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Tag: troubles
After Celsius’ Troubles, SEC Boss Gary Gensler Issues Warning on Dangers of Unregulated Crypto Industry
The head of the U.S. Securities and Exchange Commission (SEC) is issuing a warning to traders on the unregulated nature of the crypto industry after crypto lending platform Celsius (CEL) halted withdr...
Legal troubles mount for Terraform Labs as Seoul police investigate
Terraform Labs, the parent company behind the collapsed Terra ecosystem, is currently under multiple investigations from the South Korean authorities. The latest investigation revolves around the alle...
Gemini’s Legal Troubles Continue With New IRA Lawsuit
After the CFTC, the Gemini Trust Co. has now been sued by the IRA over the former’s failure to prevent a hack that resulted in pension fund losses amounting to $36 million. IRA Sues Gemini The crypto ...
Do Kwon’s Troubles Deepen After Being Exposed To New $4.8 Million Money Laundering
– Advertisement – More money laundering proofs come against Terra’s founder. Do Kwon and his Terraform Labs team keep getting in trouble? After the botched launch of Terra 2.0 and the LUNA...
Tesla is down 33% in a month as analysts read more troubles. Where next?
Tesla Inc. (NASDAQ:TSLA) is trading at around $663.90 at press time. The price is a drop of 42% from the highs it hit at the end of March. Within a month, the stock has shed at least 33%, and more wea...
Do Kwon faces legal troubles in Korea, China remains a top contributor to Bitcoin mining, and Ethereum eyes ‘huge testing milestone’ ahead of merge: Hodler’s Digest, May 15-21
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage its collapsed block...
Celsius CEO blames malicious actors for troubles at the firm
Celsius users are up in arms over the company’s faltering performance, specifically, the CEL token’s shortcomings during the recent market turbulence. But CEO Alex Mashinsky laid the blame squarely on...
Dogecoin: Does 40k investors exiting DOGE foreshadow more troubles ahead
When one thinks about Dogecoin, the first thing to come to mind is a community hyped dog, placed on the face of a coin as a joke, perpetrated to become a worthy cryptocurrency by Elon Musk. Well, now ...
Robinhood’s Troubles Could Get Worse As Stock Hits Record Low Amid Layoffs And Looming Quarterly Earnings
Topline Shares of stock trading app Robinhood lost roughly 4% on Wednesday—hitting a new record low—after the company laid off a chunk of its workforce, with analysts warning that troubles could still...
Walt Disney stock heads for 17-month low as Florida, streaming troubles weigh
Shares of Walt Disney Co. DIS, -2.34% slumped 2.3% in afternoon trading, putting them on track for the lowest close in 17 months, after Florida lawmakers reportedly approved a bill to end a special ta...
Warren’s Crypto Troubles: Sanctions Bill Irks Community
Many crypto advocates and experts have thoroughly criticized Senator Warren’s crypto bill, calling it unconstitutional, unnecessary, and overboard. Digital Assets Sanctions Bill Proposed On Thursday,...
Moody’s downgrades China property developer Shimao over debt troubles
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgr...
Crypto Weekly Roundup: Microstrategy’s BTC Splurge, Crypto.Com CEO Blasts CMC, Binances’ Fresh Troubles, And More
The Crypto space has had another eventful week, with significant developments regarding BTC, ETH, NFTs, Regulations, and more. Here is a quick recap of some of the biggest developments from the crypto...