Sino Global made substantial investments in tokens that were significantly impacted by the downturn of Sam Bankman-Fried's FTX crypto empire and also collaborated with FTX to raise a fund using external investors' capital.
Binance has sought the dismissal of a CFTC lawsuit that accuses the company of providing unlawful commodities trading products to residents of the U.S..
The SEC countered a previous filing by Coinbase, asserting that the regulator possessed inadequate jurisdiction to initiate a lawsuit.
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Can you become rich with cryptocurrency? Many Bitcoin millionaires would say yes; cryptos can make you rich. But there is no guarantee as an investment in cryptocurrencies is speculative. What crypto can make me rich? Nobody can answer this question, not even crypto industry experts.
It is not yet considered as a legal currency because not all countries, world bodies have 3.accepted or recognize it. Bitcoin is not a legit currency; it is not centralized and regulated and also not created and implemented by the government, so it cannot be legalized. People across Indian Territory do not accept bitcoin as legal recognition.
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