Ledger, a French firm building hardware and software for securing crypto assets, is laying off 12% of its staff. “Macroeconomic headwinds are limiting our ability to generate revenue, and in response to the current market conditions and business realities, we must reduce roles across the...
A Securities and Exchange Commission (SEC) filing in its case against Coinbase Global has reportedly raised questions about a previous ruling in a case against Ripple. The issue arose as the SEC asked a federal judge Tuesday (Oct. 3) to deny Coinbase Global’s motion to dismiss the regulator’s lawsuit against...
Sam Bankman-Fried, is facing a series of setbacks as he prepares for his upcoming fraud trial. The FTX founder’s request to be released from jail ahead of the trial has been denied by a federal appeals court, and he has also lost a separate ruling...
Cryptocurrency-trading business Genesis has stopped all its trading operations. The company is closing its international spot and derivates trading operation, after shutting down its U.S. desk last week, CoinDesk reported Thursday (Sept. 14). Reached for comment by PYMNTS, a company spokesperson provided an emailed statement: “Genesis has...
October 06, 2023
Voyager Digital co-founder Stephen Ehrlich is reportedly facing potential enforcement action from U.S. regulators following investigations into the conduct of the bankrupt crypto lender. Staff in the Commodity Futures Trading Commission (CFTC) enforcement division have concluded that Ehrlich broke derivatives regulations by misleading customers about the safety of their assets, Bloomberg reported Friday (Oct. 6), citing unnamed sources. The division […]
October 05, 2023
Ledger, a French firm building hardware and software for securing crypto assets, is laying off 12% of its staff. “Macroeconomic headwinds are limiting our ability to generate revenue, and in...
October 03, 2023
A Securities and Exchange Commission (SEC) filing in its case against Coinbase Global has reportedly raised questions about a previous ruling in a case against Ripple. The issue arose as the SEC asked a federal...
September 21, 2023
Sam Bankman-Fried, is facing a series of setbacks as he prepares for his upcoming fraud trial. The FTX founder’s request to be released from jail ahead of the trial has...
