A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds. Source link
Carl Nash
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Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas. Source link
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Coinbase
Three DeFi hacks net $10 million in 48 hours despite ‘renaissance moment’
by Carl Nashby Carl NashWhile Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions. Source link
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Coinbase
Billionaire who introduced Tether to Northern Data leaves UK for Switzerland
by Carl Nashby Carl NashChristian Angermayer claimed changes to the non-dom tax system would be “a bigger act of national self-harm than Brexit.” Source link
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Rumors of a $16 billion payout to victims of the FTX fraud circulated on social media. Some people thought they would receive money today. Source link
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A creator of PearAI quit his job at Coinbase to start the firm but has since been accused of stealing code and illegal relicensing. Source link
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A state senator in Ohio has re-introduced a law that would somehow allow payment of taxes in volatile crypto assets. Source link
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Crypto sleuth ZachXBT claimed that the alleged crypto scammer stole $650K while in the UK and confirmed his face was exposed in a video call. Source link
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Coinbase
Binance founder CZ made over $25 million per day while in prison, report
by Carl Nashby Carl NashAlthough most of his wealth comes from equity in private companies, Forbes claims that CZ could personally have made billions while in prison. Source link
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Swan Bitcoin claims Proton stole the IP of its bitcoin mining business, but Proton claims that Swan doesn’t even own a majority stake. Source link