First Mover Americas: New York AG Sues Gemini, DCG, Genesis
The latest price moves in crypto markets in context for Oct. 19, 2023.
Gemini, Genesis, DCG Sued by New York Attorney General for Allegedly Defrauding Investors
The lawsuit alleges that Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Sam Bankman-Fried’s Alameda, but did not reveal this information to investors.
Bitcoin ETF Rumor Had a Silver Lining and It’s Apparent in the Crypto Options Market
The bitcoin options market has flipped bullish across different timeframes since Monday’s erroneous ETF report.
Judge Kaplan’s Ire Hits All Lawyers in the Sam Bankman-Fried Case
“This is a joke,” the judge told the attorneys after a bizarre bit of testimony.
DAO-Builder SuperDao Shuts Shop, Returns Investor Money
The all-in-one DAO raised $10.5 million in 2021, leftover funds will be returned to investors.
Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show
Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.
Coinbase Picks Ireland as EU Hub
Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license.
Can You Use Crypto YouTube Channels to Time the Market? Yes, Says Delphi
Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends.
German Regulator Warns Consumers About MEXC’s Crypto Custody
The Federal Financial Supervisory Authority warned consumers that the MEXC exchange has been offering financial services without authorisation to do so.
The Crypto Winter May Be Over: Morgan Stanley Wealth Management
Most of bitcoin’s gains come directly after the halving, and the next such event is expected in April 2024, the firm said.