Search
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
26.4.2024
A recent FBI announcement urging Americans not to use unlicensed money-transmitting services misses “a great deal of nuance” about how crypto services operate, says Piper Alderman Partner Michael Bacina
a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks
26.4.2024
a16z Crypto, the crypto arm of Andreessen Horowitz, has issued a stern warning to startup founders considering token sales in the United States.
The post a16z Crypto Advises Against U.S. Token Sales, Citing Regulatory Risks appeared first on Cryptonews
Consensys Files Lawsuit Against the SEC Over Ethereum Regulation
25.4.2024
Ethereum developer firm Consensys managed by Joe Lubin has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) over its “overzealous regulation” around the Ethereum blockchain.
The post Consensys Files Lawsuit Against the SEC Over Ethereum Regulation appeared first...
Consensys files lawsuit against SEC and commissioners over Ether
25.4.2024
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S
Blockaid says it caused crypto drainer to shut down, defends against claims of 'false positives'
25.4.2024
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration
SEC Seeks $5.3 Billion in Final Judgment Against Do Kwon and Terraform Labs
25.4.2024
The U.S. Securities and Exchange Commission (SEC) has asked the court to order Terraform Labs and Do Kwon to pay around $5.3 billion as part of the final judgment against the two defendants. This sum includes $4,192,147,847 in disgorgement and $545,748,909 in prejudgment interest. SEC Seeks Final...
Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
24.4.2024
Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past
Indonesian President Cautions Against Crypto in Money Laundering Risks
24.4.2024
Indonesian President Joko Widodo highlights the significant risks of money laundering through crypto asset and NFT transactions, citing $8.6 billion in suspicious activities in 2021.
The post Indonesian President Cautions Against Crypto in Money Laundering Risks appeared first on Cryptonews
Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo
24.4.2024
The government of El Salvador is yet to address the massive data hack against its Chivo wallet and ATMs.
The post Hackers Expose Code Of El Salvador’s Bitcoin Wallet App Chivo appeared first on Cryptonews
Do Kwon And Terraform Labs Hit With $5.3 Billion Penalty From SEC in Terra-Luna Case
23.4.2024
Terraform Labs and its founder Do Kwon have been hit with a $5.3 billion from the SEC, April 19th court documents reveal. News of the latest legal filing from the SEC comes just weeks after they won a landmark civil trial against Kwon for the $40 billion crash of Terra-Luna.
The post Do Kwon...
SEC Sued by Crypto Industry Groups Over Definition of ‘Dealer’ in Securities
23.4.2024
The Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT) have taken legal action against the United States Securities and Exchange Commission (SEC), filing a lawsuit in the Northern District of Texas.
The post SEC Sued by Crypto Industry Groups Over Definition...
Ripple Files Opposition to SEC’s $2 Billion Penalty Request
23.4.2024
Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.”
The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews
SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box
23.4.2024
Two lawyers from the SEC, Michael Welsh and Joseph Watkins, resigned following a federal judge's sanction and severe criticism of the regulatory agency's handling of a crypto-related case.
The post SEC Lawyers Resign Amid Criticisms in Crypto Case Against DEBT Box appeared first on Cryptonews
Against all odds, Koala Coin (KLC) ascends, bolstered by adjustments from Cardano (ADA) and Sui (SUI)
22.4.2024
While 90% of new cryptocurrencies fail, Koala Coin defies these odds, rising strongly during its presale stage at an attractive price of $0.014. This surge, alongside adjustments in Cardano (ADA) and Sui (SUI), triggered a wave of fear of missing out (FOMO), prompting quick action to secure a stake...
FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities
21.4.2024
In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a pivotal moment in the extensive legal battles...
Proposed Settlement: Crypto Users Weigh Dropping Lawsuit Against Sam Bankman-Fried
20.4.2024
A group of cryptocurrency users involved in a class-action lawsuit against former FTX CEO Sam Bankman-Fried has recently reached a proposed settlement.
The post Proposed Settlement: Crypto Users Weigh Dropping Lawsuit Against Sam Bankman-Fried appeared first on Cryptonews
SEC Reworks Justin Sun Tron Lawsuit, Claims Founder “Traveled Extensively”
19.4.2024
The United States Securities and Exchange commission (SEC) has edited its Tron lawsuit against Justin Sun and his companies the Tron Foundation, the BitTorrent Foundation, and Rainberry, amended court docs filed on Thursday reveal. The filing marks the latest legal move in the SEC's fight against...
SEC Amends Lawsuit Against Tron Founder, Asserting US Jurisdiction
19.4.2024
The United States Securities and Exchange Commission (SEC) has filed an amended lawsuit against Tron founder Justin Sun, claiming he spent a significant amount of time in the U.S., thus granting the SEC jurisdiction over him and his businesses. The SEC alleges that Sun’s extensive travel...
Bitcoin Price Prediction as Crypto Market Recovers Following Israeli Retaliation Against Iran – Is the Worst Over?
19.4.2024
Amid heightened global tensions, Bitcoin's price navigates at $64,520, reflecting a 1.65% drop as investors eye the transformative potential of the upcoming halving.
The post Bitcoin Price Prediction as Crypto Market Recovers Following Israeli Retaliation Against Iran – Is the Worst Over? appeared...
Goldman Sachs Warns Bitcoin Investors – Don’t Read Into Past Halving-Cycles
18.4.2024
In a note to clients, Goldman Sachs, the world's largest investment bank, advised against extrapolating data from previous Bitcoin halving cycles due to macroeconomic changes.
The post Goldman Sachs Warns Bitcoin Investors – Don’t Read Into Past Halving-Cycles appeared first...