Market Cap: $2,528,123,286,783
24h Vol: $143,734,522,118
Cryptocurrencies: 28612
Markets: 116107
Cryptocurrencies: 28612
Markets: 116107
Market Cap: $2,528,123,286,783     
24h Vol: $143,734,522,118
Seeking Alpha 2023-01-11 22:58:49

DoJ is said to probe founders of solana stablecoin exchange Saber Labs

DoJ is said to probe founders of solana stablecoin exchange Saber Labs
The U.S. Department of Justice is scrutinizing Ian Macalinao and Dylan Macalinao, the two brothers who founded solana ( SOL-USD ) stablecoin exchange Saber Labs, CoinDesk reported Wednesday, citing two people with knowledge on the matter. The DoJ is seeking clarity on various cryptocurrency-related projects tied to Saber, one of the people noted, including Sunny Aggregator, a decentralized finance (DeFi) yield-farming app, and Cashio, a stablecoin project that was said to have lost millions of dollars due to a hack that took hold in March 2022. Meanwhile, Saber is still operating and currently handles $4.34M in trading volume over the last 24 hours, according to its website. Total value locked, a gauge for the total value of all assets deposited into DeFi protocols, was $26.82M. Elsewhere in DeFi, the U.S. Commodity Futures Trading Commission recently filed a lawsuit against Mango Markets exploiter Avraham Eisenberg for alleged price manipulation .
esptco-banner img
Latest News

Videos

  • Ethereum Classic (ETC): What is Ethereum Classic (ETC)? EXPLAINED!

  • How to buy Bitcoin (BTC) from Binance?

  • All About Blockchain Secrets | Simply Explained!

  • What is Basic Attention Token (BAT)? (EXPLAINED)

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire