Crazy Number of Subpoenas Shows Why Crypto Exchanges are Fleeing the US

crypto exchanges leave US

By A new report released by major crypto exchange ShapeShift revealed that it had received 18 subpoena requests from U.S. authorities in 2018. Despite being based in Switzerland, the U.S. government filed 30 percent of all requests ShapeShift received last year. Why US Authorities Always Rank at the Top: Not Exclusive to Crypto Earlier … Read more

Calling Crypto a ‘Harsh Mistress,’ ShapeShift Announces Major Layoffs

shapeshift crypto exchange

ShapeShift exchange has become the latest in a string of cryptocurrency and blockchain companies to announce major layoffs due to the ongoing cryptocurrency bear market. In a Medium post entitled “Overcoming ShapeShift’s Crypto Winter and the Path Ahead,” Erik Voorhees detailed several different factors behind the change of course and stated that one-third of the … Read more