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The suit, filed in the District Court of the Southern District of California, alleges that Ronaldo “promoted, assisted in, and/or actively participated in the offer and sale of unregistered securities in coordination with Binance.”
November brought explosive gains for altcoins as a wide range of smaller cryptocurrencies outperformed bitcoin, prompting call for an altcoin season.
Tokens like GFY, TRUCK and GROK tied to Musk’s products and recent statements have popped up on Ethereum and other blockchains.
Crypto asset manager Grayscale has hired former Invesco Head of Americas John Hoffman to lead its distribution and partnerships team, six weeks before a decision is set to come out on whether the company will be allowed to launch a spot bitcoin [BTC] exchange-traded-fund (ETF).
The National Anti-Corruption Bureau of Ukraine has seized $1.5 million worth of cryptocurrency from Yuriy Shchigol, Ukraine’s former head of the State Special Communications Service, according to local news outlet RBC.
The North Korean hacker group stole the funds over the last six years, which was likely used to fund the country’s projects, the report said.
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
KuCoin Ventures’ funding will be allocated to five “mini-apps” on TON focusing on payments and gaming.
The suit was filed in September 2022 by Julian Moreno Beltran and Douglas Gan on behalf of 375 others, who claim they lost a combined $57 million.
Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.