Browsing Tag

withdrawal of funds

US government intervenes in Silicon Valley Bank

The Federal Deposit Insurance Corporation (CFSD) intervened this Friday in Silicon Valley Bank (SVB), a financial institution that concentrates a large number of clients among technological 'startups'. Customer withdrawals due to rumors…

Wallbit Pay closes operations in Venezuela

Clients of the Wallbit Pay crypto platform in Venezuela must withdraw their funds due to the closure of operations in the country as a result of the United States sanctions. From the platform, which allows transactions in fiat money and…

Judge urges Mark Karpeles to face fraud lawsuit

As ruled by United States District Judge Gary Feinerman, the former chief executive of the now-extinct Mt. Gox cryptocurrency exchange Mark Karpeles will face a lawsuit for alleged fraud filed in 2014. The court order issued this June 16,…