Crypto markets held Monday’s losses on Tuesday, the day after the SECGov sued crypto exchange binance on allegations of violating federal securities laws. LedesmaLyllah writes in First Mover Americas.
. During U.S. trading hours, net outflows hit $230 million after the SEC announced the suit. Seoul-based crypto analytics firm CryptoQuant pointed out that the withdrawals are well within historical norms.a mediation period between crypto lender Genesis and its creditors
at a Monday hearing as tensions flared over the role Genesis’ parent company, Digital Currency Group , would play in the lender's restructuring. The period, slated to end last month, will now conclude on June 16. Judge Lane appointed a mediator to steer talks between the insolvent lender and its creditors on May 1 after discussions between the parties broke down earlier this year.
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