Marathon shareholders file lawsuit against company’s top management

The CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.

Marathon shareholders file lawsuit against company’s top management

United States-based crypto mining company Marathon Digital is heading to court after its shareholders alleged that its CEO Fred Thiel, alongside other top executives, breached fiduciary duties, ...

1 year ago

ASIC Revokes FTX Australia License Amid Stricter Crypto Regulations

The Australian arm of FTX has seen its license canceled by the Australian Securities and Investments Commission (ASIC)

ASIC Revokes FTX Australia License Amid Stricter Crypto Regulations

The Australian Securities and Investments Commission (ASIC) has canceled the license of FTX Australia, as revealed in a press release published on July 19. With the Australian Financial Services...

1 year ago

Crypto memes could soon be regulated in the UK

The UK regulator is mulling whether to bring crypto memes under updated guidance on financial promotions, including across social media

Crypto memes could soon be regulated in the UK

Crypto startups, engagement farmers and memecoin fans beware: UK authorities may soon come for crypto memes.  The Financial Conduct Authority (FCA) wants to modernize its rules ar...

1 year ago

Thodex CEO sentenced to Turkish prison for failure to submit tax documents

Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him from presenting the requested books.

Thodex CEO sentenced to Turkish prison for failure to submit tax documents

Three months after Faruk Fatih Özer — the founder and former CEO of Thodex — was detained in Türkiye, he received a prison sentence of seven months and 15 days for failing ...

1 year ago

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the clause, according to a final version of the text seen by CoinDesk

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

A final version of new European Union Data Act rules largely ignores pleas from the blockchain industry, which worries they could make most smart contracts unlawful. Provisions intende...

1 year ago

Ripple decision is ‘troublesome on multiple fronts,’ says former SEC official

John Reed Stark, a former attorney in the Securities and Exchange Commission’s Enforcement Division, says the ruling in favor of Ripple Labs “resides on shaky ground.”

Ripple decision is ‘troublesome on multiple fronts,’ says former SEC official

Former Securities and Exchange Commission official John Reed Stark spoke out against the recent ruling on Ripple Lab’s case, calling the decision “troublesome on multiple f...

1 year ago

Alex Mashinsky Released on $40 Million Bond, Denies Fraud Accusations (Report)

Despite being pressed from all sides, Mashinsky managed to evade his stay in a correctional facility (at least for now).

Alex Mashinsky Released on $40 Million Bond, Denies Fraud Accusations (Report)

The co-founder and former CEO of Celsius Network – Alex Mashinsky – has reportedly pleaded not guilty to the allegations that he and his entity defrauded customers over the years and...

1 year ago

EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law

Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets regulation

EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law

The European Securities and Markets Authority (ESMA) issued a set of detailed proposals on how crypto companies within the European Union should be authorized, the first use of new powers&n...

1 year ago

Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities

In January, lawyer John Deaton persuaded the Judge in the SEC vs. LBRY case that secondary LBC token sales don’t constitute a securities offering.

Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities

Ripple may be holding its breath a bit longer after a United States district court judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security. On July ...

1 year ago

Sarah Silverman sues Meta and OpenAI for copyright violations

Author Sarah Silverman, and two others, opened a lawsuit against OpenAI and Meta for using copyrighted work to train their AI systems without permission.

Sarah Silverman sues Meta and OpenAI for copyright violations

The American comedian and author Sarah Silverman, along with two other authors, Richard Kadrey and Christopher Golden, have filed lawsuits against Meta Platforms’ LLaMa and OpenAI’s ...

1 year ago

Trade cryptocurrency with ease and enjoy low trading fees!
Trade cryptocurrency with ease and enjoy low trading fees!

Quickly and easily trade cryptocurrency at Wollito.com

Find your answers instantly in our Support Center
Find your answers instantly in our Support Center

Taking good care of our customers is our top priority. Wollito Customer Support is here to pro...

Wollito NFT - Coming Soon
Wollito NFT - Coming Soon

List your NFT for FREE with Wollito NFT's.