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Summary: U.S. authorities sold over 9,000 Bitcoin forfeited by Ross Ulbricht in the Silk Road case, a darknet marketplace shut down in 2013. The government liquidated $216 million in BTC, paying around $215,000 in fees on March 14 per a court filing.U.S. authorities plan to liquidate an additional 41,490 BTC in
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The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. UBS’ decision to acquire its rival, Credit Suisse, has, of course, shaken up the financial industry once again. It comes a week after the collapse of Silicon Valley Bank
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The number of NFT traders actively trading on March 11 was only 11,440, the lowest amount reported since November 2021. This decline in traders can be attributed to fear that the implications of a central United States bank failing might have been instilled in investors, leading to the trading volumes of nonfungible tokens
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Over the last year, a series of court cases have struck the crypto industry. Bankruptcy, liquidity issues and fraud have caused the industry to fall under the microscope of regulators around the world.The former cryptocurrency brokerage company Voyager Digital, Alameda Research - the investment arm of FTX- and cryptocurrency exchange
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Bitcoin (BTC) stayed lower into the weekend as ongoing problems at Silvergate bank pressured markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBad news holds Bitcoin backData from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering at around $22,350 on March 4.The pair had managed to avoid further losses after the initial shock
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The firm’s creditors range from tech companies to hoteliers, airlines, and even government-owned entities in the US and foreign countries.As the FTX saga continues unraveling, more revelations are coming to the fore about the bankrupt exchange. In one of the latest developments, a court document has revealed the complete list
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Having been granted the opportunity to enjoy Christmas and the
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After the FTX collapse, the story seems as though it came from a financial thriller based on fiction and made-up characters. However, the story and the people behind it are very real and today’s streaming giants like Amazon, Apple, and Netflix are vying to get the rights to tell the
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Mt Gox creditors have been issued new information concerning their claims and it seems they now have until January 10, 2023 (Japan time) to register for a repayment method. The latest notice says that any creditors that wish to receive payment, must finish the “selection and registration” section on the
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Terra co-founder Do Kwon, wanted by South Korean authorities, seems to live in a digital-era James Bond movie. The businessman, whose whereabouts are currently unknown, reacted via Twitter to Interpol issuing a Red Notice on him. Kwon told his followers that he calmly writes code in his living room, “making
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