Roche and Ava Labs have made an effort to refute any conspiracy. Roche is now working for his own legal firm, Kyle Roche P.A. Although Kyle Roche is no longer with Roche Freedman, he is still a lawyer. Roche Freedman announced recently that Kyle Roche will quit the law practice
The interest rate hike has previously affected cryptocurrencies badly. Bitcoin and Ethereum both saw price drops in September after the hike. The WSJ reported on Oct. 21 that US Federal Reserve officials may be planning an additional interest rate rise of 75 basis points. The article also indicated that authorities
DeFi App Maple Finance imposed tighter restrictions for borrowers. Borrowers on Maple Finance are mandated to sign up with Credora. Decentralized finance App Maple Finance imposed tighter restrictions for borrowers on its platform, to lower counterparty risk after a wave of disasters hit the cryptocurrency market this year. Borrowers must
Taxpayers will need to disclose any and all transfers of digital assets. The year 2022 is the first year when the phrase “digital asset” may be used on tax returns. The Internal Revenue Service (IRS) is extending its mandate for citizens to disclose cryptocurrency transactions. A new draught of Form
CFTC and SEC are looking into various potential legal infractions. US regulators are also looking closely at Celsius. According to Bloomberg News on Monday the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are investigating whether crypto hedge fund Three Arrows Capital (3AC), which declared bankruptcy
Reportedly, Davis pulled $2.5 million out of Celsius before the firm filed for bankruptcy. Lark has endorsed Celsius before, sharing his appreciation for the brand. After being one of the marketers for the defunct cryptocurrency firm Celsius Network, crypto influencer Lark Davis managed to walk away with $2.5 million. Crypto
The corporation has been on an acquisitions binge despite the severe bear market. So far this year, Binance has put money into 67 different projects. According to Bloomberg, Binance CEO Changpeng Zhao said the business is prepared to spend more than $1 billion on acquisitions in 2022. More than twice
This year, until September 30th, its flagship Pure Alpha strategy gained 34.6%. Bridgewater Associates was established in 1975 by Ray Dalio. The billionaire who started the biggest hedge fund in the world, Bridgewater Associates, Ray Dalio, announced his resignation today. His departure completes the transition of the corporation to a
Harrison detailed his plans to move into an advising position at FTX US. CEO Alex Mashinsky of Celsius resigned recently. U.S. division president of cryptocurrency exchange FTX, Brett Harrison, announced his resignation today. Over the next three months, he will be transitioning out of his present position and into an
Similar lawsuits have been filed against Nexo in Kentucky, Vermont, South Carolina, and Maryland. Similar law enforcement actions were taken against Celsius in 2021. On Monday, state securities regulators in California and several other states took action against the crypto lender Nexo, labeling the company’s Earn Interest Product (EIP) unregistered
