The investigation in Crypto.com has been closed officially by the US Securities and Exchange Commission, with no action taken against the exchange, according to the firm’s CEO, Kris Marszalek.
In a post on X on March 27, Marszalek said,
”They used every tool available to attempt to stifle us, restricting access to banking, auditors, investors, and beyond. It was a calculated attempt to put an end to the industry.”
”The fact that we not only persevered but became stronger is a testament to our vision and the community supporting it. Onwards!”
According to Cointelegraph, it comes seven months after the SEC issued a Wells notice to the crypto platform in August, which signaled its intention to take legal action against the firm.
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Nick Lundgren, Crypto.com’s chief legal officer, said in a statement on March 27, that “w
e are pleased that the current SEC leadership has made the decision to close its investigation into Crypto.com,”
Darkweb actors claim to have over 100K of Gemini, Binance user info
According to Cointelegraph, Darkweb threat actors claim that they have hundreds of thousands of user records which include names, passwords and location data of Gemini and Binance users, putting the apparent lists up for sale on the internet.
In a March 27 blogoost, the Dark Web Informer, a Darkweb cyber news site, said it is from a threat actor operating under the handle AKM69, who purportedly has an extensive list of private user information from users of crypto exchange Gemini.
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The Dark Web Informer said, “the database for sale reportedly includes 100,000 records, each containing full names, emails, phone numbers, and location data of individuals from the United States and a few entries from Singapore and the UK.”
Gemini didn’t immediately respond to Cointelegraph’s request for comment.
Tether acquires 30 per cent stake in Italian media company Be Water
Tether, a major stablecoin issuer, invested 10 million euros ($10.8 million) in Italian media company Be Water.
Tether acquired a 30.4 per cent stake in Rome-based Media Water, according to a March 27 announcement. Paolo Ardoino, the CEO of Tether said the company recognized “the importance of independent media in shaping informed societies.”
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“Our investment in Be Water aligns with our vision to support technology-driven innovation across industries,” Ardoino added.
According to its LinkedIn page, Be Water is an Italian producer and distributor of films, documentaries and series that address modern social issues as well as journalism.
