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The Latest Breaking News from Crypto

Don't look now but Ripple may be for real

Ripple is suddenly popular with the rest of the crypto world, and may at last have figured out its business strategy.

Fortune

Bailout of crypto exchange Zipmex falters

The rescue plan for the embattled regional crypto exchange Zipmex is beginning to fray after the company failed to receive the most recent payment due under a US$100-million venture capital buyout.

Bangkok Post

South Korea to seek extradition of crypto fugitive Do Kwon

South Korea will seek the extradition of fugitive crypto entrepreneur Do Kwon, prosecutors told AFP Friday, after the Terraform founder was arrested in Montenegro and hit with US fraud charges.

Bangkok Post

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Crypto founder Do Kwon indicted in US after Montenegro arrest

Co-founder of Singapore-based Terraform Labs faces eight charges, including securities fraud and wire fraud.

Al Jazeera

SEC sues Lindsay Lohan in crypto-scam

Lil Yachty, Akon and a porn star walk into a crypto shop . . .

Salon

Long-awaited Arbitrum token generates $1.8B in 2 hours

The less-than-day-old cryptocurrency is already one the top 50 most valuable tokens by market cap.

Fortune

Man suspected of being crypto fugitive Do Kwon arrested in Montenegro

South Korean CEO of Terraform Labs is accused of multi-billion-dollar fraud involving TerraUSD and Luna currencies

The Guardian - UK

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Terra founder Do Kwon reportedly arrested in Montenegro

The crypto founder had been dodging authorities for months. Earlier reports placed him in neighboring Serbia.

Fortune

SEC to Coinbase: Nice Crypto Exchange You Got There, It'd Be a Shame if Something Happened to It

Coinbase says the agency's assault will "only drive innovation, jobs, and the entire industry overseas."

Reason

Eight Celebrities, Including Boxer Jake Paul, Charged by SEC

The boxer is among several celebrities charged by the SEC for crypto touting.

Sports Illustrated

Linus Tech Tips YouTube Channel Hacked to Promote Crypto Scams

Linus Tech Tips was hacked earlier today, with channel names and branding messed up, and video promoting crypto scams published. Affected LTT channels are currently all offline.

Tom’s Hardware

Coinbase and Gary Gensler are in a death match and only one of them can prevail

The SEC's decision to send Coinbase a sweeping Wells Notice is a turning point for crypto.

Fortune

Lindsay Lohan, Akon and Ne-Yo pay thousands of dollars after illegal crypto promotion

None of the celebrities who paid fines admitted or denied the SEC’s findings

Evening Standard

Celebrities Lindsay Lohan, Jake Paul charged for promoting crypto

Eight celebrities accused of illegally touting tokens in case involving Chinese crypto entrepreneur Justin Sun.

Al Jazeera

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WEKU

The SEC charges Lindsay Lohan, Jake Paul and others with illegally promoting crypto

Crypto entrepreneur Justin Sun and three of his companies were also charged with crimes related to the promotion and sale of two digital currencies, Tronix (TRX) and BitTorrent (BTT).

USA Today Sports Media Group

Phoenix Suns vs. Los Angeles Lakers, live stream, channel, time, how to watch NBA

The Phoenix Suns will make the trip to Crypto.com Arena on Wednesday night to face the Los Angeles Lakers in a Western Conference matchup.

The New Daily

Lohan among stars to pay up over crypto case

Celebrities including Lindsay Lohan have settled with US regulators after promoting crypto investments without disclosing they were being paid to do so.

The Guardian - US

SEC charges celebrities including Lindsay Lohan over cryptocurrency endorsements

Jake Paul and Ne-Yo among stars accused in case as most agree to pay settlement without admission or denial

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The Independent UK

Lindsay Lohan, other celebs settle with SEC over crypto case

Actress Lindsay Lohan, rapper Akon and several other celebrities have agreed to pay tens of thousands of dollars to settle claims they promoted crypto investments to their millions of social media followers without disclosing they were being paid to do so

Evening Standard

Lindsay Lohan, Jake Paul and Soulja Boy hit with US charges over crypto scheme

The group is accused of illegally promoting TRX and BTT crypto assets

Los Angeles Times

Lindsay Lohan, Jake Paul, Lil Yachty and other celebs charged for boosting crypto

In the latest of what’s become a years-long trend, the Securities and Exchange Commission on Wednesday announced charges against a host of celebrities for boosting crypto assets without properly disclosing that they were paid for their endorsements.

Bangkok Post

Bitcoin price set to surge if Federal Reserve keeps rates steady

While gold prices have edged down, the price of Bitcoin stayed above US$28,000, its highest level in 10 months, for a second straight day on Wednesday, with experts predicting it might go up further if the US Federal Reserve does not raise interest rates this week.

Fortune

Justin Sun and Lindsay Lohan among group charged by SEC with illegally shilling crypto

The charges are yet another chapter in the SEC's months-long post-FTX crypto crackdown.

Tribune News Service

States debate whether to restrict — or invite — crypto mining

SEATTLE — As cryptocurrency mining draws increased scrutiny on Capitol Hill in Washington, D.C., some state legislatures are considering proposals to restrict the industry over growing concerns about its energy use. Other states, though, are advancing bills to protect cryptocurrency miners from such crackdowns, citing the economic potential of hosting…

Capital & Main

Crypto Mining at Gas Wells Sparks Regulatory Headaches, Outcry in Northwestern Pennsylvania

Before obtaining the required permits, Diversified Energy began installing cryptocurrency mining infrastructure on one of its thousands of well pads.

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