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Natali Mironova

FTX Firms Settle Fraud Claims for $66M

FTX Firms Settle Fraud Claims for $66M 1

Silicon Valley law firm Fenwick & West has agreed to a $54 million settlement with FTX customers, addressing allegations that the firm played a role in enabling Sam Bankman-Fried’s alleged fraud. This agreement is part of a broader second phase…

Bitcoin Reserve Bill: 1M BTC Target, 20-Year Lockup

Bitcoin Reserve Bill: 1M BTC Target, 20-Year Lockup 7

New bipartisan legislation has been introduced in the U.S. House of Representatives that proposes the establishment of a strategic reserve for government-held Bitcoin (BTC), mandating a minimum 20-year holding period. This legislative effort, known as the “American Reserve Modernization Act…

House probes insider trading on Kalshi, Polymarket

House probes insider trading on Kalshi, Polymarket 14

Congressional Probe Launched into Prediction Market Insider Trading House Oversight and Government Reform Committee Chairman James Comer has initiated a congressional investigation into the integrity of prediction markets, specifically targeting Kalshi and Polymarket. On Friday, letters were dispatched to the…

Novogratz, BitGo Clash in Court Over $100M Claim

Novogratz, BitGo Clash in Court Over $100M Claim 22

The cryptocurrency industry is currently witnessing a significant legal dispute between Galaxy Digital, founded by Michael Novogratz, and BitGo, stemming from a failed $1.2 billion acquisition deal announced in May 2021. The legal confrontation intensified this week as BitGo seeks…