Indian Crypto Exchange CoinDCX Denies Moving User Funds After WazirX Allegations

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Crypto News

“Please don’t fall for misinformation,” Indian crypto exchange CoinDCX’s Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved user funds to non-compliant entities in Lithuania. The allegation was reportedly made by another Indian exchange, WazirX, which has been under scrutiny since last year’s $230 million hack. In an affidavit filed as […]

Coinbase (COIN) Probed by SEC Over User Number Misstatement Concern

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Crypto News

The SEC has been investigating crypto exchange Coinbase (COIN) over whether it misstated its user numbers in past securities filings and marketing materials. The probe began under the former presidential administration while the SEC was still under the control of then-Chair Gary Gensler, according to the NYT, which first reported the story, but has persisted […]

Coinbase Leaps Into Supreme Court Case in Defense of User Data Going to IRS

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Crypto News

Coinbase (COIN) filed a brief in the U.S. Supreme Court case involving an Internal Revenue Service request for data on hundreds of thousands of its customers back in 2016, arguing the court should “protect Americans’ privacy interests in digital information stored by third-party service providers.” The U.S. tax agency — in an action during the […]