Nexo Secures Preliminary VARA Approval to Launch Crypto Lending and Brokerage Services in Dubai
On Tuesday, Nexo introduced its Dubai entity, Nexo DWTC, had secured preliminary approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to interact in digital asset...
Singapore High Court Mandates Hodlnaut Liquidation, Sets Stage for 17,000 Customer Reimbursements
In a dramatic end result to a turbulent interval for Hodlnaut, the Singapore High Court has ordered the crypto lender’s liquidation, tasked with the daunting...
Celsius Bankruptcy Saga Nears Closure as Court Approves Restructuring Plan
In a pivotal second for Celsius Network LLC and its associates, the Southern District of New York Bankruptcy Court has issued a affirmation order for...
Judge Urges for SEC Decision on Planned Celsius Restart as Crypto Miner
America’s securities regulator has been urged to determine if it’s going to approve a plan to remodel Celsius Network right into a bitcoin mining agency....
Blockfi CEO Blames FTX and Alameda Collapse for Firm’s Bankruptcy
Blockfi CEO Zac Prince testified Friday that the downfall of FTX contributed to his firm’s chapter. Prince appeared as a authorities witness within the fraud...
CFTC Sues Former CEO of Crypto Lender Voyager for Fraud
The U.S. Commodity Futures Trading Commission (CFTC) charged the previous CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regulator accused Stephen Ehrlich and...
Australia-Based Crypto Lender Sentenced for False Credit License Claims
The Australian securities regulator lately revealed that the crypto lending platform Helio pleaded responsible to the allegation of falsely claiming to be a holder of...
Celsius Founder Alex Mashinsky’s Bail Set at $40 Million, Travel Restricted Amid Fraud Charges
Just earlier than the now-defunct crypto lender Celsius was charged by three U.S. federal regulators — the Commodity Futures Trading Commission (CFTC), Securities and Exchange...
FTC Slaps Crypto Lender Celsius With $4.7B Fine for Deceiving Consumers and Mismanaging Deposits
On Thursday, following the U.S. Securities and Exchange Commission (SEC) suing the bancrupt crypto lender Celsius, the Federal Trade Commission (FTC) divulged a settlement with...
Token Sale Ahead: Celsius to Convert Customer ‘Altcoins’ to BTC and ETH
Amid the regulatory crackdown within the United States, the bankrupt crypto lender Celsius has introduced that each one of its clients’ “altcoins” can be transformed...