Author: American Coins & Gold

Cryptocurrency Altcoin Crash Is Coming: Matrixport
FTX is not the only major seller of crypto assets, venture capital funds are also under pressure to return money to their investors, the report said.

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi
FinoaConnect provides the firm’s 300-plus institutional clients with wallet integration for a curated list of permissioned DeFi and Web3 platforms.

Former Celsius CEO Alex Mashinsky Seeks to Quash U.S. FTC Case
Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators

Binance Says SEC’s Request for Depositions is ‘Overbroad’ and 'Unduly Burdensome'
Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted.

Binance Says SEC’s Request for Depositions ‘Overboard’ and Unduly Burdensome
Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted.

Standard Chartered-Backed Zodia Custody Now Available in Singapore
Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions.

DOJ 'Overreaching' in Trying to Block Sam Bankman-Fried's Proposed Witnesses, Defense Says
Prosecutors with the U.S. Department of Justice are trying to limit FTX founder Sam Bankman-Fried’s right to a fair trial by moving to block all of his proposed expert witnesses, defense attorneys said. The DOJ, for its part, said the defense mischaracterized a proposed prosecution witness’s planned testimony.

Crypto Exchange Bitget Establishes 0M Pot to Fund Ecosystem Growth
Bitget anticipates tightened regulations and growth of layer-2 blockchain networks and DeFi technologies bringing about an evolution in how centralized exchanges operate.

Sam Bankman-Fried, DOJ Propose Jury Questions Ahead of October Trial
Attorneys for FTX founder Sam Bankman-Fried and the U.S. Department of Justice filed their proposed jury instructions and

Trading Firms Deposit Millions in BTC, ETH and ARB to Exchanges as Crypto Sell-Off Intensifies
Crypto markets dropped sharply on Monday, with bitcoin’s price dipping below $25,000.