SEC Clamps Down On ‘Self-Styled Entrepreneur’ For Using $364K Crypto Investor Funds For Personal Expenses
Entrepreneur Diana Mae Fernandez is facing charges from the Securities and Exchange Commission (SEC) for allegedly defrauding investors through promises of substantial returns from crypto investments while misappropriating the funds for personal use. What Happened: The SEC alleged that Fernandez…
U.S. District Court upholds SEC in lawsuit against Terraform Labs
“UST is an unregistered security†Judge Jed Rakoff of the U.S. District Court for the Southern District of New York announced on the 28th that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs, alleging…
Bitfinex Analysts Project a $3.2 Trillion Crypto Market Cap – Insights for 2024
The post Bitfinex Analysts Project a $3.2 Trillion Crypto Market Cap – Insights for 2024 appeared first on Coinpedia Fintech News While Bitcoin and the broader crypto market face regulatory challenges and reputation hurdles in 2023, Bitfinex, a prominent cryptocurrency…
This Could be Why Bitcoin (BTC) Price is Chopping around $42,500Â
The post This Could be Why Bitcoin (BTC) Price is Chopping around $42,500Â appeared first on Coinpedia Fintech News The Bitcoin price has maintained a steep ascending trend since the start of the last quarter. Despite the volume remaining at…
Bitcoin Miners’ Two-Month Selling Streak Poses No Alarm Before ETF Decision! Here’s What To Expect
The post Bitcoin Miners’ Two-Month Selling Streak Poses No Alarm Before ETF Decision! Here’s What To Expect appeared first on Coinpedia Fintech News As Bitcoin struggles to break the $44,000 threshold, miners are showing signs of impatience, leading to a…
FTT price prediction amid FTX’s repayment proposal as new hybrid exchange emerges
FTX Exchange bankruptcy and customer claims turmoil. FTT’s price rollercoaster: bullish momentum, bearish setbacks, technical signals. Pullix emerges as a DeFi alternative: PLX token’s Trade-to-Earn model. A recent court filing has revealed that FTX is seeking approval to repay customer…
Judge rules Terraform Labs violated rules: LUNA and MIR deemed securities
Federal Judge Rakoff rules $LUNA and $MIR as securities, finding Terraform Labs violated U.S. laws. SEC trial, scheduled Jan 29, 2024, centres on Terra’s UST stablecoin collapse and $25M alleged fraud. Jump Trading’s involvement adds complexity; the SEC insists Judge…
Cryptocurrency Internet Computer Down More Than 7% Within 24 hours
Over the past 24 hours, Internet Computer’s (CRYPTO: ICP) price has fallen 7.57% to $9.27. This continues its negative trend over the past week where it has experienced a 3.0% loss, moving from $9.47 to its current price. The chart…
Major virtual currency exchange OKX plans to delist almost all anonymous currencies
Anonymous currency stock crisis? On the 29th, major cryptocurrency exchange OKX announced plans to abolish almost all anonymous currencies. The target currencies are FSN, ZKS, CAPO, CVP, XMR, DASH, ZEC, and ZEN, and deposits have already been stopped on the…
AI Revolution, Fed’s Pivot Power US Stock Market To A Record Year: This Week In Markets
Published by Benzinga The U.S. stock market bids farewell to a truly unforgettable year, characterized by the artificial intelligence revolution, which defied numerous gloomy forecasts made at the year’s outset. All the major U.S. indices concluded the year either at…