Business
Former Tmon CEO faces arrest for taking bribes to promote Terra Classic
According to South Korean authorities, advertising raised the price of Terra Classic token LUNC.
Silvergate Bank as defendants in a proposed class-action lawsuit from an FTX user
FTX users have suggested a class-action lawsuit against Silvergate Capital Corp., Silvergate Bank, and CEO Alan Lane.
FTX investors file class-action suit against Sequoia
FTX investor class-action lawsuit venture capital companies have a "tricky case," according to a crypto lawyer.
Celsius Creditors to Sue Executives for Fraud
The Celsius Official Committee of Unsecured Creditors alleges "substantial claims and causes of action" against Alex Mashinsky and other executives for fiduciary breaches and fraudulent transactions.
LidoDAO is considering selling or staking its $30 million
LidoDAO, the decentralized autonomous organization behind Lido, is considering staking or selling its $30 million ETH treasury to meet unexpected market swings.
Polaris Ventures, a charity created by former FTX and Alameda
Ruairi Donnelly, a former FTX employee, earned $562,000 in FTT tokens at a discount.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
Taurus raised $65 million
Credit Suisse, Deutsche Bank, Arab Bank Switzerland, and others invested $65 million in digital asset infrastructure provider Taurus.
Ark Invest continues to buy Coinbase shares
Ark Invest has invested roughly $30 million on Coinbase stock in 2023 while selling Grayscale Bitcoin Trust.
The United Kingdom Tax Reform Council Launches Campaign Against Bank of England
UK Tax Reform Council and Bitcoin community worry over Bank of England's CBDC intentions.