In November, a U.S. judge determined that the crypto startup had infringed upon securities laws by offering its native LBC token for sale without obtaining registration from the SEC.
The company that operates bitcoin kiosks, along with its subsidiary Up Global, and the CEO of both entities have been accused of engaging in 'unregistered offers and sales of securities.'
According to BitInfoCharts, the Bitcoin 'whale' in question was the 14th largest Bitcoin holder, with a total of $1.2 billion worth of BTC under their control until mid-March.
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Florida's governor and the Republican Party's newest frontrunner engaged in a Twitter conversation with Elon Musk, discussing the realms of cryptocurrency and central bank digital currencies.
The miner stands to earn up to $75 million in management fees for the Celsius mining rigs over a span of five years, making it a highly lucrative venture.
Coinbase has partnered with Bitpanda Technology Solutions, an infrastructure layer provider specializing in business-to-business solutions, to establish direct connections with banks and fintech companies.
Unciphered, a renowned cybersecurity firm specializing in the retrieval of misplaced cryptocurrencies, claims to have discovered a method to physically breach the security of the Trezor T hardware wallet. Trezor has acknowledged the existence of a comparable attack vector several years ago.
Macro analyst Tom Dunleavy suggests that the stablecoin market's contraction is indicative of the ongoing bearish phase in the crypto market.