The post Breaking: Celsius Founder Alex Mashinsky Hit With a 12-Year Prison Sentence for Crypto Fraud appeared first on Coinpedia Fintech News Mashinsky was charged with misleading investors and customers about Celsius operations. Restructuring of Celsius protocol under a…
SEC files to settle lawsuit with Ripple, execs over civil penalty dispute
The US Securities and Exchange Commission (SEC) filed a proposed settlement agreement with Ripple, CEO Brad Garlinghouse, and Executive Chairman Chris Larsen to resolve the Commission’s longstanding civil enforcement action against the company and its executives. In a filing…
Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence
Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was sentenced to 12 years in prison on Thursday after pleading guilty to two counts of fraud. Celsius Mashinsky Faces Justice The proceedings took place before US District Judge…
PESW Launches Bold P2E Metaverse, Blending Squid Game-Inspired Gameplay with Real Crypto Rewards
As innovation continues to surge across the blockchain industry, PESW (Pepe from Squid World) is making headlines with a groundbreaking entry into the GameFi space.
OCC greenlights banks to trade crypto on behalf of clients
OCC’s clarification could further integrate the crypto sector with the traditional banking system.
Banks Embrace Cryptocurrency as U.S. Introduces New Guidelines
OCC issued guidelines for banks to offer cryptocurrency services. Banks can securely handle crypto storage and transactions, complying with regulations. Continue Reading:Banks Embrace Cryptocurrency as U.S. Introduces New Guidelines The post Banks Embrace Cryptocurrency as U.S. Introduces New Guidelines…
Michael Saylor Predicts Bitcoin Market Cap $200 Trillion, Calls It Immortal Asset, Urges Sovereign Funds to Buy
Michael Saylor, co-founder of MicroStrategy, has articulated a bullish outlook on Bitcoin, predicting that the cryptocurrency’s market capitalization could reach $200 trillion within the next two decades
Tom Brady, Larry David Among Celebs Cleared in FTX Lawsuit—Mostly
A judge this week dismissed most of the claims made in a lawsuit against celebrities like Tom Brady and Larry David for promoting FTX.
EU to Track Crypto Transfers Under New AML Rules: Eurogroup President
The EU plans to “record data on the senders and recipients of funds” to and from crypto-asset service providers, Paschal Donohoe said.
Jump Crypto Takes Strategic Stake in Securitize to Bolster Blockchain Finance
Securitize, a leading digital securities platform, announced a strategic equity investment from Jump Crypto on May 8 to enhance institutional access to tokenized real-world assets (RWAs) and improve collateral management solutions. Strategic Tie-Up Aims to Bridge Traditional Finance With…