The recent turmoil surrounding the bankrupt crypto exchange FTX and its proposed sale of FTX EU to Backpack has raised numerous questions about corporate governance, legal implications, and the rights of affected customers. FTX, once a prominent player in the cryptocurrency market, filed for bankruptcy in late 2022, leaving many of its users and creditors
As Gary Gensler prepares to step down as the Chair of the Securities and Exchange Commission (SEC), his tenure has been marked by significant friction with the cryptocurrency industry. In a recent interview with Bloomberg, Gensler reiterated his position regarding the pervasive issues within the crypto space, characterizing it as a domain “rife” with malefactors.
The life of a journalist is often characterized by an unyielding commitment to their craft—a notion exemplified by Christian. For him, the boundaries between work and personal life blur in the most compelling way. By day, he immerses himself in the dynamic realm of cryptocurrency. He decodes complex financial jargon, transforming intricate concepts into accessible
On January 9, 2023, reports emerged indicating that the U.S. government received authorization to liquidate a substantial amount of Bitcoin (BTC) connected to the Silk Road criminal marketplace. A federal judge had ruled that the Department of Justice (DoJ) could sell approximately 69,370 BTC, valued at around $6.5 billion. Such a large-scale liquidation from government-held
Recent developments in the legal case against Do Kwon, the co-founder of Terraform Labs, have revealed a staggering estimate: over a million individuals and entities may have been significantly impacted by the collapse of the TerraUSD and Luna cryptocurrencies. This revelation, surfaced in a court filing by acting U.S. Attorney Daniel Gitner submitted to the
As the year 2025 kicks off, Shiba Inu (SHIB) appears to be on an upward trajectory, spurred by innovative initiatives and strategic shifts in its ecosystem. One landmark development is the imminent launch of TREAT, a rewarding token designed to incentivize user participation in Shiba Inu’s various protocols, notably its layer-2 scaling solution named Shibarium.
Bitcoin’s fleeting flirtation with the $100,000 milestone has captivated cryptocurrency enthusiasts and investors alike, but this adventure proved to be more tumultuous than triumphant. After breaking the $100,000 barrier—an achievement that sent the crypto community buzzing—Bitcoin’s price nosedived only twenty-four hours later. This swift decline not only impacted Bitcoin but reverberated throughout the entire cryptocurrency
As 2025 unfolds, Bitcoin’s resurgence to trading above $100,000 reveals a bullish sentiment resonating across the cryptocurrency landscape. Having experienced nearly an 8% increase within the past week, Bitcoin teeters just below its recent all-time high, which exceeds $108,000. However, this current price fluctuation is just one facet of a more complicated relationship developing between
Gemini Trust Co., a prominent player in the cryptocurrency market, is embroiled in a legal settlement that may have rippling effects on the structure and regulation of digital assets in the United States. The company has reached an agreement to pay $5 million to settle a lawsuit brought forth by the Commodity Futures Trading Commission
In an age where the lines between work and life often blur, the narrative of Christian serves as an exemplar of relentless commitment and passion. While many may view journalism as a mere profession, for Christian, it transcends the ordinary, morphing into a profound lifestyle. His daily journey oscillates between the abstract world of cryptocurrency