Founder of crypto lender Celsius Network arrested, charged with fraud
By Niket Nishant, Hannah Lang and Elizabeth Howcroft (Reuters) – Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a…
Deadline set by crypto’s Winklevoss looms for Genesis repayment deal
By Hannah Lang (Reuters) – Time is running out for Digital Currency Group to agree on a deal to restructure its bankrupt crypto lending unit Genesis after its largest creditor…
Cboe refiles Fidelity bitcoin ETF application, plans Coinbase policing partnership
By John McCrank and Carolina Mandl (Reuters) – Exchange operator Cboe on Friday refiled an application with the U.S. securities regulator to launch a bitcoin exchange-traded fund by asset manager…
UK to curb crypto advertising with ‘cooling off’ periods, risk warnings
By Kirstin Ridley LONDON (Reuters) – British consumers buying cryptoassets will get a 24-hour “cooling-off” period for the first time from October under tougher marketing rules unveiled by the financial…
Media start-up Semafor raises $19 million to buy out Sam Bankman-Fried’s investment
By Niket Nishant in Bengaluru (Reuters) – Semafor said on Wednesday it has raised $19 million from investors including Yahoo co-founder Jerry Yang and KKR & Co co-founder Henry Kravis…
Bankrupt crypto lender Voyager Digital predicts 35% customer payout
By Dietrich Knauth NEW YORK (Reuters) – Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds down its operations…
U.S. SEC threatens to sue Coinbase over some crypto products
By Niket Nishant (Reuters) – The U.S. Securities and Exchange Commission (SEC) has threatened to sue Coinbase Global Inc over some of the crypto exchange’s products, turning up the heat…
Sam Bankman-Fried, U.S. prosecutors near new bail agreement
By Jonathan Stempel NEW YORK (Reuters) – Lawyers for Sam Bankman-Fried are nearing an agreement with U.S. prosecutors on revised bail conditions for the indicted FTX cryptocurrency exchange founder, who…
Silvergate’s deepening crisis jolts crypto stocks
By Manya Saini (Reuters) – Shares of Silvergate Capital Corp fell as much as 11% on Monday after the bank suspended its crypto payments network and expressed doubts over the…
Visa, Mastercard pause crypto push in wake of industry meltdown
By Manya Saini (Reuters) – U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses…