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  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

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hong-kong-police-advisory-group-warns-of-surge-in-digital-asset-linked-crime

Hong Kong Police Advisory Group Warns of Surge in Digital Asset-Linked Crime

Leave a Comment / Bitcoin, Crime, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, Ethereum, Fraud, Hong Kong, legal, Police / / / , , , , , , ,

The Hong Kong Technology Crime Police Advisory Group has warned about the rise of digital asset-linked crime, calling for the establishment of a regulatory system to identify and eliminate risks associated with this tech. According to police data, almost $550 million was involved in digital asset crimes during 2023, with 90% of these cases involving […]

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dapper-labs-secures-favorable-settlement-in-class-action-lawsuit-involving-nba-top-shot-nfts

Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs

Leave a Comment / Bitcoin, Crypto Hacked, Cryptocurrency, Dapper Labs, Ethereum, legal, Legal NFTs, NBA Top Shot Moments, NFT law, NFTs / / / , , , , ,

Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital collectibles and ensures the continued decentralization of the Flow blockchain. Dapper

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former-ftx-ceo-seeks-$10m-insurance-fund-for-legal-defense,-request-opposed-by-ftx-debtors-and-unsecured-creditors

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Leave a Comment / ACCESS, acts, alameda, Allegations, Bankruptcy, Bitcoin, carrier, ceo, claims, compensation, counsel, Court, coverage, creditors, Crypto Hacked, Cryptocurrency, D&O, debtors, Defense, Employees, estate, Ethereum, exclusions, expenses, father, filing, flat wrong, Forbes, Former, fraudulent, ftx, FTX co-founder, fund, GIFT, Insurance, Laundering, Lawyers, legal, material, money, News, objections, omissions, policy, prejudice, rules, Sam Bankman-Fried, sbf, Securities, unsecured, white-collar / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured

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law-firm’s-white-paper-claims-us-bank-regulators-are-waging-a-‘clandestine-financial-war’-against-crypto-businesses

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

Leave a Comment / Access to crypto, accounts, anti-commandeering doctrine, bank examiners, Banking, Barney Frank, Biden Administration, Bitcoin, Compliance, constitutional protections, Cooper & Kirk, Crypto Hacked, crypto industry, Crypto Proponents, Cryptocurrency, Customers, Due Process, Enforcement, entities, Ethereum, FDIC, federal regulators, Finance, financial system, financial war, Government, industry, institutions, Law, law-abiding, lawful, legal, News, non-delegation doctrine, OCC, off-ramps, on-ramps, operation chokepoint, purging, Regulation, Reputation, risk, Signature Bank, state officials, supervision, US banks, White Paper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with

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terraform-labs-ceo-do-kwon-faces-extradition-to-south-korea

Terraform Labs CEO Do Kwon Faces Extradition to South Korea

Leave a Comment / accomplice, accused, Arrest, belgium, Bitcoin, ceo, Charges, Costa Rica, Criminal, Crypto Hacked, Cryptocurrency, detain, do kwon, Do Kwon Terraform Labs, document, Dubai, Ethereum, Exchange Commission, extradition, falsified, forgery, Identification, inspection, interior, Issues, Lawsuits, legal, luggage, ministry, Montenegro, News, offense, Office, ongoing, phony, Police, process, Prosecutor's, repatriate, Securities, South Korea, Southern District, spokeswoman, steps, Terraform, Terraform Labs CEO, travel, United States / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the Falsified Travel Documents Found

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crypto-regulation-is-like-a-flimsy-umbrella-in-a-monsoon

Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

Leave a Comment / Bitcoin, business model, Centralized Exchanges, Compliance, control, Crypto, Crypto Hacked, crypto world, crypto-custody, Cryptocurrency, custodial wallets, Customers, Decentralized, Ethereum, ethical business, funds protection, Government, Hacking, investment, Investors, Joseph Collement, legal, non-custodial wallets, Op-Ed, Opinion article, Opinion Editorial, product development, Regulation, Regulations, regulatory climate, Reputation, Responsibility, revenue, safety, Security, Self-custody, stockbroker, trust, user-controlled, Wild West / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone

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defunct-crypto-hedge-fund-three-arrows-capital-founders-seek-$25-million-to-start-new-exchange-amid-scrutiny

Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny

Leave a Comment / Bankruptcy, Bitcoin, CFTC, Chapter 15 Bankruptcy, Coinflex, communicating, Crypto, Crypto Hacked, Cryptocurrency, difficulty, Ethereum, Exchange, Executive, financial, GTX, hedge fund, investigate, investment, Kyle Davies, legal, legal violations, liquidators, mock, News, pitch deck, recent, restructuring, SEC, Seychelles, Social Media, Speculation, Su Zhu, Subpoenas, Three Arrows Capital, Twitter, violation, vocal, website / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. Pitch Deck

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