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Nigerian authorities detain two Binance execs in crypto crackdown


Nigerian authorities have reasons to feel they are right in cracking down on the cryptocurrency business. The most recent incident involved detaining two Binance executives and taking their passports. It occurred when both executives flew to Nigeria following the country’s decision to...

Nigeria Detains Two Binance Execs Amid Exchange Probe


Authorities in Nigeria have reportedly detained two senior Binance executives and confiscated their passports as the country cracks down on crypto exchanges. The post Nigeria Detains Two Binance Execs Amid Exchange Probe appeared first on Cryptonews

IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts


The Internal Revenue Service (IRS) said on Tuesday that it hired two crypto industry executives — Sulolit “Raj” Mukherjee and Seth Wilks — to aid in digital asset reporting, compliance, and enforcement programs. The post IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts...

South Korean Altcoin Execs Released on Bail


Two South Korean altcoin executives were freed on bail on February 7 pending a fraud trial. Prosecutors think the executives manipulated token prices to defraud investors. Per Newsis, the Seoul Southern District Court released Pica Project/Pica Coin co-chairs Song (aged 24) and Seong (aged 45)....

South Korean Crypto Exchange Bitsonic Execs Jailed for Price Manipulation


A Seoul court jailed South Korean crypto exchange Bitsonic executives for manipulating crypto prices – and profiting to the tune of $7.5 million. Newsis reported that the Seoul Eastern District Court sentenced the CEO of the Bitsonic trading platform to seven years in prison. South Korean Crypto...

Kraken Taps Former N26 and Coinbase Execs for Key Positions


Crypto exchange Kraken has announced the hiring of a former N26 Chief Product Officer and a former Coinbase Managing Director. In an statement published on January 25th, Kraken announced it had hired Gilles BianRosa and Marcus Hughes to strengthen its leadership team. The company said the hires...

Crypto Execs Argue Bull Run Could Lead to $100,000 BTC in 2024 + More News


Source: AdobeStock / fotokitas Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Crypto Execs Argue Bull Run Could Lead to $100,000 BTC in 2024 Spanish Police Arrest a Man for Working with...

How Analysts Think Binance’s $4.3B Settlement Will Help Crypto Grow


While the recent settlement between Binance, its former CEO Changpeng Zhao, and the U.S. Department of Justice (DOJ) has shocked the entire crypto industry due to the supposed money laundering and terrorism-related financial implications it has, many analysts and execs believe this is ultimately...

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