The lawsuits against iFinex, which owns the two companies, seeks $1.4 trillion in damages over alleged market manipulations that led to the crypto winter of 2018.
The Securities and Exchange Commission issued an alert Tuesday, urging investors to proceed with caution before investing in IEOs through online trading platforms—which often tout themselves as exchanges—especially when those platforms are located overseas.
CME Group, one of the first regulated institutions to offer bitcoin futures, launched bitcoin options contracts today.
The alleged mastermind behind cryptocurrency exchange Bitfinex’s missing $850 million is poised to cop a plea. What Reginald Fowler is getting—or who he is giving up—remains to be seen.