Business

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
Business

Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier

Hut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements
Business

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

Argo Blockchain's 2021 IPO investors launched a class-action lawsuit.

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
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SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.

How much money will Sullivan & Cromwell make from the FTX cryptocurrency
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How much money will Sullivan & Cromwell make from the FTX cryptocurrency

A story claims FTX's notorious legal team would profit hundreds of millions from the exchange's bankruptcy lawsuit.

Custodia Bank's Application to Join Federal Reserve Rejected
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Custodia Bank's Application to Join Federal Reserve Rejected

Custodia, a digital asset bank, was denied membership in the Federal Reserve System.

Monica Long Named New President of Ripple
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Monica Long Named New President of Ripple

Ripple, a blockchain-based worldwide payments processor, elected Monica Long its new president amid unprecedented growth.

Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal
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Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal

Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations.

Creditors owed money by FTX
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Creditors owed money by FTX

FTX lawyers submitted its creditor matrix to the U.S. Bankruptcy Court on Jan. 25. The 115-page document lists creditors alphabetically. Airlines, hotels, charities, banks, venture capitalists, and media are creditors.

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement
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Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens".

Mango Labs Sues Avraham Eisenberg for $47 Million
Business

Mango Labs Sues Avraham Eisenberg for $47 Million

Mango Labs, the firm behind Mango Markets, has sued exploiter Avraham Eisenberg. The Jan. 25 complaint says Einseberg misused its platform for millions of dollars in cryptocurrency in 2022.