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Latest from Nelson Wang
SEC Accuses 2 Firms of Crypto Pump-and-Dump Scheme
The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it.
Terraform Labs Calls S. Korean Authorities’ Arrest Warrant for Do Kwon Overreach: Report
A Terraform spokesperson claimed its luna cryptocurrency wasn’t a security, meaning it wasn’t covered by South Korea’s capital markets law.
Crypto Exchange FTX.US President Brett Harrison Stepping Down
Zach Dexter, the CEO of FTX's U.S. derivatives unit, will take over Harrison's role, according to a source.
CFO of Insolvent Crypto Lender Voyager Resigns
Ashwin Prithipaul joined Voyager Digital as its chief financial officer in May of this year.
CFTC Penalizes Blockchain Protocol $250K, Files Action Against Successor DAO
The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki DAO.
Kraken’s Jesse Powell to Step Down as CEO of Crypto Exchange
Chief Operating Officer Dave Ripley will take over as CEO.
Crypto Exchanges Binance and FTX Have Both Bid Roughly $50M for Voyager’s Assets: Report
Binance’s current bid is slightly higher than FTX’s, according to sources who spoke to the Wall Street Journal.
Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown
The CFTC’s August action calls for the site to be closed for U.S. users by February 15.
Fidelity Considering Offering Crypto Trading to Brokerage Customers: Report
Fidelity has more than 34.4 million individual brokerage accounts, according to the Wall Street Journal.
MicroStrategy Files to Sell Up to $500M of Stock to Fund Bitcoin Purchases
The deal is a sign Executive Chairman Michael Saylor isn't backing off his audacious plan to turn his software developer into a bitcoin proxy.
