Cryptocurrency Securities

2 records · page 1 of 1

Bithumb Boss Jailed for Embezzlement and Related Crimes

Kang Jong-Hyun: the founder and Bithumb chairman has been sent to jail for crimes ranging from taking advantage of the market to embezzlement, fraud, and mismanagement. Bithumb is the biggest cryptocurrency exchange in S. Korea and has existed since 2014, with over 8 million global users. Jong-Hyon was arrested on Thursday after a court in

Brenda Collins14 Feb 20232 min read

Press releaseSponsored / supplied

Kraken Terminates US Crypto-Staking Service, Settles $30M Fine Imposed by SEC

Crypto exchange Kraken confirms the immediate shutdown of its US-based crypto staking-as-a-service operations. The shutdown will feature payment of a $30 million fine imposed by the US Securities and Exchange Commission (SEC) for offering unregistered securities. Constituent Kraken’s Firms Terminate the Staking Services The statement by the crypto exchange firm dated February 9 indicated that

Stephen Causby12 Feb 20232 min read