Amber Group, a struggling crypto trading firm, owes around $130 million to troubled crypto lender Vauld's CEO Darshan Bathija. In July, Vauld mentioned in its affidavit that it has a loan receivable worth around $130 million net from an unnamed "Counterparty 1" and that counterparty is Amber, a sour...
Coinbase has called on users to convert their Tether stablecoins to the stablecoin it cofounded, USD Coin — while waiving fees for doing so. "Now more than ever, stability and trust are of the utmost importance to customers," the crypto exchange said in an official blog post, adding that the ability...
Former FTX CEO Sam Bankman-Fried and his attorney did not respond to the Senate Banking Committee's demand that he testify or otherwise cooperate with an investigation into his failed corporate empire.  “Sam Bankman-Fried’s counsel did not respond by the stated deadline. We believe it’s important th...

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