BitMEX ordered to pay $100m fine for violation of U.S. banking laws

Crypto exchange BitMEX has been ordered to pay a $100 million penalty for violating U.S. banking laws. A federal judge ordered HDR Global Trading Limited, BitMEX’s parent company, to pay the penalty along with a two-year unsupervised probation sentence. In a ruling on Wednesday, January 15, 2025, U.S. District Court Judge John Koeltl, of the […]
ChillGuy Meme coin down 45% amid IP Rights Violation by team

The Chill Guy meme coin dropped over 45% in just 30 minutes after it came out that the project does not have any intellectual property rights to the original Chill Guy meme. Philip Bankss, the creator of the Chill Guy meme, has not granted licensing and IP rights to the Chill Guy crypto team. This […]