Regal Secrets

Tether [USDT] registers all-time high daily transaction count despite transaction volume stagnating

Cryptocurrency exchange Bitfinex and Tether have moved for a case dismissal of the suit pending against them by the New York Attorney General’s office. According to court filings on May 21, the lawyers of Bitfinex and Tether–parent company to the eighth largest cryptocurrency by market capitalization and industry leading stablecoin USDT–are moving to dismiss their ongoing case […]

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Regal Secrets

‘Sugar daddy’ dating site fined for promoting prostitution

The Norwegian businessman behind a “millionaire dating” site has been handed a six-month suspended sentence for promoting prostitution. A court in Belgium handed the sentence to Sigurd Vedal, the investor behind RichMeetBeautiful, which connects wealthy older men to young women. Mr Vedal was personally fined €24,000 and his company €240,000 (£207,000). The site caused a […]

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