| Yield platform Stablegains sued for promoting UST: Finance Redefined | | https://bitcoinmag.eu/yield-platform-stablegains-sued-for-promoting-ust-finance-redefined/Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The backlash from the Terra implosion still haunts the crypto world, with the now-shuttered stablecoin yield platform Stablegains being sued for customer losses. The plaintiffs allege that the platform […]The post https://bitcoinmag.eu/yield-platform-stablegains-sued-for-promoting-ust-finance-redefined/ appeared first on Bitcoinmag. | | | | Russian Banks Are Evading Sanctions Through Huobi And KuCoin | | https://bitcoinmag.eu/russian-banks-are-evading-sanctions-through-huobi-and-kucoin/Huobi and KuCoin are reportedly processing transactions tied to sanctioned Russian banks. Customers are able to trade on the crypto exchanges using debit issued by the sanctioned banks. Tether is reportedly used by both exchanges to cater to the crypto needs of sanctioned Russian banks. Russian nationals are also using Binance to convert local currency […]The post https://bitcoinmag.eu/russian-banks-are-evading-sanctions-through-huobi-and-kucoin/ appeared first on Bitcoinmag. | | | | Binance en de DEA onderscheppen $1,8 miljoen aan drugsgeld in crypto | | In 2022 onderschepte Binance samen met de Drug Enforcement Agency (DEA), de Amerikaanse drugshandhavingsinstantie, 1,8 miljoen dollar aan drugsgeld, blijkt uit gerechtelijke documenten. De geldlijn die gebruik maakte van Binance behoorde toe aan een Mexicaans drugskartel actief in de Amerikaanse staat Michigan. De crypto exchange werd door het kartel gebruikt om drugsopbrengsten om te zetten […] | | | |