Former Celsius CEO Alex Mashinsky was arrested Thursday on federal securities fraud charges, a source told CNBC the bankrupt crypto exchange agreed to pay a $4.7 billion settlement with government regulators. The exchange was also charged by the SEC and CFTC with scheming to defraud investors ...Read More

The world’s largest crypto exchange by trading volume is reportedly downsizing amid mounting pressure from federal investigations. The Wall Street Journal reports that Binance already terminated dozens of its employees last week, some of whom were told their jobs were redundant while others were let go ...Read More

Taylor Swift signed and agreed to a sponsorship deal with bankrupt crypto exchange FTX after months of discussion before executives at FTX decided not to go through with the deal, a person familiar with the matter told CNBC. The nature of the agreement, previously ...Read More

Coinbase Global (COIN) said late Wednesday that the Securities and Exchange Commission “lacks authority” to sue the largest US crypto exchange, the latest in its ongoing legal war with the powerful Washington regulator. The SEC alleged in a lawsuit filed earlier this month that ...Read More

Questions are multiplying around a 45-minute Zoom call that SEC Chair Gary Gensler held in March 2022 with disgraced crypto mogul Sam Bankman-Fried — including whether the controversial powwow got advance approval by the agency’s ethics team, On The Money has learned. The now-infamous virtual meeting ...Read More

Robinhood, a crypto and stocks trading platform, has not escaped the biting crypto winter that has been ravaging the space. In a new announcement, the company has revealed a significant decline in its trading volumes as regulatory pressure mounts on crypto firms. Robinhood Crypto ...Read More

This week, he delivered on that threat, big time. The Securities and Exchange Commission unveiled a barrage of charges against two of the world’s largest crypto exchanges — Coinbase and Binance — kicking off a legal battle that will help define the future of ...Read More