Wintermute’s CEO says the company’s expansion to the U.S. follows favorable regulatory changes in the country. The leading cryptocurrency market maker, Wintermute, has revealed plans to expand its business to the United States amid the emergence of a more favorable environment for digital assets in the country. Wintermute’s CEO Evgeny...
Binance US Reinstates USD Services After Nearly 3 Years
The services were halted in June 2023. The US arm of the world’s largest cryptocurrency exchange has restarted all USD-based services for local investors after a nearly three-year hiatus. The announcement, shared by the company earlier today, indicates that the services are operational as of February 19 and will be...
Estonian Nationals Plead Guilty in $577M HashFlare Crypto Ponzi Scheme
Sergei Potapenko and Ivan Turõgin’s $577M crypto scam included fake mining contracts and a nonexistent bank, leading to their guilty pleas. Two Estonian citizens pleaded guilty yesterday to running a massive cryptocurrency Ponzi scheme that defrauded hundreds of thousands of investors worldwide, including in the United States. The scheme involved...
Crypto Fraudster Antonia Hernandez Sentenced to 30 Months for Forcount Scam
Hernandez, who pleaded guilty to conspiracy to commit wire fraud, deceived investors into believing Forcount was a legitimate crypto firm. A New York court has sentenced Antonia Perez Hernandez, a key promoter in the Forcount Ponzi scheme, to 30 months in prison. The ruling, delivered by U.S. District Judge Analisa...
3 Things That Could Impact Crypto Markets This Week
A busy week lies ahead on the United States economic calendar as ‘work mode’ resumes for the new year. Crypto markets held on to gains made late last week over the weekend, and momentum could continue into the following days. There has been a small ‘Santa rally’ for stocks and...
