Search Results for: recent lawsuit

Local Businesses in New York Urge Governor to Impose Statewide Bitcoin Mining Moratorium

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The governor of New York state, Kathy Hochul, has been urged by a group of local companies to deny business permits to bitcoin miners. The letter specifically asks for the “denial of permits for the Greenidge Generating Station and the Fortistar…

Scaramucci de Skybridge Capital sobre Crypto Boom: ‘Las instituciones no están ahí’

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Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested…

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

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As the lawsuit with the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation…

US Court Sentences Cryptocurrency Hedge Fund Founder to 7.5 Years in Prison

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The founder of two cryptocurrency hedge funds in New York, Stefan Qin, has been sentenced to 7.5 years in prison and three years of supervised release. He is also ordered to forfeit about $55 millón. The Department of Justice (DOJ) dijo…