Criminal Complaint Against Circle Puts USDC Freeze Policy Under a Microscope
A criminal complaint filed by Wisconsin prosecutors against Circle, the company behind USDC, has put an uncomfortable question back in the spotlight. Why does the world’s second-largest stablecoin issuer appear far less willing than Tether to help…
FTX Lawyers Pay $54M In Settlement Over Services Rendered To Exchange – Details
In a noteworthy development, US law firm Fenwick & West has agreed to pay $54 million to settle claims arising from its legal services for the defunct crypto exchange FTX. The proposed settlement, filed in federal court in Miami on Friday, resolves…
Celsius Sues Tether for $2.4 Billion Over Bitcoin Collateral Dispute
Amidst a tense legal dispute, Celsius Network Limited has taken legal action against Tether Limited, aiming to claim $2.4 billion in compensation. At the heart of the dispute lies the claim that Tether has breached their agreement by allegedly misusing…