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Latest from Nikhilesh De
US Arrests 3 in Alleged Crypto Mining Pool Fraud Scheme
U.S. authorities have arrested three members of BitClub Network, alleging the mining pool is a long-running Ponzi scheme.

LedgerX Places Founders on Administrative Leave After Tussle With CFTC
LedgerX CEO and COO Paul and Juthica Chou have been "placed on administrative leave" by the company, with DTCC vice chairman Larry Thompson filling in.

Huobi US Is Abruptly Halting Exchange Operations
HBUS says customers should withdraw all funds by Jan. 31, 2020.

Bakkt Goes Live With Options, Cash-Settled Futures Products
Bakkt’s new options and cash-settled bitcoin futures products have just gone live, joining its three-month-old physical futures contracts.

Asset Manager Secures SEC Approval to Create Novel Bitcoin Futures Fund
NYDIG plans to raise $25 million for an SEC-approved investment fund focused entirely on cash-settled bitcoin futures.

Ripple Files Last Bid to Dismiss XRP Securities Lawsuit Before Court Meeting
Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing.

Circle Co-Founder Sean Neville Steps Down as Co-CEO
Sean Neville, co-founder of Circle, is stepping down as co-CEO six years after founding the crypto trading and payments startup with Jeremy Allaire.

Georgia Governor Appoints Bakkt CEO Loeffler as New US Senator
It is unclear who will helm Bakkt after CEO Kelly Loeffler joins the U.S. Senate on Jan. 1.

Placeholder Leads $2 Million Seed Round for DeFi Services Provider Zerion
DeFi services provider Zerion has raised $2 million from Placeholder, Blockchain and others to build out its team.

Online Lender SoFi Gets NY BitLicense, Clearing Way to Offer Crypto Trading
SoFi has been granted a BitLicense by NYDFS, allowing it to provide crypto trading services to New Yorkers.
