CryptoNews

Genesis Alleges Multi-Million Dollar Preferential Transfers by Gemini Amidst Crypto Turmoil – Legal Bitcoin News

November 23, 2023
In a recent legal move, Digital Currency Group’s (DCG) subsidiary Genesis Global Capital LLC has filed a complaint against the crypto exchange platform and custodian Gemini. Genesis hopes to claw back $689 million from the centralized crypto trading platform founded by Cameron and Tyler Winklevoss in 2014. Genesis Targets Gemini in $689M Legal Battle Over Alleged Preferential Crypto…
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CryptoNews

KPMG and Chainalysis Partner to Enhance Crypto Fraud Detection and Compliance – Bitcoin News

November 23, 2023
KPMG in Canada and Chainalysis have entered into a strategic partnership aimed at strengthening efforts against crypto asset fraud. This alliance, marking KPMG’s entry into the Chainalysis Solution Provider program, is focused on providing enhanced monitoring and risk management tools for cryptocurrency exchanges, financial institutions, and government agencies. The announcement on Wednesday…
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CryptoNews

Africa-Focused Crypto Exchange Yellow Card Bags Africa's 'Disrupter of the Year' Award – Africa Bitcoin News

November 23, 2023
Yellow Card, the Africa-focused crypto exchange, recently won the African financial industry’s 2023 “Disrupter of the Year” award. The crypto exchange’s CEO described the award as a recognition of Yellow Card’s role in “solving important, practical problems across the continent for businesses.” Award Reserved for Businesses Demonstrating ‘Resilience in Complex Times’ In what has…
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CryptoNews

SEC Identifies 16 Crypto Tokens as Securities in Kraken Lawsuit – Legal Bitcoin News

November 22, 2023
The U.S. Securities and Exchange Commission (SEC) has identified 16 crypto tokens as securities in its lawsuit against cryptocurrency exchange Kraken. Some of the alleged crypto securities were the same as those highlighted in the SEC’s lawsuits against Coinbase and Binance. Kraken’s CEO stressed: “We strongly disagree with the SEC claims, stand firm in our view that we do not list…
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