Officials with the U.S. Department of Justice’s Eastern District of New York and the Securities and Exchange Commission are examining transfers between Digital Currency Group and Genesis, one of its subsidiaries, a report late Friday said. Author: Nikhilesh De

CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months. Author: Rosie Perper

Two additional promoters of the Forcount Ponzi scheme – a Brazil-based crypto scam that defrauded Spanish-speaking investors around the world of a collective $8.4 million – have been arrested and charged with fraud for their role in the alleged grift. Author: Cheyenne Ligon

Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore judge said that’s not okay. Author: Eliza Gkritsi

On-chain data shows that more than $60 million in tokens has left the exchange in the last 24 hours, while stablecoin reserves have dropped 9.5% in a week. Author: Sam Reynolds