Latest from Nelson Wang
Blockchain Entrepreneur Arrested in California on Fraud Charges
The Justice Department has accused Rikesh Thapa of bilking his startup firm of over $1 million in U.S. currency, cryptocurrency and utility tokens.
Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg
Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.
Ledger Taps iPod Creator Tony Fadell for New Crypto Hardware Wallet
The Ledger Stax is a sleek device that features an e-ink display that can show transaction details and even NFTs on its exterior.
Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.
S. Korean Judge Dismisses Arrest Warrant for Terra Co-Founder Shin
An arrest warrant for Do Kwon, another co-founder, remains in effect, however.
FTX Collapse Highlights Need for Global Crypto Regulations, Says US Treasury’s Adeyemo: Reuters
Deputy Treasury Secretary Wally Adeyemo said such regulations are important to ensure the protection of investors, consumers and financial stability.
BlackRock CEO Larry Fink Says Firm Invested $24M in FTX: Reuters
The executive said it appears there were "misbehaviors" at FTX.
Sam Bankman-Fried Addresses Withdrawals, FTX Collapse in Newly Released Audio Interview
The FTX founder said he unpaused Bahamian FTX withdrawals to “appease” local customers and added his lawyers to the groups of people he said can “go f**k themselves.”
Crypto Exchange Kraken Settles Case With US Treasury Over Serving Customers in Iran
Kraken has agreed to pay $362,159 to settle its potential liability for violating U.S. sanctions.
US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
Several regulators, including the Alabama Securities Commission, are looking into whether Genesis may have violated securities laws, according to the report.
