an independent analysis.A Jan. 29 joint investigation by media firms the Bureau of Investigative Journalism and the Observer suggested organized crime groups are using the U.K. as their

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Bitcoin pumped 43% in January 2023! What to expect in February — Watch The Market Report live

This week on The Market Report, the resident experts at Cointelegraph discuss Bitcoin’s (BTC) impressive January rally and whether there are any indicators that suggest it could continue in February.We start off this week’s show with the latest news in the markets:Best January since 2013? 5 things to know in

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US lawmakers renew request for answers from Silvergate on FTX: Report

Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange FTX.According to a Jan. 31 Bloomberg report, U.S. Senators including Elizabeth Warren, Roger Marshall and John Kennedy said Silvergate had not

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New York financial regulator investigates Gemini over FDIC claims: Report

New York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims the firm made in regards to assets under its Earn lending program.According to a Jan. 30 report from Axios, the “New York State agency that regulates Gemini” — the Department of Financial Services handles firms

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Digital asset investment products see highest inflows since July 2022: Report

On Jan. 30, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that digital asset investments experienced a surge in inflows last week, reaching $117 million, the highest since July 2022. CoinShares reported that the sector’s total assets under management rose to $28 billion, a 43%

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