Silvergate Bank Prepares To Self-Liquidate Following Fed Approval
Silvergate Bank will disclose its self-liquidation strategy in response to an order from the Federal Reserve, citing deficiencies and its connections to the now-defunct cryptocurrency exchange FTX.
Bybit becomes latest crypto exchange to exit Canada
Starting from May 31, Bybit announced that it will no longer accept new account registrations from Canadian nationals and residents.
Gemini and Genesis seek to dismiss SEC lawsuit over defunct Earn product
Gemini's legal counsel maintains that the product in question does not fall under the category of a security.
Ripple CEO Warns “Confusing Laws” Will Push Crypto Firms To Leave US
During a recent CNBC interview, Brad Garlinghouse, the CEO of Ripple, cautioned that additional cryptocurrency companies may exit the United States.
Binance halting operations in Canada
Earlier this year, Canadian regulators commenced the implementation of new regulations.
Ripple Exec Bids For EU’s MiCA Amid US SEC Crackdown; Ripple Moving Out?
The International Policy Counsel at Ripple emphasized that concerns about innovation shifting to other countries are not exaggerated.
Bittrex to receive 250 BTC loan valued at $7M to start bankruptcy case
The loan's total worth could potentially increase to $19 million if a subsequent request is made.
Crypto exchange Bittrex files for bankruptcy after SEC complaint
Bittrex Inc, a cryptocurrency exchange, filed for bankruptcy protection on Monday, following allegations by the U.S. Securities and Exchange Commission (SEC) that it was running an unregistered securities exchange. This occurred three weeks after the SEC's accusation against Bittrex.
Crypto Giant Bittrex Files for Bankruptcy: A Fall from Grace
Seattle-based crypto exchange Bittrex filed for bankruptcy after being accused by the SEC of operating an unregistered securities exchange. Bittrex Global remains unaffected. The company plans to return U.S. customer funds and denies the SEC's allegations.
Ripple’s Legal Brawl With SEC Could Cost About $200M
According to Ripple's CEO, Brad Garlinghouse, the firm would have spent approximately $200 million in legal fees to fight against the SEC.
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