An announcement was put out today by the Justice Department that Keonne Rodriguez and William Hill had been arrested and charged with operating Samourai Wallet, “an unlicensed money transmitting business” that executed “unlawful transactions.” Fuck the Justice department, full stop. At no point did Samourai custody user funds, have control …
Read More »Prometheum’s Ethereum Custodial Launch Puts SEC’s ETH Classification In The Spotlight read full article at worldnews365.me
Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently announced the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization. Fortune Magazine reported that the company’s strategy is to compel regulators, particularly the …
Read More »BlockFi Custodial Customers to Receive $300M in Repayment, While BIA Holders Risk Losing Investment to Company’s Creditors read full article at worldnews365.me
A judge has approved repayment for BlockFi custodial wallet holders but said interest-bearing funds still belong to the bankrupt company. BlockFi custodial wallet users could receive a massive $300 million repayment from the bankrupt digital asset lender. On Thursday, a New Jersey judge ruled that the assets locked in BlockFi’s …
Read More »