Skip to content

In addition to the Ethereum ETF, last night's $2 billion event is also worth paying attention to

May 21, 15:25
In addition to the Ethereum ETF, last night's $2 billion event is also worth paying attention to

1. The New York Attorney General's Office reached a $2 billion settlement with the bankrupt crypto asset lending platform Genesis Global Capital.
2. The settlement will establish a victims fund to compensate thousands of New Yorkers and other investors who lost money through the Genesis platform.
3. New York Attorney General Letitia James said this is the largest settlement ever reached in the state against a crypto asset company.
4. The settlement resolves some allegations that Genesis and its affiliates concealed the $1.1 billion loss of "Gemini Earn" from project investors.
5. The Attorney General's Office will continue to strengthen supervision and regulation of the crypto asset field and has obtained more than $2.5 billion in settlements from other predatory platforms.

Recommended

The Wall Street Journal: How is AI Trading Stealing the Limelight from Cryptocurrency?

Aug 15, 14:00
The Wall Street Journal: How is AI Trading Stealing the Limelight from Cryptocurrency?

Tencent Still Has a Dream

Aug 15, 11:27
Tencent Still Has a Dream

To Catch North Korean Hackers, They Set Up a Fake Project

Aug 15, 10:00
To Catch North Korean Hackers, They Set Up a Fake Project

From Litigation to Settlement: Positive Signal Released by HTX's Negotiation with FCA

Aug 14, 19:32
From Litigation to Settlement: Positive Signal Released by HTX's Negotiation with FCA

11,742 Shipping Addresses Exposed Alongside Trezor Orders

Aug 14, 19:01
11,742 Shipping Addresses Exposed Alongside Trezor Orders

Founder Interview: FOMO Creator Explains How They Added 30,000 Users in One Day and Became One of the Fastest-Growing Crypto Apps

Aug 14, 18:37
Founder Interview: FOMO Creator Explains How They Added 30,000 Users in One Day and Became One of the Fastest-Growing Crypto Apps