Turkish watchdog stretches rules and allows crypto wallets to collect aid
A Turkish singer convinced the country's watchdog to allow three wallets to collect funds, even though the act isn't currently legal in Turkey.
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The global crypto market cap is $1.07 trillion with a 24-hour volume of $49.84 billion. The price of Bitcoin is $22,919.20 and BTC market dominance is 41.4%. The price of Ethereum is $1,632.54 and ETH market dominance is 18.7%. The best performing cryptoasset sector is AI, which gained 21%.
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Turkish watchdog stretches rules and allows crypto wallets to collect aid
A Turkish singer convinced the country's watchdog to allow three wallets to collect funds, even though the act isn't currently legal in Turkey.
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Ishan Wahi's lawyers argued that the assets involved in the case are not investment contracts and the SEC lacked congregational authorization to classify tokens as securities.
Layer1 CEO accuses founder of running it as his ‘own personal fiefdom’
The compliant also accuses founder Jakov Dolic and board member Tobias Ebel of "actively looting" the company.