Daily Archives: August 30, 2022, 8:42 am

Crypto.com accidentally transfers $10.5m to woman

Crypto.com is one of the world’s largest cryptocurrency trading platforms. It’s now been revealed the company accidentally transferred $10.5 million to a woman in Melbourne Australia, when she was seeking a $100 refund. It then took crypto.com more than seven months to realise the error. *** When crypto.com tried to recover the money, the cash had already been moved and…

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Tether Responds to Disinformation in WSJ Article

The most recent article from the Wall Street Journal against Tether, is a series of unsubstantiated conclusions. In a time where false information is being weaponized to cause harm across the globe, it is our responsibility to clarify the facts for readers. The article seeks to discredit the work that Tether has put into transparent and honest communication to the…

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The SEC Wants to Be America’s Crypto Cop – WSJ

In “The SEC Treats Crypto Like the Rest of the Capital Markets” (op-ed, Aug. 20), Securities and Exchange Commission Chairman Gary Gensler appoints the SEC as “the cop on the beat” for crypto. Mr. Gensler is pushing aside his fellow regulators and front-running President Biden’s executive order, which directed agencies to collaborate on establishing clear regulatory frameworks for crypto. Mr.…

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Web3 Domain Name Service ENS DAO Loses Its Web Address Because Virgil Griffith, the Programmer Who Could Renew It, Sits in Jail

When members of the ENS DAO community go to its eth.link website, all they’ll see now is an empty page with a green domain expiration notice banner at the top. That’s because the only person with the authority to renew the domain, Virgil Griffith, is serving a 63-month prison sentence for helping North Koreans use cryptocurrencies to circumvent sanctions and…

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Clifford Chance hires US litigation and regulatory partner Vasu Muthyala, further strengthening Asia Pacific Litigation team

Leading international law firm Clifford Chance announced that today partner Vasu B. Muthyala joins its Litigation and Dispute Resolution practice, based in Singapore. As one of the few former US Department of Justice prosecutors and US Securities and Exchange Commission enforcement lawyers in Asia, Vasu brings extensive experience advising on a broad range of cross border government investigations and regulatory…

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