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FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse

FTX and Alameda bankruptcy advisers made allegations of fraud against crypto exchange Bybit, its two corporate affiliates, and four senior executives, in a lawsuit filed on Nov. 10. The lawsuit alleged that the defendants used a “fraudulent scheme” to withdraw cash and assets from the FTX platform, right before it collapsed. дальше »

2023-11-12 01:17


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Genesis seeks court approval to slash 3AC claim from $1B to $33M

Bankrupt crypto lender Genesis has sought court approval for its proposed settlement agreement with collapsed crypto hedge fund Three Arrows Capital (3AC), according to a Nov. 9 court filing. Under the agreement, 3AC will have an allowed general unsecured claim of $33 million against the bankrupt lender instead of the previous over $1 billion claim […] The post Genesis seeks court approval to slash 3AC claim from $1B to $33M appeared first on CryptoSlate. дальше »

2023-11-10 15:10


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German parliamentarian dismisses CBDCs in favor of Bitcoin as global digital money debate rages on

German Parliamentarian Joana Cotar spoke out against introducing a Euro-based central bank digital currency (CBDC), claiming that “no one needs it. ” Cotar stated in a speech on Nov. 9 that the ECB and politicians backing a digital euro are doing so because they want total surveillance of the monetary system. дальше »

2023-11-10 22:30


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Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs

Michael Barr, vice chair for supervision at the U. S. Federal Reserve, commented on matters related to stablecoins and CBDCs on Nov. 7. According to reports from Bloomberg, Barr said: “There is interest in strong, federal regulation of stablecoins that makes sure the Federal Reserve can approve, regulate and enforce against stablecoin issuers, including wallets. дальше »

2023-11-8 01:20


Ethereum Insider Says Fraud Revelations Will Come In ‘Weeks Not Months’

Steven Nerayoff, an attorney and former advisor to Ethereum (ETH), has made a series of alarming allegations against the platform’s founders, Vitalik Buterin and Joseph Lubin. As per a report from Bitcoinist, Nerayoff asserts that the extent of fraud in the Ethereum ecosystem surpasses the scale of the infamous FTX scandal involving Sam Bankman-Fried. Nerayoff, […] дальше »

2023-11-7 14:00