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Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe
20.5.2024
Cryptocurrency exchange Kraken reassured users it has no plans to delist USDT in Europe and will continue to follow all legal requirements.
The post Kraken Says No Plans to Delist Tether’s USDT Stablecoin in Europe appeared first on Cryptonews
Russian Court Jails Finiko Crypto Scam Exec for Three Years
20.5.2024
A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.”
The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews
Popular Emulator Changes Logo After Adobe Sends Legal Threat
17.5.2024
The people behind the immensely popular iOS retro game emulator, Delta, have been forced to quickly change the app’s logo after receiving legal threats from Adobe and warnings from Apple. Read more
DOJ’s Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn
17.5.2024
Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networks and financial innovation. “I’m concerned the DOJ’s...
$25M Sophisticated Ethereum Blockchain Exploit Leads to Arrests in US
17.5.2024
The U.S. Department of Justice (DOJ) has indicted two brothers for wire fraud and money laundering. They allegedly exploited the Ethereum blockchain to steal $25 million in cryptocurrency within 12 seconds. Using sophisticated techniques, they manipulated transactions and concealed their...
USDC Stablecoin Issuer Considers Moving Legal Home From Ireland to US
16.5.2024
Circle, a stablecoin issuer based in the Republic of Ireland, has reportedly announced plans to relocate its legal domicile to the United States. The decision is believed to be a response to the Organization for Economic Cooperation and Development’s (OECD) proposal for a minimum tax of 15% on...
South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case
16.5.2024
Two South Korean police officers are standing trial over alleged bribery in an increasingly high-profile crypto fraud case.
The post South Korean Police Officers on Trial in ‘Crypto Fraud Bribes’ Case appeared first on Cryptonews
Ripple Seeks Court Approval to Seal Sensitive Documents in SEC Lawsuit
16.5.2024
Ripple Labs has filed a motion to seal remedy documents in its ongoing litigation with the U.S. Securities and Exchange Commission (SEC). Ripple argues that these documents contain sensitive information, including proprietary business strategies, financial data, and internal communications. Public...
Oklahoma’s new crypto law protects miners, sets blockchain legal framework
15.5.2024
Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities
UK cannabis millionaire’s legal ‘deals on wheels’ via crypto
15.5.2024
UK medical marijuana tycoon Maximillian White has embraced crypto and blockchain to help shift product around the world
Small creditors put at risk by latest FTX bankruptcy development
15.5.2024
The transfer of the bankruptcy claim from FTX EU Ltd. to FTXCREDITOR, LLC, could have significant impact on stakeholders
Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg
15.5.2024
Circle recently filed court paperwork to make the move, according to a company spokesperson
Circle shifts legal home to US ahead of IPO
15.5.2024
Circle's strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence
Stablecoin Issuer Circle Plans US Transition for Legal Operations, Leaving Ireland Base
15.5.2024
Stablecoin issuer Circle plans to relocate its legal base from the Republic of Ireland to the US. Bloomberg reported on Wednesday that the company recently filed court paperwork to re-domicile.
The post Stablecoin Issuer Circle Plans US Transition for Legal Operations, Leaving Ireland Base appeared...
El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs
15.5.2024
El Salvador, which became the first nation to use Bitcoin (BTC) as legal tender, could easily hold 5,750 Bitcoins, per “Bitcoin Office” report.
The post El Salvador Mined 474 BTCs Since 2021, Government Now Holds 5,750 BTCs appeared first on Cryptonews
SEC tries again for Debt Box suit dismissal with option to refile
14.5.2024
The SEC says case dismissal without prejudice is “normally granted” when a plaintiff requests it, but the court has criticized the agency’s current suit
Coinbase’s Legal Officer Rallying Binance, Ripple, Uniswap Against SEC’s ‘Gaslighting’
14.5.2024
Regarding the Debt Box issue, Coinbase Chief Legal Officer Paul Grewal criticised the US Securities and Exchange Commission (SEC) on May 14. Given the significant ramifications for the industry, he also urged other cryptocurrency exchanges to question the SEC's earlier moves.
The post...
Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software
14.5.2024
Senators Cynthia Lummis and Ron Wyden want the DOJ to reverse course on its new legal interpretation that threatens Bitcoin privacy tools.
The post Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software appeared first on Cryptonews
Steven Nerayoff Calls out Joseph Lubin for Damaging Crypto Market
13.5.2024
Steven Nerayoff, a former adviser to the Ethereum network, has publicly denounced Joseph Lubin, co-founder of the Ethereum Project and the founder of Consensys, and other “bad actors” for their detrimental actions in the cryptocurrency market. In a tweet, Nerayoff clarifies that his dispute is...
Kraken challenges SEC’s definition in legal battle
13.5.2024
Kraken counters the Securities and Exchange Commission’s version of identifying legal investment deeds pertaining to transactions on the Kraken platform. This is regarding an appeal for nullifying a case introduced by the SEC. Kraken’s appeal focuses on a crucial differentiation between...