FTX Files $953 Million Lawsuit Against ByBit Exchange – Details

FTX Files $953 Million Lawsuit Against ByBit Exchange – Details

Insolvent FTX exchange has laid serious allegations against rival crypto exchange, ByBit, filing a $953 million lawsuit against the Dubai-headquartered exchange on Friday in a court in Delaware, United States.  FTX had stated that Mirana, an investment arm of ByBit, had been an avid user of the FTX crypto exchange for years and had an […]


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$5.7M Bybit Crypto Scam Lands Ex-Employee Nearly 10 Years in Prison—Details

A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million. Related Reading: US SEC Launches New Unit To Protect […]

SEC Files Lawsuit Against FTX Auditor – Details

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Prager Metis, an accounting firm that had dealings with the bankrupt FTX crypto exchange. This development comes as the trial of FTX co-founder and former CEO Sam Bankman-Fried looms on the horizon. SEC Accuses Prager Metis Of Auditor Independence Violation In a statement […]

Bybit Returns To UK’s Crypto Scene Following 2023 Exit — Details

Cryptocurrency exchange ByBit has announced that it is relaunching a crypto platform in the United Kingdom two years after pausing its operations. The Dubai-based firm wound down its services in late 2023 as the UK’s Financial Conduct Authority (FCA) imposed stricter financial promotion regulations.  Bybit To Offer 100 Spot Trading Pairs To UK Users In […]

ByBit: Exciting Welcome Rewards of up to $20 BTC Await

Looking to kick start a crypto journey? It’s never too late to sign up for a Bybit account to join a global community of traders. Not only does ByBit offer beginner-friendly products and services, but a person can also earn up to $20 worth of BTC when they register and complete tasks on Bybit. Bybit Evergreen Campaign Sounds like a good deal? No doubt it is. Here’s the steps to follow: Step 1: Register for an account on Bybit Step 2: Verify identity via KYC Level 1 Step 3: Make a first-time deposit or trade....

Crypto Exchange Coinbase Files Amicus Brief to Support Ripple in SEC Lawsuit ...

Cryptocurrency exchange Coinbase has filed an amicus brief in support of Ripple Labs in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Coinbase’s support is seen as a significant step in the case given that the crypto exchange was among the first trading platforms to delist xrp following the SEC lawsuit. Coinbase Supports Ripple Against SEC The Nasdaq-listed cryptocurrency exchange Coinbase filed an amicus brief on Tuesday in support of Ripple Labs against the U.S. Securities and Exchange Commission (SEC). The regulator sued Ripple, its CEO Brad Garlinghouse,....