Tag: Wayne
SEC’s Enforcement Chief Exits as Ripple Appeal Looms
Gurbir Grewal’s departure, coinciding with the Ripple appeal, has raised speculation about internal tensions and the agency’s crypto strategy.
Indiana Man Pleads Guilty to Stealing $37M in Cryptocurrency from Nearly 600 Victims
Each felony charge the convicted defendant faces carries a maximum sentence of 20 years in federal prison, along with fines and restitution.
Ripple (XRP) ETF on the Way? Bitwise Steps Up with Delaware Filing
The registration does not yet imply that the proposal has been submitted to the SEC, which could present substantial regulatory hurdles.
Former Chinese Finance Minister Calls for Closer Study of Cryptocurrency
China has maintained a strict stance against crypto since 2013 when it stopped banks from handling Bitcoin transactions.
Fake WalletConnect App Steals $70K From Over 150 Victims on Google Play
The app, downloaded more than 10,000 times, avoided detection by masquerading as a harmless calculator tool.
Terror Victims Seek Full Share of Binance’s $4.3B Settlement in DOJ Lawsuit
The complainants assert that the DOJ’s diversion of funds violates the terms of the U.S. Victims of State Sponsored Terrorism Act.
Swan Bitcoin Sues Former Executives Over Alleged Theft of BTC Mining Business
The lawsuit alleges that the executives misappropriated Swan’s intellectual property to launch a competing company backed by Tether.
Singapore Court Grants WazirX 4-Month Moratorium on Strict Conditions: Report
Nischal Shetty defended the company’s filing for the moratorium, describing it as a step toward a fair and binding resolution for creditors.
Crypto-Friendly NYC Mayor Eric Adams Indicted in Corruption Probe
In response to the indictment, Adams has vowed to stay in office and fight the charges, maintaining his innocence.
Former Alameda Research CEO Caroline Ellison’s Sentencing Revealed
Ellison’s ‘extraordinary cooperation’ earns praise from judge but doesn’t spare her from jail time in the FTX case.