Kraken settles with US Treasury's OFAC for violating US sanctions
The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran.
Jack Dorsey’s Block sues Bitcoin.com for trademark infringement
“The use of the designation "VERSE" constitutes an infringement of our client's trademarks under German trademark law,” Block’s legal counsel said in a letter to Bitcoin.com.
Crypto fund investment still dominated by the United States: Database
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%.
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
"We're looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration," wrote Game7 in its FAQ.
FTX collapse put the Singapore government in a parliamentary hot seat
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.
FTX collapse drives curiosity around Sam Bankman-Fried, Google data shows
In November, the crypto community investigated and found SBF guilty of manipulating and misappropriating users’ funds, ultimately leading to the fall of the empire built around FTX.
FTX under 'active' civil and criminal investigation: Bahamas AG
Bahamian Securities Commission, the Prime Minister’s financial intelligence unit, and a financial crimes unit are all involved in the FTX investigation.
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