The platform was charging investors “exorbitant and undisclosed fees," with one user charged a total of $51,000 over just 13 months, according to the New York attorney general. Source …
Ripple case: SEC Hinman docs could become public by June 6, lawyer says
The infamous Hinman Speech docs are required to be unsealed by June 6, according to a previous court order, defense attorney James K. Filan says. Source …
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Celsius adds over 428K stETH to Lido’s lengthening withdrawal queue
The bankrupt crypto lender wants its huge stash of staked Ether back, but it could be in for a wait. Source …
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Optimism’s major mainnet upgrade to Bedrock set for June 6
The much needed upgrade will provide a number of improvements across the network, and come at a time when competition in the Layer 2 space has been heating up. Source …
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Zimbabwe sells millions of gold-backed crypto tokens despite IMF warning
The Reserve Bank of Zimbabwe’s first gold-backed cryptocurrency sale has been a success. Source …
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NBCUniversal veteran will replace Elon Musk as Twitter CEO
Elon Musk announced his departure as Twitter CEO on May 11, suggesting his replacement would be a woman who would take over within roughly six weeks. Source …
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Binance.US seeking ways to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Source …
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