South Korea Calls On Interpol For Help South Korea is intensifying efforts to extradite Do Kwon, CEO of Terraform Labs, back to face legal charges in their country. This comes after a successful appeal against extradition to the US in Montenegro, shifting the focus to South Korea’s claim on him. The National Police Agency of … Read more
Coinbase CEO Brian Armstrong has denied reports of his cryptocurrency exchange being blocked in Nigeria, stating that their products are fully operational without interruptions. Armstrong confirmed that they have not received any outreach from Nigerian officials. On the other hand, Binance has admitted to facing some issues with users in Nigeria. This article originally appeared … Read more
CFTC weighs enforcement action against former Voyager Digital CEO: Report The United States Commodity Futures Trading Commission (CFTC) is reportedly considering taking enforcement action against Stephen Ehrlich, the former CEO of Voyager Digital, a crypto lending firm. The CFTC staff believes that Ehrlich violated U.S. derivatives regulations prior to Voyager’s bankruptcy filing. Ehrlich denies these … Read more
Binance CEO Responds To Rumors That He Received A $250 Million Loan From The Exchange Binance CEO Changpeng “CZ” Zhao has denied claims that he received a $250 million loan from BAM Management. The claims were made in a report following a court filing related to a lawsuit between Binance and the US Securities and … Read more
Binance.US released a statement stating that their current actions will give the company a financial runway of more than seven years, allowing them to continue operating as a cryptocurrency-only exchange. The company expressed frustration with the SEC’s efforts to hinder the crypto industry and highlighted the negative impact on American jobs and innovation. Binance.US sees … Read more
Crypto CEO Bags Record Breaking Prison Sentence For $2 Billion Theft Former Thodex CEO Faruk Fatih Özer has been sentenced to a prison term of 11,196 years, 10 months, and 15 days for stealing $2 billion in customer funds. Özer defrauded over 400,000 Turkish customers when the exchange went offline in April 2021 and fled … Read more
