Cryptocurrency Market Moves
Significant transactions and legal rulings impacting the cryptocurrency sector.
The latest.
BitMine, managed by Tom Lee, acquired 10.2 million dollars worth of ether directly from the Ethereum Foundation on 14 March. This transaction marks a significant movement of assets between the public foundation and a private institutional investor. The sale aims to bolster the foundation's operational budget while providing liquidity to a major crypto holder.
Updates
2 updatesBitMine Purchases $10.2 Million in ETH From Ethereum Foundation
BitMine, managed by Tom Lee, acquired 10.2 million dollars worth of ether directly from the Ethereum Foundation on 14 March. This transaction marks a significant movement of assets between the public foundation and a private institutional investor. The sale aims to bolster the foundation's operational budget while providing liquidity to a major crypto holder.
Judge Rejects RICO Claims in Pastor Alexandre Crypto Ponzi Suit
A federal judge dismissed RICO claims in a $750 million class-action lawsuit against Pastor Eddy Alexandre. Investors may amend their complaint within 30 days following the ruling in New York.
