The Fate of NFTs Hinges on its First ‘Insider Trading’ Case
The US government brought criminal charges against a former OpenSea employee for flipping NFTs on alleged inside information. This week, his trial continues, but the ruling could ripple across the entire industry as the government looks to set an example.
Meme Coin Mania: Is anyone actually getting rich from Pepe?
Coins like Pepe and Baby Doge are leading a meme coin rally as Uniswap trading activity surges past its previous all time highs. But while new millionaires are being minted on paper, there might not be enough liquidity for the whales to cash out. Why is crypto so obsessed with meme coins anyway?!
The f#$k is going on at Binance?
Binance and its elusive founder are facing a ton of legal pressure from the SEC, CFTC, and the Justice Department on multiple fronts. The agencies are digging for evidence of money laundering and fraud. It seems like they have the goods. Internal texts show employees at the company not only knew about what was going on, they joked about it. Its leader Changpeng "CZ" Zhao, the guy who took down SBF and FTX, recently hired some of the best criminal attorneys money can buy. The building pressure could cause a mass panic — $2 billion was withdrawn from the exchange in just 7 days earlier this month. What happens if Binance goes down? Coinage looks at the case against Binance and puts a magnifying glass on its elusive founder CZ.