Wednesday, April 23, 2025
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‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase

Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Commission (SEC).In March, Coinbase received a Wells notice from the SEC, potentially leading to the financial regulator taking enforcement action

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Zipmex requests 2-month extension from Singapore court for restructuring plan

Cryptocurrency exchange Zipmex has requested another extension which would allow for a longer moratorium on its debt in Singapore amid the firm’s liquidity issues.In an April 18 announcement, Zipmex said it was currently in negotiations with investors in an attempt to “maximize returns for customers” following a delay in payments.

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Blockchain Association files further FOIA requests over banking closures

More Freedom of Information Act (FOIA) requests seeking information on recently closed crypto-friendly banks have been submitted by cryptocurrency advocacy group the Blockchain Association (BA) to two regulators.On April 14, the Association said that in addition to the FOIA requests, it has also filed Freedom of Information Law (FOIL) requests

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