Binance assists BtcTurk attack probe, freezes $5.3M in ‘stolen funds’

Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng. Source link

SEC drops Ether probe but still seeks billions in penalties from Ripple: Hodler’s Digest, June 16-22

The U.S. Securities and Exchange Commission has dropped its case against Ether. However, in another crypto case, the regulator still demands billions in penalties from Ripple. Source link

Reddit Discloses FTC Probe into AI Data Licensing Ahead of IPO

Social media giant Reddit has revealed that it is under investigation by the Federal Trade Commission (FTC) over its data licensing practices for artificial intelligence training. The disclosure comes as the company prepares…

Coinbase warns customers about subpoena in apparent CFTC Bybit probe

Coinbase is warning that it has received a subpoena from the United States Commodity Futures Trading Commission (CFTC), according to X (formerly Twitter) users who have posted copies of the message. The CFTC…

Argentine Officials Probe Worldcoin’s Biometric Verification

Argentina joins a group of nations investigating Worldcoin. The Argentine Agency for Access to Public Information (AAIP) has taken a keen interest in Worldcoin’s unique user verification methods. Following growing global apprehension, this…

Lawmakers probe Apple’s App Store policies on blockchain, NFTs

United States Representatives Gus Bilirakis and Jan Schakowsky penned a formal letter to Apple CEO Tim Cook about concerns related to the California-based company’s App Store, and the potential effect of its guidelines…

Multiple Binance Executives Resign Amid CZ’s Handling Of DOJ Probe: Report

A slew of senior executives at Binance are reportedly fleeing en masse as the company grapples with a massive lawsuit from the Securities and Exchange Commission (SEC) and a Justice Department investigation into…

Former Binance.US Exec Hires Top Lawyer Amid CFTC Probe

Former Binance.US executive Catherine Coley has asked Sullivan & Cromwell lawyer James McDonald to represent her amid the CFTC’s lawsuit against Binance. Coley helped launch Binance’s U.S. affiliate, Binance.US, in 2019 but departed…

US DOJ Begins a Probe Against Terraform Labs (Report)

The United States Department of Justice (DOJ) reportedly launched an investigation against Terraform Labs and its former employees to explore what led to the collapse of the project’s native token – LUNA –…

FTX was the ‘fastest’ corporate failure in American history, calls for probe

The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the “fastest big corporate failure in American history,” and is calling for an independent probe to look into its…

Bored Ape creators and other NFT projects investigated by SEC probe

A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.” Source link

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