Upbit crypto exchange receives suspension notice in South Korea
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.
Upbit must respond to the FSC’s suspension notice by Jan. 20 or face restrictions on new registrations on the platform for six months.
South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump.
"You must ensure your staff cease and desist destruction of all materials and end retaliatory actions immediately," Lummis wrote.
The president-elect cannot officially nominate anyone until after he is inaugurated on Jan. 20, but the US Senate has been holding hearings to question his potential picks.
“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media.
“With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer.
“This bill is about protecting the hard-earned money of Oklahoma’s citizens,” Representative Cody Maynard said upon introducing the act.
Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act.
Due to a prior reimbursement plan from Bitfinex, many victims of the 2016 hack do not legally qualify as victims eligible for reimbursement.