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Jun 22, 2023 10:30

Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty

On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition A fortnight prior, Bitgo announced its intention to acquire Nevada-based crypto [...]

The post Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty appeared first on Crypto Breaking News.

May 18, 2023 05:55

Binance Australia suspends AUD fiat services, citing issues with third party

Cryptocurrency exchange Binance Australia has informed users it has suspended Australian dollar services as its local payment services provider has seemingly stopped support for the exchange. On May 18, Binance Australia tweeted that AUD PayID deposits were suspended and bank transfer withdrawals will also be impacted “due to a decision made by our third-party payment [...]

The post Binance Australia suspends AUD fiat services, citing issues with third party appeared first on Crypto Breaking News.

Jun 17, 2023 10:30

5 Charges Temporarily Suspended in FTX Co-Founder Sam Bankman-Fried’s Legal Battle

The U.S. Department of Justice (DOJ) and federal prosecutors in New York have opted to temporarily suspend five charges against the beleaguered FTX co-founder Sam Bankman-Fried (SBF). Nevertheless, these five charges have been “severed” and deferred until 2024, potentially leaving SBF’s legal team to juggle two cases in the future. 5 Counts Against SBF Severed [...]

The post 5 Charges Temporarily Suspended in FTX Co-Founder Sam Bankman-Fried’s Legal Battle appeared first on Crypto Breaking News.

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