This was the first case against JPEX, which operated in Hong Kong without a license.
This was the first case against JPEX, which operated in Hong Kong without a license.
As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.
The United States Treasury Department is taking an interest in stablecoins and tokenization.
Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse.