FTX’s caretaker leadership have filed a lawsuit in bankruptcy court against Sam Bankman-Fried alleging illegal loan from FTX to Bankman-Fried’s father to fund Sam Bankman-Fried’s criminal defense.
BitMEX is expanding its relationship with Italian soccer giant AC Milan, moving from being its sleeve sponsor to a premium partner as well as its official cryptocurrency trading partner.
Amidst declining profits, Binance has announced a cut of certain corporate benefits, such as reimbursements for mobile, fitness, and remote work.
Major cryptocurrency exchanges have announced they will resume XRP token trading for US users.
Users have accused Binance of failing to act in response to the PopcornSwap project’s exit scam that has caused damage amounting to nearly $15 million at current prices.
Binance Labs, the venture arm of the crypto exchange giant, which is valued at $9 billion, announced that it is investing a sum of $15 million into Xterio, a web3 gaming startup based in Switzerland.
The US authorities have arrested former security engineer Shakeeb Ahmed on charges of wire fraud and money laundering.
