SEC Targets $650M Crypto Pyramid Scheme, NovaTech, in Major Legal Action
The SEC charged NovaTech with running a $650M Ponzi scheme targeting investors. The scheme collapsed in 2022, leading to legal action against its promoters.
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The SEC charged NovaTech with running a $650M Ponzi scheme targeting investors. The scheme collapsed in 2022, leading to legal action against its promoters.
Ethena Labs expands USDe to Solana, adding SOL as a backing asset, introducing innovative stablecoin mechanics, and creating new opportunities in decentralized finance.
The RLUSD stablecoin from Ripple is expected to improve cross-border payments, take on USDC and USDT, and get through legal and market uncertainties.
Senators propose a bill to expand Secret Service powers against crypto crimes, targeting unlicensed transactions and enhancing financial security.
Genesis Global moves $1.5 billion in Bitcoin and Ethereum for creditor repayment, marking a significant recovery step in the crypto sector.
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