Geist Finance Permanently Shuts Down Following Multichain Exploit
Crypto lending protocol Geist Finance is shutting down permanently due to losses from the Multichain exploit.
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Crypto Bridging Protocol Multichain Shuts Down Amid Insufficient Funds
Multichain has declared that it has been "forced to cease operations" due to a lack of operational funding.
Congressman Torres Urges Probe into SEC’s Deal with Prometheum
There may be an investigation into the US SEC's "haphazard and heavy-handed approach to digital assets."
US FTC Imposed Trading Ban and $4.7 Billion Fine on Bankrupt Celsius
The US FTC has fined the bankrupt Celsius Network $4.7 billion.
US SEC Charges Celsius and Former CEO with Fraud; Former CEO Alex Arrested
The United States Securities and Exchange Commission is suing Celsius Network. Alex, Former CEO of Celsius, was arrested for fraud.
South Korea’s FSC Mandates Crypto Holding Disclosures for Companies
The South Korean government continues to create stricter regulations for the crypto business.
Security Engineer Charged by US Department of Justice in $9M Crypto Theft Case
A senior security engineer is accused of stealing $9 million in cryptocurrencies from a decentralized exchange.
Celsius Initiates $150M Recovery in Lawsuit Against StakeHound
Due to the alleged inability to release tokens worth $150 million, Celsius filed a lawsuit against StakeHound.
Celsius Files Disclosure Statement for Chapter 11 Reorganization Plan
The debtor has submitted a disclosure document for a joint Chapter 11 reorganization plan.
Terra Co-Founder Faces Trial in Seoul Court Case on Fraud Charges
Daniel Shin, a co-founder of Terra, has been indicted on several counts and is currently undergoing preliminary trials in South Korea.