SEC Files Charges Against Organizers of $60M Crypto Ponzi Scheme
The SEC has charged brothers Jonathan and Tanner Adam with trying to defraud more than 80 investors through a $60 million Ponzi scheme involving a crypto asset trading platform.
Colombia’s Regulator Accuses Worldcoin of Violating Data Policies
The Superintendence of Industry and Commerce (SIC) in Colombia has accused Worldcoin and its parent company, Tools for Humanity, of violating the personal data protection laws, according to a statement released on Tuesday.
Terraform Labs Reorganization Hearing is Scheduled for September 19
Terraform Labs will face its Chapter 11 bankruptcy reorganization hearing on September 19. The outcome of this hearing will have a significant impact on the company’s future.
State Street Plans to Provide Digital Assets Services
State Street, a global custody bank with $44.3 trillion in assets under management, has chosen Taurus to provide digital asset services.
Bitwise Expands to European Market Through New Acquisition
Crypto asset manager Bitwise has acquired London-based ETC Group, a leading issuer of cryptocurrency exchange-traded products (ETPs).
BlackRock ETFs’ Assets Exceed Grayscale’s
BlackRock’s Bitcoin and Ether ETFs have become the largest publicly traded crypto funds in terms of assets under management, surpassing Grayscale’s products for the first time.
Thailand Announces a Crypto Regulatory Sandbox
The securities regulation agency of Thailand has initiated a sandbox program for companies involved in cryptocurrency as the country continues to navigate the delicate balance between regulatory restraints and innovative developments in the crypto industry.
