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The U.S. Securities and Exchange Commission has charged Danh C. Vo, founder and CEO of bitcoin mining company VBit Technologies Corp., with defrauding investors out of $48.5 million.  According to the SEC, Vo misused the funds for gambling, cryptocurrency purchases, and gifts to family members, while misleading investors about the operations of his business. The complaint, filed in the U.S. District Court for the District of Delaware, alleges Vo raised over $95.6 million from approximately 6,400 investors between December 2018 and February 2022.  He sold “hosting agreements,” which promised investors a share of profits from bitcoin mining rigs operated by…

Bybit says it is returning to the United Kingdom after a two‑year pause with a new UK platform offering spot trading on 100 pairs and a peer‑to‑peer venue. The Dubai‑based exchange shut off local UK customers in late 2023 when the Financial Conduct Authority’s (FCA) tougher financial promotion rules kicked in. According to a press release shared with Cointelegraph, the service is being rolled out under a promotions arrangement approved by Archax, an FCA‑authorized firm, rather than via Bybit’s own registration or authorization in the UK.Tailored UK products “transparent” and “compliant”Bybit pitches the reboot as a way to comply with a…

The administrator of Terraform Labs’ bankruptcy, Todd Snyder, has filed a lawsuit seeking $4 billion in damages from trading company Jump Trading and multiple executives.According to a Friday Wall Street Journal report, the lawsuit alleges that Jump Trading unlawfully profited from and contributed to the 2022 crash of Terra. Alongside the company, the suit is also aimed at its co-founder, William DiSomma, and the former president of the crypto trading department, Kanav Kariya.Terraform Labs and the Terra blockchain ecosystem collapsed in 2022 when its native algorithmic stablecoin, TerraUSD (UST), lost its peg to the US dollar. The stablecoin was backed…

Bitcoin may have ended its historical four-year cycle, signaling an incoming year of downside, despite widespread analyst expectations for an extended cycle driven by regulatory tailwinds.Bitcoin’s (BTC) $125,000 all-time high on Oct. 6 may have signaled the top of the current four-year Bitcoin halving cycle, both in terms of “price and time,” according to Jurrien Timmer, the director of global macroeconomic research at asset management firm Fidelity.“While I remain a secular bull on Bitcoin, my concern is that Bitcoin may well have ended another 4-year cycle halving phase,” wrote Timmer in a Thursday X post. “Bitcoin winters have lasted about…

Custodia Bank, a crypto‑focused bank founded by Bitcoin advocate Caitlin Long, is doubling down on efforts to obtain a master account at the US Federal Reserve by filing a new petition in the United States Court of Appeals for the Tenth Circuit.On Monday, the Wyoming-chartered company filed a petition asking all active judges of the Tenth Circuit to reconsider its October decision upholding the Federal Reserve’s denial of a master account for Custodia.Through the petition, formally termed a “rehearing en banc,” Custodia argued that the panel had misread the Monetary Control Act, which it asserts entitles any eligible bank to…

Wyoming-based crypto bank Custodia filed a new petition in its long-running legal battle against the Federal Reserve for access to a master account, requesting a rehearing en banc before the full Tenth Circuit Court of Appeals.Custodia Bank is asking the court to reconsider its October ruling that sided with the Fed in denying the bank access to core central bank payment services, in a fight that has become a pacesetter for crypto banking access to the U.S. payments system.In the petition for rehearing en banc filed on Dec. 15, Custodia is urging all active judges on the court, not just…

On December 16, 2025, the cryptocurrency MYX made headlines by crossing the $3.5 mark, a notable threshold for traders. This development has sparked discussions in the financial markets regarding whether the price surge is due to a temporary short squeeze or a more fundamental shift in market dynamics. Understanding these underlying causes is crucial for investors and analysts, who are keen to decipher the implications for future trading strategies and market behavior. The rally in MYX’s price is of considerable interest to market observers, primarily because it raises questions about the sustainability of such gains and their potential impact on…

Lucky Train has unveiled its web3 gaming platform on the TON blockchain where a process similar to staking is presented as an exciting train journey.  In Lucky Train, participation follows the metaphor of a train journey. First, a user purchases a ticket with predefined terms. Next, they “board the train,” locking their tokens for the duration of the ride. Finally, once the ride ends, the user receives a reward. The entire experience is delivered through a Telegram Mini App and operates fully on-chain, ensuring transparency and predictability. At the core of the system is TrainCoin, the project’s utility token. It…

XRP drops below key support at $1.93 as volume spikes. Analysts warn of a move toward $1, with whale selling and bearish signals increasing. XRP has come under pressure after slipping below key support levels. The recent drop adds to ongoing concerns about a deeper correction toward the $1 area. Analysts are watching current price action as volume rises and technical indicators weaken. Breakdown Signals and Volume Spike XRP is trading around $1.88 after falling through the $1.93 support zone, which now acts as resistance. The move comes with a nearly 6% drop over 24 hours and a weekly loss…

Grayscale’s Chainlink ETF has seen zero outflows since its debut, amassing $54.69 million in net inflows. Whale accumulation has also remained consistently strong.Despite these bullish indicators, LINK’s price continues to decline. Analysts now point to several upcoming catalysts that could support the altcoin’s growth.Sponsored Chainlink ETF Garners Sustained Institutional AttentionBeInCrypto previously reported that the first-ever spot Chainlink ETF launched on December 2 on NYSE Arca. On its debut day, the fund recorded $37.05 million in inflows. Since then, it has not experienced a single outflow, although it recorded zero netflows on three separate trading days.According to data from SoSoValue, the…