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Former Lido Holder Files Lawsuit Against Lido DAO


A former Lido holder has filed a class-action lawsuit against the Lido decentralized autonomous organization (DAO), a governing body that manages the liquid staking protocol, according to a recent court document. An unregistered securities claim Andrew Samuels filed the complaint on December 17th...

Binance, CZ Claim Settlement With DoJ and FinCEN Irrelevant to SEC Lawsuit


source: GeekWire/ Taylor Soper Binance Holdings and its former CEO, Changpeng Zhao, have filed a response to the U.S. Securities and Exchange Commission’s (SEC) recent notice of supplemental authority concerning Binance’s settlement with the U.S. Department of Justice (DOJ). In...

FTX Debtors Challenge IRS Over Whopping $24 Billion Tax Claim


Source: Adobe / Александр Поташев Debtors of FTX have raised concerns over the Internal Revenue Service’s (IRS) claim of $24 billion in taxes, warning that it could impede the return of customer funds.  In a filing submitted on Sunday, the debtors argued that their earnings were nowhere near...

Bitcoin Water Footprint Adds Pressure to Mining Regulations: Report


Source: Pixabay / Michael Wuensch Popular Bitcoin (BTC) critic Alex De Vries says the asset uses about 16,000 liters of water which can fill a pool for each transaction on the network, a claim that has sparked diverse reactions.  In a study released on Nov 29, De Vries opined that Bitcoin has...

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