SEC Sues Geosyn Mining for $5.6M Investor Fraud
The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.

The SEC accuses Geosyn Mining of defrauding investors, lying about crypto rig counts, and misusing funds for lavish personal expenses.
Binance Launchpool initially showed 6 billion FDUSD deposited, exceeding total supply. Corrected to 3.19 billion FDUSD after considering Ethereum and BNB Chain supplies.
According to the official announcement, Binance’s new coin mining has now launched the 46th project Pixels (PIXEL), a social network game based on the Ronin network.
Binance appears unfazed despite the recent U.S. Securities and Exchange Commission (SEC) charges.
The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities.
The bulk of the top 200 ERC-721-compliant collections on OpenSea will be included in Binance NFT during the first stage of the marketplace's upgrading.
Bitcoin uses half the energy that is wasted every year in the U.S.
“This quarter, we saw significant improvements in the energy efficiency and sustainability of Bitcoin mining, a trend that will continue,” said MicroStrategy founder and CEO Michael Saylor.