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Latest from Amitoj Singh
Terraform Labs, Do Kwon Fail to Have Singapore Class-Action Suit Rejected: Report
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.

Digital Asset Investment Platform Fasset Wins Operational License in Dubai
The licence will allow Fasset to serve institutional investors, qualified investors and retail investors.

The Algorand Foundation Expands Its Footprint in India
The foundation's AlgoBharat initiative has secured new partnerships in India with NASSCOM, TiE Bangalore and the Mann Deshi Foundation.

Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB
A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."

TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.

Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs and a former MAS regulator.

Genesis Sues Gemini to Recover 'Preferential Transfers' Worth $689M
Genesis and Gemini have been embroiled in a public and legal feud since the collapse of FTX.

Celsius to Transition to Mining-Only NewCo After SEC Feedback in Updated Bankruptcy Plan
On Monday, a few hours before the Celsius announcement, CoinDesk reported that the SEC wanted more information about the assets of the former crypto lender.

FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer: The Information
FTX bought a stake in Anthropic supposedly worth $500 million, according to an internal document circulated before last November’s bankruptcy filing.

Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC
The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.
