The proposed lawsuit is just one of the several class-action complaints filed against Silvergate Bank over the past two months.
Bankman-Fried is expected to respond to the subpoena with the required documents by Friday.
In January, Circle CEO forecasted that the year 2023 is the year when stablecoin issuers would be "normalized in almost every major market."
The court previously prohibited Bankman-Fried from using encrypted messaging apps to prevent him from communicating with former FTX employees.
Ruairi Donnelly made millions of dollars from FTT while he was serving as the chief of staff of FTX and Alameda Research, according to a report.
In a press release Monday, Paxos said it is working "in close coordination" with the New York regulator and will "cease issuance of new BUSD tokens" on Feb. 21.
Coinbase claims that "staking is not a security under the US Securities Act, nor under the Howey test."
Musk has helped DOGE in a lot of ways, as aside from shilling the meme coin, he also adopted it as a form of payment in the Tesla merchandise store.
Aside from Metamask, cybercriminals also impersonated the logistics giant DHL and sent malicious emails to Namecheap users.
Aside from that, the U.S. SEC is also reportedly preparing to sue Paxos over the Binance-USD token.
The Microsoft Industrial Metaverse Core team was working on how to use artificial intelligence and digital technologies to allow interaction among users using optimized assets, places, physical goods equipment and processes.
With the Shib Army hyping the launch of Shibarium, industry watchers forecast that the initiative could help SHIB, the native token of the ecosystem, to deliver monster gains.
"Shamelessly, while ducking his obligations to his failed company, Mr. Davies has been recently active in an effort to raise tens of millions to start a new crypto exchange called 'GTX," 3AC liquidators said in a court filing dated Feb. 7.
Rumors about the stablecoin project started making rounds when a code for a USD-backed coin was uncovered in the company's official application last year.
Blockchain Association CEO Kristin Smith called the SEC's latest move an "attack on U.S. crypto companies and retail investors."
"The South Korean government has decided to take specific measures to counter illegal cyber activities, which are one of North Korea's main sources of funding for nuclear and missile development," an announcement read.
"Congress must act to protect the domestic crypto industry and US consumers who will now be going offshore to obtain services no longer available in the US," Powell said in a tweet.
"We are proud of how Tether has continued to be a driving force in rebuilding trust within the crypto industry, and we are determined to continue to set a positive example for our peers and competitors alike," Tether CTO Paolo Ardoino said.
There is so much more to NFT technology than the art craze suggests.
Blockchain bridges are protocols that enable interoperability between different blockchain networks.
Twitter introduced the cashtag feature in December 2022 a few days after it launched Twitter Blue for individuals.
For the Ethereum co-founder, a successful Ethereum world connotes avoiding the "trap of intersectional activism."
Unfortunately, neither Kusama nor Musk has clarified what their posts mean.
Bankman-Fried, the founder and former CEO of FTX, originally purchased his stake in May 2022 through Emergent Fidelity Technologies.
The rumors about SEC banning crypto staking gained traction after the agency's chairman Gary Gensler mentioned that crypto assets allowed for staking options could be classified as securities under the Howey Test.
If the SEC rules against Kraken, it could have a major impact on the cryptocurrency industry, which is already neck-deep in scrutiny.
In a way, Starbucks Odyssey is both a metaverse strategy (gamified experience) and a Web3 strategy (CRM).
While its current price is a far cry from its all-time high price of $0.731578 in May 2021, Dogecoin holders are hopeful that good things are yet to come.
Even before Musk's tweet, AI crypto assets showed impressive performance over the past week, recording as much as a 51% spike with a total sector market cap of $3.85 billion.
The reason behind this withdrawal remains a mystery, just like the previous wallet activities that happened in the past.
