ChainCatcher news, according to Globenewswire, the NYSE-listed company Genius Group announced that it has filed a lawsuit against LZGI International, Inc (LZGI) and its two executives Peter Ritz and Michael Moe in the Southern District of Florida under the U.S. Racketeer Influenced and Corrupt Organizations Act (RICO), seeking $450 million in damages.Previous news, the New York District Court has prohibited Genius Group from selling stock to raise funds to purchase Bitcoin.

ChainCatcher news, according to GlobeNewswire, the NYSE-listed company Genius Group announced that the U.S. District Court for the Southern District of New York (SDNY) has prohibited the company from selling stock to raise funds and has also prohibited the use of investor funds to purchase Bitcoin, thus forcing it to sell the Bitcoin in its treasury.It is reported that on October 30, 2024, Genius initiated arbitration to terminate the asset purchase agreement with Fatbrain AI (LZGI). LZGI shareholders filed a lawsuit against LZGI and its executives Michael Moe and Peter Ritz. However, on February 14 of this year, Michael Moe and Peter Ritz applied to the court for a Temporary Restraining Order (TRO) and a Preliminary Injunction (PI) to prevent Genius from selling any shares or raising any funds to purchase Bitcoin. The TRO was granted that day, and the PI was granted on March 13.

ChainCatcher news, according to the New York Times citing informed sources, e-commerce giant Amazon is set to bid for TikTok in the U.S., as the company has made a last-minute acquisition offer for TikTok.U.S. President Donald Trump will consider the final proposal related to TikTok on Wednesday local time, and TikTok must find a non-Chinese buyer before the April 5 deadline, or it will face a ban in the U.S.

ChainCatcher News: A U.S. judge has completely dismissed the corruption charges against New York City Mayor Eric Adams, who is a crypto-friendly individual. He previously announced that his first paycheck after taking office was converted into BTC and ETH through Coinbase.

ChainCatcher news, according to market news, stablecoin issuer Circle has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC), officially starting the initial public offering (IPO) process. The company plans to list on the New York Stock Exchange under the ticker symbol CRCL.

ChainCatcher news, according to OKX's official Twitter, former New York State Department of Financial Services head Linda Lacewell has recently been appointed as OKX's Chief Legal Officer. It is reported that Linda Lacewell has been a member of the OKX board since 2024, during which she has played a key role in providing strategic advice to the board and the legal department.OKX CEO Star stated: "This is a golden period for the cryptocurrency industry and OKX. OKX will continue to increase its investment in compliance and innovation. We look forward to launching more anticipated products in April to provide users with a better experience."

ChainCatcher news, according to the official announcement, Coinbase, Inc. has obtained a license from the New York State Department of Financial Services to engage in virtual currency business activities.

ChainCatcher news, according to CoinDesk, cryptocurrency financial services company Galaxy Digital announced a $200 million settlement agreement with the New York Attorney General's office, resolving its investigation related to the 2022 Terra-Luna ecosystem collapse. Under the terms of the settlement, Galaxy will take responsibility for its investments, trading, and public statements regarding LUNA tokens.Meanwhile, Galaxy disclosed that its 2024 financial report shows the company achieved a net profit of $174 million in the fourth quarter, with an annual profit of $365 million (including the settlement reserve). The company also announced a 15-year power supply agreement with cloud computing firm CoreWeave, which will utilize its Helios data center in Texas to provide 133 megawatts of power to support AI and high-performance computing operations, with expected revenues of $4.5 billion over the term of the agreement.

ChainCatcher news, the algorithmic cryptocurrency LUNA caused at least $40 billion in wealth evaporation during the Terra collapse two years ago. Now, Galaxy Digital, a well-known cryptocurrency company, will pay $200 million due to a settlement agreement with the New York Attorney General's Office.The collapse of LUNA and its supported Terra USD stablecoin was one of the most dramatic events in the 2022 cryptocurrency market crash, only surpassed by the collapse of the FTX exchange. The New York Attorney General's Office released a document outlining the $200 million settlement agreement reached with Galaxy Digital and its affiliated companies. These companies are among the most well-known cryptocurrency investment firms in the United States. The settlement agreement states that Galaxy violated the Martin Act and Administrative Law by promoting the asset without disclosing its interests in the asset.

ChainCatcher news, according to market news, the New York Stock Exchange has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to allow the Bitwise Ethereum ETF to stake.

ChainCatcher news, according to Blockworks, U.S. President Trump will deliver a speech at the New York Digital Assets Summit (DAS) on March 20 local time, marking the first time a sitting president has spoken at a cryptocurrency industry conference. Previously, Bo Hines, the executive director of the White House Presidential Advisory Council on Digital Assets, stated that the Trump administration plans to establish a strategic Bitcoin reserve, actively hoarding Bitcoin "to accumulate assets for the American people."The conference also attracted several political and industry leaders, including Congressman Ro Khanna, Tom Emmer, as well as MicroStrategy CEO Michael Saylor and Ripple CEO Brad Garlinghouse. Trump's speech will be broadcast live on X and YouTube.

ChainCatcher news, according to CoinDesk, cryptocurrency market maker Keyrock has established an office in New York, USA, with Chief Business Officer Robert Valdes-Rodriguez as the head.Keyrock's CEO stated that as the largest capital market in the world, the clarity of U.S. regulations under Trump will improve, which is expected to bring prosperity to digital assets.

ChainCatcher news, the NYSE-listed consumer food company DayDayCook announced that it will purchase 100 bitcoins and inject them into its financial reserves within the next three months. The funds will be raised by issuing Class A common stock to investors at a premium price ranging from $0.50 to $1.25 per share. The first delivery of 25 bitcoins will be completed within 30 days.In addition, crypto market maker Volmart's CEO Alex Yang will serve as a strategic advisor.

ChainCatcher news, according to a report by PR Newswire, the NYSE-listed company Cango has disclosed that it has received a preliminary non-binding letter of intent from Enduring Wealth Capital Limited (EWCL) aimed at acquiring 10 million shares of Class B common stock from the company's co-founders, with the purchase price to be agreed upon by both parties. Additionally, the letter of intent requires Cango's founders to voluntarily convert all of their remaining Class B common stock into Class A common stock and to resign from their positions on the board and as executives.

ChainCatcher news, according to Ledger Insights, BNY (Bank of New York Mellon) has announced that it will become an early user of the lending platform EquiLend 1Source, marking its further investment in the securities lending field. In addition, BNY will also acquire a minority stake in EquiLend.It is reported that EquiLend's 1Source platform utilizes Distributed Ledger Technology (DLT) to enhance the transparency and efficiency of securities lending. The launch of the platform is expected to change the traditional operations of securities lending, providing users with more efficient trading and management tools. BNY's participation not only brings funding support to EquiLend but also provides an important user base for its market promotion. As one of the initial users, BNY will be able to gain priority experience during the early launch of the platform and participate in the further development and optimization of the product.

ChainCatcher news, according to official news, Coinbase has announced that it has opened PYTH, OSMO, and CVX trading to residents of New York. Users can now buy, sell, convert, send, receive, or store the related assets on the Coinbase website, iOS, and Android apps.

ChainCatcher news, according to The Information, as banks warm up to cryptocurrency, Bank of New York Mellon (BNY) is expanding its services for stablecoin issuer Circle. Sources say that the bank will allow some clients to remit funds to or receive funds from Circle through BNY for the purchase or sale of Circle's stablecoins. Previously, Circle's clients had to use small U.S. banks to remit funds to Circle, which could limit the growth scale of this stablecoin company.This new arrangement facilitates the creation and redemption of Circle's stablecoins and can help the New York-based Circle drive broader adoption of its dollar-pegged stablecoin among other traditional financial institutions. The two companies stated in a joint announcement, "BNY and Circle will continue to work to bridge the gap between traditional finance and digital finance, and explore how to deepen our relationship for the benefit of the financial markets." Reports suggest that these changes will help make Circle more attractive to investors ahead of a potential initial public offering (IPO).The partnership with BNY is noteworthy because the company is a Global Systemically Important Bank (G-SIB), a regulatory designation that subjects it to particularly stringent oversight. Using a large U.S. bank like BNY is a way for Circle to differentiate itself from competitors like Tether. Some insiders have indicated that BNY has received approval from the New York State Department of Financial Services to provide a broader range of payment services to Circle. By servicing Circle, BNY may also attract more crypto-related deposits. Insiders previously stated that the company has been discussing providing banking services to more crypto firms but is cautious and only works with the safest companies.

ChainCatcher news, according to a Coinbase announcement, it regularly assesses the compliance and listing standards of trading assets. Based on the latest review, Coinbase will suspend trading of FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) on April 14 at 14:00 ET (April 15 at 02:00 Beijing time) in New York State.This adjustment only applies to New York State, and trading in other regions will not be affected. Users can still buy, sell, or withdraw assets before the trading suspension.