The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others are intentionally avoiding payment. Australian Tax Office Targets 1.2 Million Cryptocurrency Users The Australian […]
The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $ 5.3 billion as part of the final judgment against the two defendants. This sum includes $ 4,192,147,847 in disgorgement and $ 545,748,909 in prejudgment interest. SEC Seeks Final Judgment Against …
Paradigm, one of the largest venture capital firms in the crypto space, is gearing up to reenter the crypto VC arena. According to reports, the firm is in talks with third parties to launch a $ 750 – $ 850 million crypto-focused investment fund, the largest since its previous $ 2.5 billion …
A London woman has been convicted for money laundering, having been found with over $ 4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $ 2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented. The activation of a …
Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $ 100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders Continue The cryptocurrency mining firm Bitdeer Technologies Group is …