Another exciting week in the crypto space is coming to an end. The most important events around Bitcoin, Ethereum and Co. at a glance.
Binance: the crypto exchange integrates other payment options
Just in time for the start of the year, the world’s largest crypto exchange announces that it will offer new payment options to its users.
It should now be possible to buy cryptocurrency via Google and Apple Pay in the Binance app. It is estimated that around 70 million people worldwide use one of two mobile payment options.
You can read everything else here: Binance integrates Apple and Google Pay
Celsius: Insolvent loan service seeks extension of deadline
A double-edged sword: Insolvent crypto credit provider Celsius intends to seek an extension of time. This would give account holders more time to file any proof of claim.
However, criticism is now coming from some of those affected. On the other hand, an extension of the deadline would also ensure that the wait for compensation would be even longer.
All information can be found here: Celsius – The long wait for compensation could be even longer
Gemini: investors take legal action
Gemini and the Winklevoss founding twins are facing accusations from investors. With the Gemini Earn product, users could deposit their cryptocurrencies to earn interest.
However, Genesis, a struggling company responsible for this product, had to stop its payments following the collapse of FTX. The plaintiffs now accuse Gemini and the Winklevoss twins of fraud and violation of the so-called Exchange Act.
You can read more about it here: Crypto exchange Gemini and founders sued by investors
SEC against Ripple: the authority wants to keep the key document secret
There is news in the legal dispute between Ripple and the United States Securities and Exchange Commission. Consequently, the authority requested that certain documents be kept under lock and key.
Among them, the “Hinman speech” is said to be considered a key document. In it, the former SEC Chief Financial Officer said that the Ethereum cryptocurrency should not be considered a security.
Everything else in this article: Hinman documents must remain locked up
Bankruptcy of FTX: the ex-CEO of Alameda testifies in court
The FTX case does not find peace: While Sam Bankman-Fried was extradited to the USA and is now under house arrest, the former boss of the Alameda Research company involved in FTX has spoken.
In court, Caroline Ellison admitted that she provided Alameda lenders with “materially misleading financial reports” in collusion with Bankman-Fried. She knew it was illegal.
Read more details in this article: Caroline Ellison: “I knew it was wrong”
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