Alameda Research, the bankrupt crypto hedge fund connected to FTX, has filed a lawsuit against Digital Currency Group’s asset management arm Grayscale over its bitcoin and ethereum investment trusts, FTX’s new management team announced Monday. Alameda and FTX’s management team allege that Grayscale violated trust agreements by charging high management fees and not allowing investors to redeem...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive e-commerce asia
Data Show TikTok Shop Relies on Indonesia, Where Business Is Threatened
TikTok just cannot escape government scrutiny. Even as the hugely popular ByteDance-owned app expands in the U.S. despite a persistent threat of a ban, the Indonesian government has decided on a new regulation to ban online shopping on social media. That would hobble TikTok’s fast-growing shopping service in Indonesia, which is the single biggest market for TikTok Shop, as the service is...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat