In the first sentencing of a crypto founder for a marketing fraud, prosecutors said Randall Crater defrauded investors of more than $7.5mn.
February 4, 2023Oliver Fines says fiduciaries have no excuse for their falling prey to hype associated with crypto, as principles of prudence, care and loyalty should continue to apply.
February 3, 2023The register has so far established that various billionaire businessmen, political donors, criminals, and sanctioned individuals own UK property through offshore jurisdictions.
February 3, 2023The framework will require crypto exchanges to define token listing standards, strengthen rules for intermediaries and custodians, and introduce a crypto market abuse regime.
February 2, 2023Celsius, now in bankruptcy, used customer funds to prop up the price of its own token for years, including to allow insiders to cash out.
February 2, 2023The US regulator is inquiring into how investment advisers assess third-party custodians used to hold clients' crypto assets.
February 2, 2023Digital Asset's Manoj Ramia says responsible financial innovation should be informed by reality, focus on solving real problems and stay within regulatory guardrails.
February 2, 2023Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.
February 1, 2023The "Virtual Currency Tracking System" will be launched as part of a new cloud system that will allow other agencies to leverage prosecutors' investigative and forensics expertise.
January 31, 2023The Fed Board considers that Custodia's business model and proposed focus on crypto-assets presented "significant safety and soundness risks".
January 31, 2023