The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers.
The protocol's's pseudonymous founder Rooter previously has been critical of "predatory" points programs.
A Trump election victory could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.
The syndicate had been operating for six months before being apprehended last week.
Brett Harrison’s new firm, Architect, aims to be an one-stop platform for institutional-grade crypto trading.
Data tracked by Kaiko shows that the combined volume of Hong Kong ETFs on the first day of trading reached $12.7 million, significantly lower than the $4.6 billion scored by U.S.-based spot bitcoin ETF products.