South Korea Sentences Crypto Firm Executive to 3-Year Jail Just Before Corporate Regulations
The Seoul Southern District Court sentenced crypto firm CEO Jong-hwan Lee to three years in prison for manipulating the ACE token price.
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The Seoul Southern District Court sentenced crypto firm CEO Jong-hwan Lee to three years in prison for manipulating the ACE token price.
The Incognito Market founder has been sentenced to 30 years in prison, with five years of supervised release, for illicit activities involving cryptocurrency.
Bitmine’s BMNR stock fell as Ethereum losses hit $6.6B. Tom Lee defends the strategy while the firm and investors continue accumulating ETH.
Leveraged anti-Strategy ETFs, such as GraniteShares’ 2x Short MSTR Daily ETF (MSDD) and Defiance’s SMST, have reached record highs amid the MSTR stock decline.
Ethereum ETFs saw renewed inflows on Feb. 3, but the cryptocurrency remains range-bound as large holders continue exchange deposits.
Bitwise is reportedly acquiring Chorus One, a staking services provider with $2.2 billion in staked assets.
Crypto winter started in January 2025, though institutional flows masked weakness. The market now shows early signs of recovery.
Bitcoin’s price briefly fell below $73,000 for the first time since April 2025, pressured by heavy whale selling.
Tether has quietly pulled back from plans for a massive fundraising round amid investor resistance to a $500 billion valuation.
Galaxy Digital’s stock crashed following a devastating $482 million quarterly loss, reflecting broader crypto market struggles. The firm’s digital assets shrunk 22% amid falling token values and market volatility.