In a significant legal development within the cryptocurrency industry, FTX, the now-defunct cryptocurrency exchange, has filed a lawsuit against Binance and its founder, Changpeng Zhao, seeking $1.8 billion in damages. The lawsuit, filed in the Delaware bankruptcy court, alleges that Zhao's actions, including misleading public statements, contributed to FTX's collapse by triggering a mass withdrawal of funds.
The origins of this legal battle trace back...
In an unexpected convergence of digital finance and local community events, the New York City honorary dog mayoral election has been embroiled in controversy due to the involvement of cryptocurrency enthusiasts. Supporters of a meme-based cryptocurrency, known as BERT coin, have allegedly influenced the election by offering financial incentives to voters in favor of Bertram the Pomeranian, a popular canine influencer. This incident underscores...