Sources say SMIC used equipment from California-based Applied Materials and Lam Research to manufacture an advanced 7nm chip in China for Huawei in 2023
- SMIC used Applied Materials and Lam equipment to make 7nm chip — US wants to further limit China's access to foreign chip tech
A Florida court filing accuses the Bahamas-based Deltec Bank of giving Alameda Research a short-term line of credit worth billions of dollars to buy Tether
Zeke Faux / Bloomberg :
Montenegro says police detained Terraform Labs co-founder Do Kwon when he tried to fly to Dubai using falsified Costa Rican travel documents
Bloomberg :
US prosecutors in New York charge Terraform Labs co-founder Do Kwon with eight counts, including securities fraud, commodities fraud, and wire fraud
Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was charged with fraud by US prosecutors in New York.
A New York bankruptcy judge says Voyager Digital can sell its $1B+ worth of assets to Binance.US, overruling objections by the US SEC and state regulators
The bankruptcy judge in the Voyager Digital case chose to allow the deal with Binance.US over objections from the U.S. Securities and Exchange Commission and state regulators.
Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies
the Cullen Commission in Canada on money laundering asked Bitfinex - Tether people to testify at our govt inquiry on money laundering, and asked them nothing about their operations...
Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies
the Cullen Commission in Canada on money laundering asked Bitfinex - Tether people to testify at our govt inquiry on money laundering, and asked them nothing about their operations...
An in-depth look at the rise and fall of crypto hedge fund Three Arrows Capital, whose founders Su Zhu and Kyle Davies bet everything on prices only going up
Bloomberg :
An in-depth look at the rise and fall of crypto hedge fund Three Arrows Capital, whose founders Su Zhu and Kyle Davies bet everything on prices only going up
Days before Bitcoin fell decisively below $40,000, and two months before his hedge fund went bankrupt, Su Zhu sat down for an interview …
A profile of Celsius Network, which has been valued at ~$3B and promises up to an 18% annual interest on cryptocurrency deposits, as it attracts SEC scrutiny
Bloomberg : Tweets: @crypto , @bw , @bitfinexed , @cduhaime , and @cduhaime Tweets: @crypto : Crypto-lending firms Celsius, Voyager and Gemini are facing U.S. SEC scrutiny over wh...
A profile of Celsius Network, which has been valued at ~$3B and promises up to an 18% annual interest on cryptocurrency deposits, as it attracts SEC scrutiny
Bloomberg : Tweets: @crypto , @bw , @bitfinexed , @cduhaime , and @cduhaime Tweets: @crypto : Crypto-lending firms Celsius, Voyager and Gemini are facing U.S. SEC scrutiny over wh...
SEC charges Blockchain Credit Partners for alleged illegal sales of $30M in unregistered securities, first SEC charges related to decentralized finance industry
The SEC says the company falsely raised $30 million — The Securities and Exchange Commission issued its first charges …
US DOJ indicts CEO of encrypted phone company Sky for selling devices to drug traffickers, the second such company to face charges after Phantom Secure
“The indictment alleges that Sky Global generated hundreds of millions of dollars providing a service that allowed criminal networks around … Source: U.S. Department of Justice .
China's market regulator announces an antitrust investigation into Alibaba for alleged monopolistic practices, the first investigation of its kind in China
the man most closely identified w/ the meteoric rise of China Inc.—was advised by the government to stay in the country... https://www.bloomberg.com/... @luluyilun & @cocojournalis...
China's market regulator announces antitrust investigations into Alibaba, first of its kind for a Chinese internet company, for alleged monopolistic practices
Probe into China's biggest tech group is one of the first of its kind for country's internet sector
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more
A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.
Profile of Tron founder and BitTorrent CEO Justin Sun, whose controversial reputation is built on a non-traditional leadership style and marketing stunts
When Chinese millionaire Justin Sun acquired BitTorrent, was he trying to skirt the trade war? Or fly right in the face of it, no matter the cost?
Chainalysis: around $50B in crypto assets have left China in the past year, of which ~$18B was Tether; China limits citizens to $50K/year in overseas transfers
- Report suggests digital coins contribute to capital flight — Tether coin is ‘a U.S. dollar replacement’ for some in China