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September 23, 2025Bitcoin.com logoBitcoin.com

FTX Recovery Trust Sues Genesis Digital Assets, Seeks $1.15B Clawback

FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers financed with commingled customer ￰0￱ Estate Sues Genesis Digital Assets The complaint, lodged Sept. 22, 2025, targets Genesis Digital Assets (GDA) entities and co-founders Rashit Makhat and Marco

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MEXC Apologizes After Wrongfully Freezing $3M From Crypto Whale ‘The White Whale’

MEXC Apologizes After Wrongfully Freezing $3M From Crypto Whale ‘The White Whale’

Crypto exchange MEXC has issued a public apology after freezing $3 million belonging to a well-known trader known as The White Whale, admitting it mishandled the case and releasing the funds following...

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1 min
‘Bitcoin Never Shuts Down’: U.S. Treasury Secretary Marks Anniversary, Needles Democrats

‘Bitcoin Never Shuts Down’: U.S. Treasury Secretary Marks Anniversary, Needles Democrats

Scott Bessent marked the white paper’s anniversary by lauding bitcoin’s resilience and contrasting it with Washington gridlock, rekindling debate over Treasury’s crypto stance.

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1 min
‘Do your homework’ – Coinbase shuts down claims of Trump-era favoritism

‘Do your homework’ – Coinbase shuts down claims of Trump-era favoritism

Coinbase points to contradictory SEC actions and court rulings, arguing regulatory hostility....

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1 min