The token went to as low as $0.000625 but quickly rebounded and is now trading at $0.0123.
The resignation comes only a week after CEO Alex Mashinsky left the troubled company.
The token has since dumped almost 50% but is still trading higher than before SEC settlement news broke.
The SEC argues that the reality TV star failed to disclose the $250K payment she received for EMAX promotion.
Unlike traditional financial institutions, crypto firms have very few assets to fall back on in the event of a liquidation.
XRP bulls have returned to the crypto market ahead of Fed's rate hike announcement.
The SEC argued that Ethereum nodes are “clustered more densely” in the U.S. than in any other country.
The stablecoins sale proceeds will be used to generate liquidity to help fund the company’s operations.
The investors allegedly suffered “tens of millions” in losses because of the outages.
The Chamber of Digital Commerce filed for an amicus brief, indicating a strong interest in the case.
NFT industry is developing, and copyright regulations are still vague.
WazirX is now in a position to continue its banking operations as usual.
The Thai SEC has accused Zipmex and its executives in its complaint.
Bitkub, a Thailand-based cryptocurrency exchange, has been fined 8.53 million Baht for insider trading.
The company is citing chapter 11 to halt the two lawsuits.
BitGo plans to sue Galaxy Digital for $100m for its “improper decision”
Binance chief communication officer Patrick Hillman Accuses WazirX of dragging its feet while transferring ownership.
Crypto investors and basketball fans busted the two sharks for building a pyramid.
Celsius (CEL) has risen to an unforeseen degree, but the forecast is still cloudy.
HODLing Crypto in Hodlnaut might take way longer than expected.
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