FTX Sues Voyager Digital as One Bankrupt Firm Seeks to Claw Back $446 Million in Loan Payments From Another

FTX, the crypto exchange that collapsed last year, has sued bankrupt crypto lender Voyager digital as it seeks to regain millions in loan repayments. The company says loan repayments made last year are eligible to be clawed back and potentially used to repay other FTX creditors, as they were made so close to FTX’s own bankruptcy filing, according to the exchange’s c…

Argo Blockchain Accused of Misleading IPO Investors, Served with Lawsuit

Argo blockchain has been accused for misleading investors during its initial public offering (IPO) in 2021. Early investors of the Argo blockchain said that the developers behind this platform hid important information, like its struggle with risen electricity charges, from them. The lawsuit comes in the backdrop of Argo blockchain’s share price having tumbled down …

India Should Consider Lowering TDS Rate on Cryptocurrency Trade to Stem Flight of Capital, Users: Report

India should consider lowering the 1 percent TDS imposed on cryptocurrency transactions, according to a joint report Chase India and Indus Law. The government, from April 1 last year, has brought in a 30 per cent income tax plus surcharge and cess on transfer of virtual digital assets (VDAs), including cryptocurrencies, like Bitcoin, Ethereum, Tether and Dogecoin, alo…