Regulation

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...

Ohio Senator Introduces Bill to Legalize Bitcoin for Tax Payments

In a potentially monumental development for Bitcoin and the cryptocurrency market, Ohio Senator Niraj Antani has introduced a bill that would legalize the use...

SEC Wins $18M Case Against Defunct Crypto Firm Rivetz Over Unregistered ICO

The U.S. Securities and Exchange Commission (SEC) secured another significant legal victory in the crypto space, winning a judgment against Rivetz Corp and its...

Binance Founder CZ Released After Serving Four Months in U.S. Prison

Changpeng "CZ" Zhao, the founder and former CEO of Binance, was released from a U.S. federal prison on September 27 after serving a four-month...

SEC Approves BNY Mellon’s Expanded Custody of Crypto Assets

The Securities and Exchange Commission (SEC) has granted approval to the Bank of New York Mellon Corp (BNY) to expand its custody of cryptocurrency...

Green United’s Dismissal Bid Rejected in $18M Crypto Mining Fraud Case

Green United LLC has lost its attempt to dismiss an $18 million crypto mining fraud lawsuit filed by the U.S. Securities and Exchange Commission...

Former Alameda CEO Seeks Leniency After Critical Role in FTX Case

Former Alameda Research CEO Caroline Ellison may receive a reduced sentence following praise from U.S. prosecutors for her extensive cooperation in the case against...