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Crypto Mining Co. Execs Face Suit Over Merger Shortcomings

Law 360 M&A

Executives and directors of crypto mining company Hut 8 have been hit with a shareholder derivative suit claiming they failed to disclose the severe financial and operational issues of a company Hut 8 merged with last year, later revealed in a short-seller's report.

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Let’s Stop Treating Crypto as If It Were Finance

Reynolds Holding

Treasury, SEC, CFTC, and CFPB appear set on regulating the crypto trading system (traded coins and associated marketplaces, exchanges, brokerages, lending, staking, derivatives, intermediaries, and enablers) as part of the traditional financial services system. Crypto and the Purpose of Finance.

Finance 145
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Five Areas to Explore If You Suspect a Spouse Is Hiding Crypto Assets in a Marital Dispute

BVR

Here, we summarize five key areas where one would find proof of crypto asset fraud in a marital dispute, including interviews, tax returns, bank accounts, credit card statements, and more.

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Are Securities Class Actions Appropriate to Address Secondary-Trading Crypto Fraud?

Reynolds Holding

Traders in the United States now routinely trade hundreds of crypto assets in secondary crypto markets, and the pool of tradable assets is growing. But in addition to market-generated gains and losses, these traders risk significant financial loss from fraud by crypto asset sponsors or others.

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Binance Acquires Indonesia-Based Crypto Exchange Tokocrypto

Benzinga

In an apparent bid to expand its footprint across Asia, cryptocurrency exchange Binance (CRYPTO: BNB ) has completed the acquisition of the Indonesian exchange Tokocrypto. To Acquire Assets Of Bankrupt Crypto. See Also: Binance.US Full story available on Benzinga.com.

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How Crypto Fraud Affects Investor Behavior

Reynolds Holding

In a recent study, we examine the repercussions of fraud on crypto trading platforms, focusing on how it influences the investment behavior of fraud victims. Our investigation centers on the fraud case involving the Coinseed crypto trading platform. Our key findings reveal a substantial and lasting impact.

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Shiba Inu Edges Out Litecoin As 13th Biggest Crypto With 19% Surge

Benzinga

Shiba Inu (CRYPTO: SHIB ) surpassed Litecoin (CRYPTO: LTC ) to become the thirteenth largest cryptocurrency by market capitalization early on Wednesday. What Happened: At the time of writing, SHIB’s market cap stood at $6.9 billion, while Litecoin’s market cap was at $6.3