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CFTC says court ‘erred at every turn’ in allowing Kalshi’s election markets
18.10.2024
The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections
86-year-old to pay $14M after admitting to running crypto Ponzi scheme
9.10.2024
Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health
X complies with EU data laws, stops AI chatbot data collection
6.9.2024
X resolves its legal battle with the European Data Protection Commission by agreeing to halt AI data collection practices and erase user data, safeguarding privacy rights in the EU and EEA
Craig Wright’s colleague tried to stop court case — He didn’t listen
24.7.2024
Christen Ager-Hansen told Cointelegraph that he warned his former colleagues, including Craig Wright and financial backer Calvin Ayre, against going to court
Craig Wright’s colleague tried to stop court case — He didn’t listen
24.7.2024
Christen Ager-Hansen told Cointelegraph that he warned his former colleagues, including Craig Wright and financial backer Calvin Ayre, against going to court
Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity
10.7.2024
Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed...
UK High Court Grants Worldwide Freezing Order Against Craig Wright
6.7.2024
The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98 million). This decision stems from Peter McCormack’s application, which argued for the necessity of the WFO due to Wright’s fundamentally fraudulent...
CFTC Wins Case Against Crypto Fund Operators
4.7.2024
The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment...
Roaring Kitty faces securities fraud claims in ‘doomed’ GME lawsuit
1.7.2024
Keith Gill is facing a new class-action lawsuit stemming from his recent social media posts. However, a lawyer says the case is likely “doomed” to fail
SEC’s Case Against Binance Moves Forward With Major Allegations Intact
29.6.2024
The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudulent practices, while dismissing some claims...
SEC drops Ethereum investigation to avoid ‘embarrassing’ court case
20.6.2024
Gary Gensler’s SEC has halted its investigation into whether Ether is a security. What could have motivated the SEC withdrawal, and is the fight over?
SEC shoots down Ripple’s argument for a lower penalty
17.6.2024
The SEC argued Ripple’s proposed lower civil penalty wouldn’t be enough, and there’s no comparison to its settlement with Terraform Labs
SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case
16.6.2024
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the...
Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
6.6.2024
The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that...
Nigerian prison fails to bring Binance exec to court
23.5.2024
Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue
Kraken Challenges SEC Overreach in Recent Court Filing
12.5.2024
In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate...
Robinhood favored to prevail in potential crypto court case against SEC
8.5.2024
Analysts at Keefe, Bruyette & Woods (KBW) have weighed in on the potential legal battle between Robinhood and the U.S. Securities and Exchange Commission (SEC), expressing confidence that the popular trading platform would likely emerge victorious in any crypto-related court case. This...
Robinhood Would Likely Win Crypto Court Case With the SEC: KBW
7.5.2024
The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said
Australian Court Rules Against BPS Financial for Unlicensed Crypto Operations
6.5.2024
The Federal Court of Australia has ruled against BPS Financial for operating “Qoin Wallet” without proper licenses. The Australian Securities and Investments Commission (ASIC) underscores the importance of regulatory compliance to protect consumers in the volatile crypto market....
Former FTX exec Ryan Salame to give up $5.9M Bahamas property
3.5.2024
Salame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd