Tag: settlement

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FTX’s $228M Settlement WIth Bybit Brings Conclusion of Epic Liquidation Closer

FTX’s $228M Settlement WIth Bybit Brings Conclusion of Epic Liquidation Closer

"We are pleased to be in a position to propose a chapter 11 plan that contemplates the return of 100% of bankruptcy claim amounts plus interest for no [...]
‘A Rip-Off’: Students Secure a Final Settlement Against Walden University

‘A Rip-Off’: Students Secure a Final Settlement Against Walden University

A $28.5 million settlement in a class-action lawsuit against the university helped create a fresh precedent for prosecuting predatory advertising in f [...]
Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement

Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement

Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday. www.coindesk.com [...]
The Galois Capital Settlement Signals a New Era for Digital Asset Custody

The Galois Capital Settlement Signals a New Era for Digital Asset Custody

In September 2024, Galois Capital, a now defunct crypto hedge fund, settled with the SEC for $225,000 over “custody failures” related to safeguarding [...]
Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations

Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations

The crypto derivatives trading hub faces CFTC charges for allegedly failing to register as a commodities exchange, for illegally offering services to [...]
JP Morgan’s Onyx Blockchain Used for Siemens’ Digital Commercial Paper Settlement

JP Morgan’s Onyx Blockchain Used for Siemens’ Digital Commercial Paper Settlement

Siemens issued €100,000 worth of crypto securities under the German Electronic Securities Act (eWpG) on September 13, then redeemed it three days late [...]
EToro Reaches Settlement With SEC, Will Limit Trading to Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH)

EToro Reaches Settlement With SEC, Will Limit Trading to Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH)

The company "has agreed to cease and desist from violating the applicable federal securities laws and will make only a limited set of crypto assets av [...]
Five U.S. States Reach Settlement With GS Partners, Investors to Get Full Refunds

Five U.S. States Reach Settlement With GS Partners, Investors to Get Full Refunds

As part of the settlement agreement Texas, Alabama, Arizona, Arkansas and Georgia have reached with Heit and his companies, all civil claims against G [...]
Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement

Restaking Protocol Ether.fi Selects Scroll as Layer-2 Network for Settlement

Restaking protocol Ether.fi selected layer-2 network Scroll as the settlement layer for products like its Cash card. www.coindesk.com [...]
Robinhood’s Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California

Robinhood’s Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California

"We are pleased to put this matter behind us," said Lucas Moskowitz, Robinhood Markets' general counsel in an emailed statement. "The settlement fully [...]
Tokenization, Blockchain, and the Future of Finance

Tokenization, Blockchain, and the Future of Finance

For now, DeFi products will continue to compete with traditional products, but it is likely that the two will blend at some point. By leveraging DeFi’ [...]
Sudan, Russia explore local currency trade settlement to cut forex reliance – Sudan Tribune

Sudan, Russia explore local currency trade settlement to cut forex reliance – Sudan Tribune

Sudan, Russia explore local currency trade settlement to cut forex reliance  Sudan Tribune sudantribune.com [...]
Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

Binance, the world's largest cryptocurrency exchange, will pay 9.6 million reais ($1.76 million) to the Brazilian Securities and Exchange Commission ( [...]
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock

XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock

XRP trading activity is heightening in South Korea, where traders tend to push euphoric rallies on tokens. www.coindesk.com [...]
AgriDex Settles First Agricultural Trade on Solana Blockchain

AgriDex Settles First Agricultural Trade on Solana Blockchain

“We settled the first-ever trade on a public blockchain, and it is now on its way from South Africa to London," said Adrian Vanderspuy, owner and CEO [...]
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