Genesis and Gemini prosecuted for breach of stock market laws

Genesis and Gemini prosecuted for breach of stock market laws

The US Securities and Exchange Commission accuses them of offering cryptocurrency loans, which allowed them to raise billions without registering with the competent authorities. The US Securities and Exchange Commission, SEC, on Thursday (January 12th) filed lawsuits against cryptocurrency companies Genesis and Gemini for offering to provide cryptocurrency loans without registering with the competent authorities. … Read more

Cryptocurrency exchange Coinbase is cutting 20% ​​of its workforce

Cryptocurrency exchange Coinbase is cutting 20% ​​of its workforce

It is about the cryptocurrency bear market in 2022 and the “rut of unscrupulous actors”, according to the platform’s boss. Cryptocurrency exchange Coinbase announced Tuesday that it is laying off 950 employees, or just over 20% of its workforce, citing the decline in virtual currencies and the impact of the relocation of “unscrupulous actors“. The … Read more

secrets of the quartet that orchestrated FTX’s rise and whirlwind bankruptcy

secrets of the quartet that orchestrated FTX's rise and whirlwind bankruptcy

By Emma Confrere Released yesterday at 18.56., Update yesterday at 8:44 p.m. Sam Bankman-Fried’s penthouse in Nassau, Bahamas, as well as the main people connected to the case: “SBF”, Caroline Ellison, Ryan Salame, Gary Wang. REUTERS / JEENAH MOON / REUTERS / JEENAH MOON INVESTIGATION – Condemned by some of his relatives, Sam Bankman-Fried, the … Read more