MicroStrategy still doesn’t plan to sell its Bitcoin, according to the company’s new Chief Financial Officer Andrew Kang. The recent bear market, which has brought Bitcoin’s value below the company’s average purchase price, hasn’t shaken the organization’s faith. “At this time, we do not have any intention to sell,” said the CFO, after joining the company on May 9th hailing from GreenSky. “There are no scenarios that I’m aware [in which] we would sell.” Shareholders also remain confident and reportedly…
Tag: The US SEC Says Poloniex
The US SEC Says Poloniex Operated Illegally, The Exchange Pays $10.4 Million Fine
On 9th August, The US Securities and Exchange commissions announced that it's charging the Poloniex crypto exchange for conducting illegal operations. Immediately, the Poloniex network agreed to settle the amount of $10.4 million in fine. Recently, the US has been very focused on the regulatory front, and there is a bill to regulate crypto vastly. Poloniex Operated Illegally According to a release posted on the SEC page, the watchdog charged Poloniex with illegal exchange activities within the country. The release…
9 months ago 
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