The U.S. Department of Justice has said in a Delaware bankruptcy court hearing that it has taken custody of $450 million in Robinhood shares from the collapsed cryptocurrency exchange FTX. The shares were purchased in May 2022 through a holding company called Emergent.
Nasdaq-listed cryptocurrency exchange Coinbase has reached a $100 million settlement with the New York Department of Financial Services following investigations into failures to scale its compliance program.
The U.S. Securities and Exchange Commission (SEC) has filed a limited objection to Binance.US’s proposed $1.02 billion purchase of the assets of bankrupt cryptocurrency lender Voyager.
Sponsored: B2BinPay, a crypto payment processing provider, has announced several updates to its platform and services to improve accessibility and affordability for businesses of all sizes.
Top stories in the Crypto Roundup today:
- DOJ Seizes Robinhood Shares From FTX
- Coinbase Reaches $100 Million Settlement Over Failure to Scale Compliance Program
- SEC Raises Concerns Over Binance.US’s $1 Billion Deal for Voyager Assets
- Crypto Spot Trading Volumes Dip to 2019 Levels
- Sponsored: B2BinPay Announces Modernized Website, Updated Pricing, New Tokens, and Merchant Models