The timing of the transfers raises suspicions within the crypto community, especially since Sam Bankman-Fried's first criminal trial is scheduled for Oct. 4.
The SEC included the conversation between Kwon and Shin in the documents filed in court as part of its efforts to depose the TFL CEO in the United States.
He will be held in prison for four months, and while there, liquidators will engage him in an investigation related to the failed crypto hedge fund, which will reportedly include the recovery of assets that belong to the business or were acquired using its funds.
The major Wall Street regulator charged international accounting firm Prager Metis with violating auditor independence rules as well as "aiding and abetting" its clients for violating federal securities laws.
The collapse of cryptocurrency platform FTX, whose disgraced former boss goes on trial this week, sparked shock waves worldwide, with regulators still seeking to get to grips with the sector.
Four patent applications filed this month underlined PayPal's interest in layer-2 and non-fungible tokens.
The positive price movement could be attributed to the anticipation surrounding the Ethereum Futures ETF applications, which according to analysts, could launch as early as next week.
Bankman-Fried is currently facing seven counts of fraud and conspiracy related to the collapse of the crypto empire he founded. His criminal trial will begin on Oct. 4.
Data collated by 21.co, the parent company of 21Shares, from blockchain ecosystem analytics Dune highlighted that wallet addresses linked to Lazarus Group currently hold approximately $46.14 million in digital assets.
He was the face of cryptocurrency, and a young one at that -- a media darling seemingly destined to unite the sector.
Sam Bankman-Fried, once the most respected face of crypto currency, goes on trial Tuesday in federal court facing seven counts of fraud that could see him spend decades in prison.
While Sun confirmed that HTX, formerly Huobi, lost $8 million due to a hack, he noted the sum represents just two weeks' worth of the exchange's revenue.
Kraken's EMI license allows the exchange, in partnership with European banks, to offer its EUR fiat services to 27 EU member states and EEA countries.
Industry analysts made a positive prediction on the approval of Ethereum ETFs and have upped the odds of the likelihood of the U.S. having its first ETH futures ETF in early October.
Kwon's legal team said that the SEC's request to question the TFL co-founder in the U.S. before Oct. 13 is impossible because he is currently detained in Montenegro without any scheduled release or date of extradition.
The CEO of Cake DeFi claimed Tether had restricted certain Singapore-based customers from redeeming the stablecoin due to altered terms of service, though this policy change had been in effect since 2020.
Cryptocurrency firm Binance said on Wednesday it was selling its Russia business, months after reports suggested US authorities were investigating possible sanctions violations.
The price of Bitcoin immediately dropped following the announcement by the SEC.
The judge's decision was a part of a series of his rulings in a 16-page pretrial order Tuesday where he formalized the evidence admissible in court during Bankman-Fried's fraud trial next month.
With BONE now more decentralized, will Binance finally list the gas fee token of Shibarium? The Shib Army is hopeful that Binance might list the crypto asset on its platform, which is a positive development that could fuel up the price of the gas fee token.
Treasury's Office of Foreign Assets Control identified Castro as the operator of a money laundering organization that utilizes digital currencies and wire transfers to move funds to Sinaloa Cartel leaders.
Aside from support for the crypto wallet and its possible integration in the gaming console, no other details have been revealed.
Huobi, now called HTX, lost 5,000 ETH equivalent to around $8 million over the weekend, but Sun said it is "relatively small" compared to the assets its users are currently holding.
Buterin has been making headlines over the past few weeks not just for his statements related to the cryptocurrency industry but also because of the series of transfers he made.
The arrest, which was partially captured on social media, took place while the YouTuber was on his way to confront an individual named Carlos Diaz, whom he accused of stealing his Lamborghini.
The company is investigating the hack and plans to resume service after fixes.
Coinbase's Bitcoin holdings have surged to $25 billion, accounting for nearly 5% of all Bitcoin in circulation.
Despite the prevailing price of Bitcoin as of Monday, MicroStrategy is currently facing an unrealized loss of approximately $548,717,702.40 for its BTC holdings.
In the months since his empire collapsed, Bankman-Fried has been throwing Caroline Ellison under the bus.
The lawsuit, filed last week in the United States Bankruptcy Court for the District of Delaware, alleged that Salameda was actually controlled by Bankman-Fried and the defendants took part in the fraudulent withdrawal of assets from FTX in the days leading to the filing of Chapter 11 bankruptcy in November 2022.
