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Nalezeno "$20 Billion": 2932

FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service


The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities. According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...

Seoul Court Greenlights Seizure of Do Kwon’s Assets Worth $176 Million


According to a local report, South Korean prosecutors have been given the green light by the Criminal Division of the Seoul Southern District Court to seize assets owned by Do Kwon, the co-founder and former CEO of Terraform Labs. The report discloses that a total of 233.3 billion won ($176...

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years


Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest....

PayPal's Crypto Holdings Approach $1 Billion, Primarily in Bitcoin and Ether


PayPal has disclosed that it holds nearly $1 billion in cryptocurrencies on its balance sheet, mainly consisting of BTC and ETH.  In its latest quarterly financial performance report, the financial payments giant revealed that it holds $943 million worth of customer assets in bitcoin, ether...

Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline


The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against...

Digital Assets for 1 Billion Rubles Issued in Russia in a Month


Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...

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