Rivals steadfast even as two Aussie crypto ETF providers bail
The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter. Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter, though some remain bullish about the market's prospects.In the last week, Australian crypto ETF providers including Holon Investments and Cosmos Asset Management have indicated they may be stepping back from the crypto ETF scene.On Nov. 6, Holon said it might close its three....
Related News
Mark Karpeles, CEO of now-defunct bitcoin exchange Mt Gox has been released on bail from a detention house in Tokyo, according to a local report. A news report by local Japanese media outlet news24 has revealed that Mt Gox CEO Mark Karpeles paid ¥10 million (approximately $95k) to be released on bail from a Tokyo detention house. Karpeles has been granted bail with the condition that he prohibited from leaving Japan. This developing story will be updated.
The Bail Project, Chicago Community Bond Fund and Nashville Community Bail Fund take cryptocurrency donations not just in BTC, but also ETH and even BAT.
A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be dropped, must be accepted within seven days. A Better Offer A new mystery investor has offered to bail out the collapsed crypto investment outfit, Africrypt, with $5 million, a report has said. However, investors have been given seven days to accept an offer that was made on December 3, 2021. As previously reported by Bitcoin.com News, another unknown investor had....
In what must have been the story of the 1st half of 2015, Mt. Gox faced closure and bankruptcy under the direction of Mark Karpeles following a long stint of halted cash withdrawals and the resulting lockdown of Bitcoin withdrawals. As such, it isn’t hard to imagine that he had been taken into police custody in the following months due to suspected embezzlement. According to News24 Karpeles is expected to have paid just under 90K USD or 10M Yen to the Tokyo District Court thus securing bail and has left police custody on the condition that he will not flee the country of Japan. Speculation....
BitInstant CEO Charlie Shrem has today been released on bail following a court appearance. Shrem appeared before the US District Court in Manhattan this morning, walking out shortly after on a $1m bond. The CEO was arrested at New York's John F Kennedy International Airport on Monday. He faces serious money laundering charges, brought by the US Attorney's Office in Manhattan. Shrem is anything but a free man at this point. Under the terms of the bail agreement, he will remain confined to his parents' home in Brooklyn. Assistant US attorney Serrin Turner opposed bail, arguing that Shrem has....