CFTC Imposes $54M Default Judgment in Crypto Fraud Scheme
The CFTC declared that Alliance, Ohio, resident was the subject of a permanent injunction given by default judgment.
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CoinCodeCap WeekInFocus: October 1, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Paradigm Alleges SEC of Rule Bypass in Binance Lawsuit
The US SEC has come under fire from Paradigm for avoiding the traditional rulemaking processes in its current legal case against Binance.
Celsius Objects to Galaxy Digital’s $190k Fee Demand
Celsius has objected to a petition by cryptocurrency firm Galaxy Digital asking for nearly $190,000 in fees for holding just $2.67 worth of digital assets belonging to Celsius.
World Federation of Exchanges Advocates Crypto Trading Regulation and TradFi Integration
The World Federation of Exchanges believes that crypto-asset trading platforms can contribute more to society and the "real" economy.
Coinbase Granted Regulatory Approval for International Retail Perpetual Futures Offering
Additional regulatory permission has been granted to Coinbase International Exchange, a class F license holder from the Bermuda Monetary Authority.
Binance Advises Euro Users to Switch to USDT Following Paysafe Debanking
After losing the support of its banking partner, Binance asked users to switch their euros to Tether before the end of October.
Binance’s Complete Exit from Russia Finalized with CommEX Sale
Binance has announced its complete withdrawal from Russia by selling its company to CommEX.
Mixin Network Announces $20M Bug Bounty After $200M Security Breach
In a message sent to the hacker responsible for the $200 million exploit, Mixin Network offered a $20 million bug bounty to recover the lost funds.
Taiwan Cracks Down: Bans Unregistered Foreign Crypto Exchanges
By enacting new regulations, Taiwan's Financial Supervisory Commission (FSC) is working to strengthen investor protections for cryptocurrency.
