Crypto

• Crypto industry wants Canada to embrace stablecoins, but concerns remain

  A key focus in the push is to bring more legitimacy to stablecoins, a type of crypto designed to keep a steady value by pegging it to a currency.

  Canada

  Jun 30
  
• $18M penalty handed to B.C. crypto platform owner who diverted clients’ cash

  The B.C. Securities Commission has imposed $18 million in sanctions on a cryptocurrency platform and its owner who diverted customers' assets to gambling and personal accounts.

  Dec 2, 2024
  
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• U.S. charges 4 crypto companies, 14 individuals with fraud

  Federal prosecutors in Boston charged the four firms and their leaders and employees in a case that also involved charges of people overseas.

  U.S. News

  Oct 9, 2024
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• Crypto firm fails in court bid to force BC Hydro to power it

  A cryptocurrency mining company has lost a bid to force BC Hydro to provide the vast amounts of power needed for its operations.

  Economy

  Feb 5, 2024
• Nova Scotians lost more than $750K to crypto fraud this year: securities commission

  The Nova Scotia Securities Commission has issued a warning to be vigilant when investing in crypto as people are losing 'substantial amounts of money to crypto-related scams.'

  Canada

  Dec 19, 2023
• Criminal use of cryptocurrency to keep growing, Canada’s Fintrac warns

  The agency, known as Fintrac, says the most prevalent form of money laundering involving virtual currencies is the movement of proceeds of fraud and ransomware attacks.

  Crime

  Dec 4, 2023
• After Sam Bankman-Fried’s conviction, will cryptocurrency regulation gain traction?

  Efforts to put guardrails on the cryptocurrency industry after the collapse of FTX and other exchanges last year have gone nowhere as lawmakers focus on other issues.

  Tech

  Nov 3, 2023
• Sam Bankman-Fried trial: What charges does he face over FTX’s collapse?

  Sam Bankman-Fried is set to go on trial on Tuesday on fraud and conspiracy charges related to the collapse of FTX, the now-bankrupt cryptocurrency exchange he founded and led.

  Money

  Oct 3, 2023
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• Former FTX exec says he illegally donated millions to Democrats, Republicans

  Ryan Salame, the former co-chief executive of FTX Digital Markets, is the fourth high-ranking official at the company or its affiliates to plead guilty to criminal charges.

  U.S. News

  Sep 7, 2023
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• FTX seeks to recoup over US$1B allegedly taken by Sam Bankman-Fried, others

  The lawsuit said the defendants continually misappropriated funds to finance luxury condominiums, political contributions and other "pet projects" while committing alleged fraud.

  Money

  Jul 20, 2023