SEC Charges ‘Snake-Oil Salesmen’ Siblings With $124M Crypto Fraud
The “ground-breaking digital money system” Ormeus Coin was actually a scam, the SEC alleges.
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Category: Crypto Blogs
PayPal Acquires Crypto Security Firm Curv for Nearly $200M
PayPal’s purchase of Curv is part of the company’s larger crypto ambitions, which include working with central banks on digital currency.
Binance Launches Tax Tool for Crypto Traders in France and Canada
The new tax tool from Binance will initially only be available to Canadian and French users, before a potential wider roll-out later in 2023.
Alameda Research, Polychain Capital Back ‘CeFi DeFi’ Crypto Exchange AscendEx
AscendEX has raised $50 million in a Series B funding round led by Polychain Capital and Hack VC and backed by Alameda Research.
Scott Chipolina
Scott worked at Decrypt from 2020 to 2021. He’s an investigative journalist with a background in financial regulation. He previously worked for the Gibraltar Financial Services Commission and holds a Masters’ degree from City University, London, in Investigative Journalism. His areas of interest include financial crime, social media misinformation and the regulation of cryptocurrencies.
Bitcoin Lobby Loses: Senate Rejects Revised Crypto Tax Provisions in Infrastructure Bill
The Senate is now scheduled to vote on the bill on Tuesday. If the bill is approved by the Senate, it will then go to the House of Representatives. Editor’s note: This story was updated after publication to provide additional details regarding the day’s proceedings in the Senate.
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