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Regulators clamp down on websites offering unrealistic crypto returns

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a crackdown on fraudulent activities, the SEC has taken action against operators of multiple websites accused of enticing investors with exaggerated returns through various securities offerings, including crypto asset mining pools.  The regulatory agency has targeted these operators for allegedly […]
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Bybit begins offering crypto lending services

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Dubai-based crypto exchange Bybit has introduced crypto lending services to its portfolio of services. This allows users to earn passive interest income on their idle cryptocurrency assets. According to the announcement made on May 2, users can deposit their unused crypto […]
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Binance allegedly tried to evade US authorities, while offering Gensler advisory role

A recent report revealed that crypto exchange Binance allegedly maintained control over its American unit, which was said to operate independently from the international entity. Moreover, Binance reportedly courted Gary Gensler to be an adviser for the company long before Gensler became chairman of the US Securities and Exchange Commission (SEC).  A Wall Street Journal report […]
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