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The United States Securities and Exchange Commission (SEC) has agreed to postpone the payment of a $30 million fine from bankrupt crypto lender BlockFi until creditors are paid back. The amount represents the balance of a $50 million settlement with the regulator from February 2022. According to June 22 court filings,
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Lawyers representing a crypto user allegedly behind a $116-million exploit of decentralized exchange Mango Markets have consented to detention in the criminal case involving commodities fraud, commodities market manipulation and wire fraud.According to accounts of social media users present on Feb. 2, Mango Markets user Avraham Eisenberg’s legal team waived
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Eisenberg was arrested in Puerto Rico in the early evening of Dec. 26, and was held there until Wednesday, when he was transferred to New York. Eisenberg's lawyer, Brian Klein, told U.S. Magistrate Judge Jennifer Willis that his client was tired from his travels, which included a stopover in Oklahoma. Original
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“Users usually have to pay fees in the process of converting their local currency into USDC, and this is a barrier to broader international adoption,” the post read. “The way to correct this, and accelerate adoption of USDC internationally, is by establishing global parity for all users.” Original Source
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Crypto wallet banking and donation app BABB has announced the debut of its top-up function, a fee-waiving cash-out policy for COVID-19 fundraisers on its platform.According to the announcement, the company has also added a fiat gateway that every Android and iOS user will have access to. BABB clarifies that
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