By Elizabeth Howcroft LONDON (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions skyrocketed, data from blockchain analytics …
Crypto
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By Dietrich Knauth (Reuters) – Executives of bankrupt crypto lender BlockFi Inc have repaid an investor $15 million to settle a threatened lawsuit over the company’s cratering equity value in …
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Crypto Firm With Ties To Sam Bankman-Fried’s Failed Hedge Fund Weighing Bankruptcy: REPORT John Hugh DeMastri on January 5, 2023 Prominent crypto firm Genesis Global Trading — which had major …
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By Hannah Lang (Reuters) – The crypto industry’s woes continued on Thursday as plunging deposits, layoffs and a lawsuit added to the tumult of 2022, which was dominated by sinking …
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By John McCrank and Hannah Lang (Reuters) – Alex Mashinsky, a co-founder of bankrupt crypto lender Celsius Network who prosecutors allege bilked investors out of billions, is a serial entrepreneur …
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(Reuters) – Federal prosecutors are looking into a series of crypto transactions that online analysts have tied to digital wallets associated with Sam Bankman-Fried, Bloomberg News reported on Friday, citing …
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NEW YORK (Reuters) – The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried, fell 10.36% on Wednesday, and is down 94.2% so far …
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Regulators Crack Down On Crypto Company Audits After FTX Scandal John Hugh DeMastri on December 22, 2022 The U.S. Securities and Exchange Commission is increasing scrutiny on firms conducting audits …
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(Reuters) – The U.S. Securities and Exchange Commission (SEC) is heightening the scrutiny of the work audit firms do for cryptocurrency companies, a senior official of the regulator told the …
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Fox Business Contributor Claims Liz Warren’s Crypto Bill Is A ‘Bullet To Financial Privacy’ Harold Hutchison on December 16, 2022 A Fox Business contributor blasted Democratic Sen. Elizabeth Warren of …
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By Georgina Lee HONG KONG (Reuters) – Two exchange traded funds (ETF) that track U.S.-listed cryptocurrency futures have raised a combined $73.6 million ahead of their debut on the Hong …
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Dem Rep Says Politicians ‘Should Return’ Donations From Disgraced Former Crypto CEO Harold Hutchison on December 14, 2022 Democratic Rep. Henry Cuellar of Texas said Wednesday that politicians should give …
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FRANKFURT (Reuters) – Germany’s top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial stability. Mark Branson, the president …
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Billionaire Dem Donor And Former Crypto CEO Sam Bankman-Fried Arrested In Bahamas John Hugh DeMastri on December 12, 2022 Editor’s note: This article has been updated to include reporting from …
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Crypto Chief Hired IRS Agents From Department Investigating Him For Potential Money Laundering: REPORT John Hugh DeMastri on December 12, 2022 Cryptocurrency firm Binance, the largest crypto exchange in the …
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(Reuters) – Most big banks and investment managers expect the cryptocurrency market to pick up in 2023 after a brutal year that saw bitcoin sink around 75% from its all-time …
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(Reuters) – Cryptocurrency exchange FTX secretly funded media company the Block for over a year with money sent to the Block’s chief executive, Axios reported on Friday, citing sources. The …
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(Reuters) – U.S. Senators Elizabeth Warren and Tina Smith are demanding an accounting from the Federal Reserve and other U.S. financial regulators of banks’ cryptocurrency activity and ties to the …
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By Medha Singh (Reuters) – Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital …
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By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge on Wednesday ruled that some customers of crypto lender Celsius Network should receive their deposits back, giving relief to a relatively …
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By Jody Godoy (Reuters) – A federal judge in California on Wednesday dismissed a lawsuit against reality TV star Kim Kardashian, boxing legend Floyd Mayweather Jr. and others over their …
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LONDON (Reuters) – U.S. crypto firm Genesis is working to preserve client assets and strengthen liquidity, it said in a letter to clients on Wednesday, adding that it would take …
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By Tom Hals and Dietrich Knauth WILMINGTON, Del. (Reuters) – A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens …
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Here’s Why Disgraced Crypto Mogul Sam Bankman-Fried Hasn’t Been Arrested Trevor Schakohl on December 6, 2022 Authorities are likely to conduct a lengthy investigation into former FTX CEO Sam Bankman-Fried …
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WASHINGTON (Reuters) – A U.S. agency that probes allegations of deceptive conduct confirmed on Monday that it had investigations open into several cryptocurrency firms for “possible misconduct.” The Federal Trade …