Locked Away
From teen DeFi heroes to SEC villains. How Rari Capital suffered two devastating hacks, got charged with fraud, and vanished - leaving a graveyard of frozen funds and a lesson in what happens when code meets hubris.
From teen DeFi heroes to SEC villains. How Rari Capital suffered two devastating hacks, got charged with fraud, and vanished - leaving a graveyard of frozen funds and a lesson in what happens when code meets hubris.
The recent assault on crypto has some fighting back, but some are running scared too. As the crypto market expands, U.S. agencies like the SEC, DOJ, and Treasury are cracking down on the industry with a regulations blitz, setting their sights on major crypto players.
A fitting regulator for our circus of an industry. Yesterday, the SEC’s official Twitter account was compromised, announcing the approval of Bitcoin ETFs. Will the SEC investigate itself?
The vultures are circling. 2021’s bull market saw crypto gain mainstream attention, turning old money from sceptics into scavengers. Now, with crypto vulnerable, instinct tells them to strike.
Gary Gensler has come out swinging. On Monday, the SEC levelled charges at Binance and CZ. The following day, it was Coinbase’s turn. This time, the gloves are off, but the stakes are higher than ever.