Regulation

US to Return $7 Million Seized from Fake Crypto Investment Scams

The United States plans to return $7 million to victims who were duped by fraudulent cryptocurrency investment websites designed to mimic legitimate platforms, according...

Debiex Platform Exposed as Fraud, Faces $2.5M Penalty

Federal Judge Rules Against Debiex in ‘Pig Butchering’ Romance Scam A U.S. federal judge has ordered crypto platform Debiex to pay approximately $2.5 million after...

EU Regulators Reportedly Investigating OKX Over Bybit Hack Funds

European Union regulators are allegedly examining whether OKX’s Web3 services played a role in laundering $100 million stolen in the Bybit hack. However, the...

US Customs Starts Releasing Seized Crypto Miners

Thousands of crypto mining rigs have started moving out of US ports after prolonged seizures, marking a major development for the Bitcoin mining industry. US...

Do Kwon’s U.S. Trial Delayed as Prosecutors Uncover 4TB of Evidence

The U.S. government’s case against former Terraform Labs CEO Do Kwon has been postponed until April after prosecutors uncovered an additional four terabytes of...

UK Sentences First Illegal Crypto ATM Operator to Four Years in Prison

A UK court has handed down the country's first criminal sentence for unregistered crypto activity, sentencing Olumide Osunkoya to four years in prison for...

ESMA Seeks Public Input on Staff Competence Guidelines for Crypto Firms

The European Securities and Markets Authority (ESMA) has launched a public consultation on new guidelines aimed at assessing the knowledge and expertise of employees...

Bybit Removed from France’s AMF Blacklist, Eyes European Expansion

Bybit, a major cryptocurrency exchange, has officially been removed from France’s Autorité des Marchés Financiers (AMF) blacklist. This marks a crucial step in the...

SEC Begins Review of Grayscale’s Proposal for a Spot Dogecoin ETF

The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Grayscale’s 19b-4 filing to list a spot Dogecoin (DOGE) exchange-traded fund (ETF). This acknowledgment,...

Lawsuit Targets U.S. Treasury Over DOGE Access Amid Stablecoin Debate

AFL-CIO Sues Treasury Over Alleged Privacy Breach The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) has filed a lawsuit against the U.S....

Former SafeMoon CEO Requests Trial Delay

Braden John Karony, former CEO of SafeMoon, has requested a delay in his criminal trial, arguing that potential regulatory shifts under the Trump administration...

Tornado Cash Developer Alexey Pertsev Released from Prison

Alexey Pertsev, a developer of Tornado Cash, has been released from prison custody and placed under house arrest as he prepares his legal appeal....