Updated Trading News

Celsius cofounder accused of defrauding investors in New York attorney general's lawsuit
Celsius cofounder accused of defrauding investors in New York attorney general's lawsuit

The suit seeks to ban Mashinsky from conducting any future business in New York State as well as force him to make restitution to customers.

Sam Bankman-Fried's $470 million Robinhood stake is set to be seized by US authorities, attorney says
Sam Bankman-Fried's $470 million Robinhood stake is set to be seized by US authorities, attorney says

The now-disgraced FTX founder pleaded not guilty to fraud and money laundering charges in a US court Tuesday.

Crypto-Lending Dumpster Fire Rages On
Crypto-Lending Dumpster Fire Rages On

Welcome to Bloomberg Crypto, our twice-weekly look at Bitcoin, blockchain and more. In today’s edition, Michael P. Regan sums up a rocky new year so far for crypto lenders and lenders to crypto:

As pressure builds, crypto firm Genesis cuts 30% of workforce
As pressure builds, crypto firm Genesis cuts 30% of workforce

Several firms have suffered from waning investor appetite for crypto after major exchange FTX blew up late last year.

Silvergate's Plunge Spells Trouble for Crypto Stocks
Silvergate's Plunge Spells Trouble for Crypto Stocks

The broader stock market was mixed waiting for signs of how the economy will fare in 2023.

“MasquerAds” – Google’s Ad-Words Abused by Threat Actors
“MasquerAds” – Google’s Ad-Words Abused by Threat Actors

A newly uncovered technique to abuse Google’s ad-words powerful advertisement platform is spreading rogue promoted search results in mass. Pointing to allegedly credible advertisement sites that are…

Why Shares of Silvergate Capital Crashed Hard Today
Why Shares of Silvergate Capital Crashed Hard Today

The crypto bank provided a preliminary update on its fourth-quarter results.

This Crypto Will Be the Solana of 2023
This Crypto Will Be the Solana of 2023

Will the Aptos token ever live up to its hype?

Politics and business
Politics and business

The world this week

Coinbase Fined $100 Million by NY Regulators
Coinbase Fined $100 Million by NY Regulators

Coinbase touts itself as "the most trusted crypto exchange," but nowadays that's a little like being the most relatable Kardashian. No one is...

Hong Kong Crypto Mogul Aims to Raise $1 Billion for Web3 Fund
Hong Kong Crypto Mogul Aims to Raise $1 Billion for Web3 Fund

(Bloomberg) -- Animoca Brands Corp. is looking to raise about $1 billion this quarter for its new Web3 and metaverse investment fund, sharply scaling back...

Celsius Founder Mashinsky Hit With Fraud Suit By New York State
Celsius Founder Mashinsky Hit With Fraud Suit By New York State

Complaint alleges crypto lender promised safety but turned to risky assets as it grew.

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