Chinese fraud victims challenge UK redress plan for 61,000 seized Bitcoin: FT
Chinese investors defrauded in the Zhimin Qian case are asking the UK High Court to reject a redress plan for 61,000 seized Bitcoin, saying it could deprive them of the assets’ gains.
JPMorgan sued over alleged role in $328M crypto Ponzi scheme
Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.
Binance.US names new CEO as crypto exchange eyes expansion
Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange that was once a target of a long-running SEC lawsuit.
Ghana greenlights 11 crypto companies for regulatory sandbox
Ghana’s SEC could grant a full license to sandbox participants as early as six months, provided that their products are market-ready and that they tick all regulatory boxes.