CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged...
Regulation
Rejection of crypto bill exposes Aussies to ‘unregulated market’ — Senator Bragg
Australian investors will be left exposed to unregulated markets and investments will be driven away from the country if the...
Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion
Grayscale has told the Securities and Exchange Commission it has no legal reasoning left to block the conversion of the...
Digital euro can ward off a host of private payment service ills: ECB official
The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive...
Court rules in favor of HelbizCoin investors, class lawsuit to go ahead
A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go...
FTX court filing reveals former Alameda CEO’s $2.5M yacht purchase
FTX Debtors have disclosed a series of financial statements revealing transactions that benefited company executives shortly before the major cryptocurrency...
Ripple legal team opposes SEC appeal over XRP decision
Lawyers representing Ripple in its lawsuit with the United States Securities and Exchange Commission (SEC) have suggested the regulator hasn’t...
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has...
Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer
There are hopes that the United States could see a new crypto resurgence after several rulings this year have seen...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of...
SEC charges LA company with offering of NFT securities
SEC charged US-based media company Impact Theory with offering and touting investment potential of their Founder’s Key NFTs. Impact Theory...
Alleged former Worldcoin employee says they’re in contact with authorities
An individual calling themselves Nadir Hajarabi, who claims to have previously worked for Worldcoin, has alleged the human identity verification...
Crypto community reacts to Biden’s proposed crypto tax reporting rules
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States president Joe...
Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal
Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have claimed the “extraordinary accommodations” offered by authorities were insufficient in...
Bitstamp halts Ether staking in the US, cites regulatory challenges
Please be aware that some of the links on this site will direct you to the websites of third parties,...
Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts...
Binance.US taps MoonPay as banking alternative to regain USD ramps
Two months after becoming a crypto-only platform, Binance.US has announced a new partnership with crypto payments firm MoonPay to allow...
Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment...
US judge rules in favor of human ingenuity, denies copyright for AI art
In a recent court decision, United States District Judge Beryl Howell upheld the stance of the U.S. Copyright Office that...
ChatGPT politically biased toward left in the US and beyond: Research
ChatGPT, a major large language model (LLM)-based chatbot, allegedly lacks objectivity when it comes to political issues, according to a...
New Zealand parliamentary report advises against hasty crypto regulation
While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is...
Crypto firm Helio Lending gets bond sentence over false license claims
Australia-based crypto lender Helio Lending has been sentenced to a non-conviction good behavior bond for a year for falsely claiming...
