Regulation

CZ Optimistic About Positive Shift in Crypto Regulation

Changpeng “CZ” Zhao, Binance co-founder and former CEO, is hopeful about the evolving landscape of cryptocurrency regulation worldwide, particularly with upcoming U.S. elections potentially...

AurumXchange Operator Laundered Silk Road Money

The U.S. Department of Justice (DOJ) has filed charges against Maximiliano Pilipis, operator of crypto exchange AurumXchange, for allegedly laundering millions tied to the...

South Korea to Tighten Control on Cross-Border Crypto Transactions

South Korea is set to introduce new regulations mandating reporting for cross-border cryptocurrency transactions, aiming to combat tax evasion and foreign exchange crimes. Finance...

Donald Trump Proposes $3 Trillion Tax Cut

Donald Trump’s proposed tax reform could exempt approximately 93.2 million Americans—nearly half of the U.S. electorate—from part of their income taxes. The former president...

Montenegro Delays Do Kwon’s Extradition Once Again Amid Court Appeal

The extradition process for Do Kwon, the founder of Terraform Labs, has been postponed once more following a ruling by Montenegro's Constitutional Court on...

Forcount Promoter Sentenced to 20 Years in Prison for $8.4M Fraud

Juan Tacuri, a senior promoter of the Forcount Ponzi scheme, has been sentenced to 20 years in prison for defrauding investors out of $8.4...

U.S. Judge Dismisses Crypto Neobank Banq’s Bankruptcy Case

A U.S. judge has dismissed the bankruptcy filing of crypto neobank Banq, calling it a “bad faith” strategy intended to gain leverage in a...

SEC Settles with Trading Firm Over $4M AI Fraud Scheme

The United States Securities and Exchange Commission (SEC) has reached a settlement with Rimar LLC, a trading firm accused of exaggerating its artificial intelligence...

Ryan Salame Seeks Delay for Prison Self-Surrender Citing Medical Reasons

Former FTX executive Ryan Salame, who was set to begin a seven-and-a-half-year prison term, has requested a delay in his self-surrender date. The ex-co-CEO...

Crypto.com Files Lawsuit Challenging SEC’s Regulatory Tactics

In a surprising twist, cryptocurrency exchange Crypto.com has officially announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission...

Lejilex Challenges SEC’s Authority Over Crypto in Texas Court Case

Lejilex, a Texas-based crypto startup, is locked in a legal battle with the United States Securities and Exchange Commission (SEC), accusing the agency of...

SEC Files Appeal in Ripple Lawsuit, Aiming to Overturn XRP Ruling

The U.S. Securities and Exchange Commission (SEC) has officially filed an appeal in its ongoing lawsuit against Ripple Labs, seeking to challenge a prior...