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SEC takes aim at crypto hedge fund BKCoin for alleged $100M fraud

The U.S. Securities and Exchange Commission filed an emergency action to freeze and appoint a receiver for the assets of cryptocurrency-focused hedge fund BKCoin Management and co-founder Kevin Kang, according to a complaint unsealed Monday. The SEC's complaint accused Kang and his Miami-based fund…

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Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report

United States prosecutors are investigating hedge funds' relationships with cryptocurrency exchange Binance for money-laundering violations.According to anonymous sources cited by the Washington Post, the U.S. attorney’s office for the Western District of Washington in Seattle subpoenaed investment…

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Founders Of Defunct Crypto Hedge Fund Three Arrows Capital Subpoenaed Over Twitter

In a strange turn of events, the liquidators of Three Arrows Capital (3AC) have resorted to a rather unconventional avenue to subpoena the founders of the defunct crypto hedge fund. Teneo, the advisory firm appointed by a British Virgin Islands court to oversee 3AC’s liquidation, has delivered a su…

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What is Crypto Hedge Fund? How does crypto hedge funds work?

Crypto hedge funds are hedge funds that invest in cryptocurrencies and crypto based products. Some of these funds may invest exclusively in cryptocurrencies and digital currencies, while others combine cryptocurrencies with traditional asset types - individual stocks, products, derivatives, etc.

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What are the types of stable currency? Can a stable currency hedge inflation?

There are various types of stable coins, each of which adopts a mechanism to stabilize their value. Central Bank Digital Currency (CBDC) is an electronic version of fiat currency. The key difference between cryptocurrencies and CBDCs is that the latter is government supported and issued by a central bank. CBDCs are linked to the value of the issuing government. What are the types of stable coins?

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Popular Articles

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How much can mobile phone mining earn in 2022? What are the ways to make money from mobile mining?

How much can mobile phone mining earn in 2022? What are the ways to make money from mobile mining? In recent years, due to the popularity of virtual currency mining, many people have participated in it. However, the so-called virtual currency mining is a way to obtain digital currency, that is, to produce virtual currency. But now many mobile phones support mining. How much money can mobile phone mining earn in 2022?

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Crypto Community Unhappy As Celsius Users Doxxed In Latest 14,000 Page Bankruptcy Court Filing

Summary: The beleaguered crypto lender submitted 14,000 pages of transaction history to the bankruptcy court following an order common in such proceedings.Users

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EUR/USD Forecast: Euro could clear 1.0100 on a hawkish ECB surprise

EUR/USD has gone into a consolidation phase early Thursday after having reached its highest level since mid-September at around 1.0100 during the Asia

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ECB’s Lane: Wages will be the primary driver of inflation over the coming years

European Central Bank (ECB) Chief Economist Philip Lane said on Friday, “wages will be the primary driver of inflation over the coming years.” Key quo

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In the review of 2022, what has been experienced from NFT to innovation?

The year 2022 is coming to an end. Looking back on the ups and downs of the industry this year has become a historical footnote to the development of the industry, whether it is technological breakthrough, application innovation or ecological rise and fall. After two years of technology iteration and application innovation in 2020 and 2021, the development of the blockchain industry in 2022 also presents a different picture. This article will answer for you.

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