News Explorer — Former Theta Labs Executives File Lawsuits Alleging CEO Engaged in Market Manipulation and Deception

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Dec 17, 4:55 am

Decrypt

Former Theta Labs Executives File Lawsuits Alleging CEO Engaged in Market Manipulation and Deception

Whistleblower lawsuits filed by former Theta Labs executives in California accuse CEO Mitch Liu of market manipulation and deception through inflated token prices and undisclosed insider sales. The complaints detail a pattern of self-dealing and fraudulent conduct within the blockchain company.

Whistleblower lawsuits filed by former Theta Labs executives in California accuse CEO Mitch Liu of market manipulation and deception through inflated token prices and undisclosed insider sales. The complaints detail a pattern of self-dealing and fraudulent conduct within the blockchain company.

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Dec 17, 4:55 am

Decrypt

Former Theta Labs Executives File Lawsuits Alleging CEO Engaged in Market Manipulation and Deception

Whistleblower lawsuits filed by former Theta Labs executives in California accuse CEO Mitch Liu of market manipulation a... Read Summary

Dec 16, 10:36 pm

Decrypt

Nomad Bridge Operator Reaches Settlement With FTC Over $186M Hack in 2022

The FTC proposed a settlement with Illusory Systems Inc., the operator of the Nomad cryptocurrency bridge, following a 2... Read Summary

Dec 16, 10:21 pm

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Bitcoin Treasury KindlyMD Risks Nasdaq Delisting as Stock Price Craters

KindlyMD, a Bitcoin treasury company, faces delisting from Nasdaq due to its shares consistently closing below $1. The c... Read Summary

Dec 16, 9:56 pm

Decrypt

Trump 'Open' to Democrats at SEC, CFTC in Possible Boon to Crypto Market Structure Bill

President Trump expressed openness to nominating Democrat commissioners to vacancies at the SEC and CFTC, potentially ai... Read Summary

Dec 16, 4:51 pm

Decrypt

Social Media Influencers in Hong Kong Face Charges for Promoting JPEX Amid $206 Million in Losses

The JPEX fraud case in Hong Kong has been adjourned until next year to allow prosecutors to organize case files. Social... Read Summary

Dec 16, 4:29 pm

Coindesk

FDIC Opens Public Comment Period for Rule Proposal on Handling Stablecoin Issuer Applications

The FDIC has initiated a 60-day public comment period for its rule proposal on handling stablecoin issuer applications f... Read Summary

Dec 16, 4:13 pm

Decrypt

Visa Expands Stablecoin Pilot to Include US Settlements via Solana

Visa is expanding its stablecoin pilot to include settlements in the U.S. using Circle's USDC on the Solana blockchain,... Read Summary

Dec 16, 2:42 pm

Protos

Pudgy Penguins Says It'll Be on Las Vegas Sphere Following Dogwifhat's Failed Attempt

Despite securing a $500,000 ad deal with the Las Vegas Sphere, Pudgy Penguins' PENGU token is down 85%. The token's pric... Read Summary

Dec 16, 3:17 pm

Coindesk

Brazil's First Blockchain-Recorded Public Auction Aims to Boost Transparency, Minimize Disputes

The Court of Auditors of the State of São Paulo will conduct Brazil's first public auction using blockchain technology t... Read Summary

Dec 16, 2:46 pm

Decrypt

Bitcoin and Ethereum ETFs Bleed Out as Institutions Pull Back

Bitcoin and Ethereum spot ETFs experienced significant outflows totaling $582.4 million on Monday, attributed to institu... Read Summary

Dec 16, 2:41 pm

DL News

South Korean Government Gave $15 Million in Debt Relief to Crypto Traders

The South Korean government provided $15 million in debt relief to 269 individual crypto traders from a fund meant for s... Read Summary

Dec 16, 2:35 pm

Coindesk

Bitwise Says the Bitcoin 4-Year Cycle Will Die in 2026

Bitwise predicts a shift in the bitcoin market dynamics for 2026, with the asset maturing and institutional investment i... Read Summary

Dec 16, 2:29 pm

Coindesk

UK Crypto Ownership Declined, But Remaining Investors Hold Larger Amounts

The U.K. saw a decrease in the number of people holding crypto from 7 million to 4.5 million, but those who still invest... Read Summary

Dec 16, 2:00 pm

Coindesk

RedotPay Secures $107 Million to Power Stablecoin Payments

RedotPay, a Hong Kong-based fintech, raised $107 million in a Series B round to expand stablecoin-powered payments globa... Read Summary

Dec 16, 1:22 pm

DL News

Circle's Acquisition of Interop Labs Without Including the AXL Token Has Upset Axelar Investors

Investors in Axelar are expressing discontent after Circle's acquisition of Interop Labs, excluding the network and the... Read Summary