One Of Malaysia’s Largest Investment Banks To Launch Bitcoin, Crypto Super App

Kenanga Investment Bank to partner with Ant Group to launch a super app housing all of its financial services including a bitcoin and crypto digital wallet.

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European Investment Bank taps blockchain for Climate Awareness Bond

The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve the environmental footprint of infrastructure.

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Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US

An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank Investment Banker Arrested and Charged for Defrauding Crypto Investors Rashawn Russell, a 27-year-old [...]

The post Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US appeared first on Crypto Breaking News.

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Former Banker Charged with Crypto Investment Fraud

Rashawn Russell, a former investment banker and registered broker, has been charged in federal court for defrauding investors with fake cryptocurrency investments and misappropriating funds to finance his lifestyle. (Read More)

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Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator

According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s portfolio of crypto assets falls “outside the legal business area of ​​financial institutions” and is in violation of the country’s Financial [...]

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FTX advisors billed the bankrupt firm for a whopping $103M in Q1

After Sullivan & Cromwell, consulting firm Alvarez & Marsal billed the second largest amount for its finance and accounting work.

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