The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts.
Silvergate faces class-action lawsuit over FTX and Alameda dealings [cointelegraph]


The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts.

Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail.

As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale.

U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.

Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.

The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process.

Even conservatives and MAGA supporters are not pleased with the former president, as they were hanging on for a more serious announcement.

Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application, calling the FTX founder a flight risk.

ASIC claims a crypto yield-bearing product from Finder’s registered exchange was unlicensed; the firm disagrees but has declined to say if it will fight the suit.

After a flurry of bad news throughout 2022, the miner has been offered a lifeline that could enable it to see out the current crypto winter.