South Korean Prosecutors Put Request to Arrest Bithumb Owners
Bithumb CEO Kang Ji-Yeon and two other executives are facing charges of embezzlement, breach of trust, and conducting fraudulent illegal transactions.
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Bithumb CEO Kang Ji-Yeon and two other executives are facing charges of embezzlement, breach of trust, and conducting fraudulent illegal transactions.
The departure of the Nifty Gateway co-founders comes one week after Gemini’s partner, Genesis Global Capital, filed for bankruptcy protection.
Luno will be discarding 330 people out of about 960 employees.
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After a strong community backlash over very high minting prices and lack of communication, Porsche decided to backpedal its NFT plans.
The firm has now raised more than $105 million in total.
Hackers used a privacy protocol called RAILGUN to try to conceal their transactions.
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Grayscale is now neck deep with the lawsuit and there are many assumptions from members of the public with respect to the potential bottlenecks that the lawsuit might present.
Gemini conducted the first round of layoffs back in June 2022. At that time, the exchange cut 10% of its workforce from around 1,100 employees. A few weeks later, Gemini reduced its staff by another 7%, citing “turbulent market conditions.”
Europol has steepened its grasp on troubled exchange Bitzlato with the seizure of substantial crypto assets.