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Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
13.3.2024
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024
Crypto Attorney Jake Chervinsky Explains the Bear Case for a Spot Ether ETF Approval in May
12.3.2024
Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack...
Central Bank of the Philippines to Complete Wholesale CBDC Pilot This Year, Hints at Securities Focused Use Case
11.3.2024
The Central Bank of the Philippines revealed that it aims to conclude the ongoing wholesale CBDC pilot, Project Agila, later this year. The pilot, which currently includes the participation of six local financial institutions, might be the gate for democratizing access to securities according...
Investors Get Green Light to Pursue Class Action Against Binance
9.3.2024
A group of investors who sought to sue cryptocurrency exchange Binance, its former CEO Changpeng Zhao, and other executives have been given a fresh chance to pursue their case.
The post Investors Get Green Light to Pursue Class Action Against Binance appeared first on Cryptonews
Shapeshifting Justice: The SEC’s Weakest Case Yet
7.3.2024
Tether Launches Recovery Tool for Migration of USDT Across Blockchains in Case of Disruptions
5.3.2024
Tether, a major stablecoin issuer and one of the leading players in the crypto market, has introduced a recovery tool to facilitate the seamless migration of its USDT stablecoin between different blockchains.
The post Tether Launches Recovery Tool for Migration of USDT Across Blockchains in Case...
US Court Rules Crypto Trades on Secondary Markets as Securities Transactions
4.3.2024
In a pivotal insider trading case, a U.S. court has ruled that trading of crypto assets on secondary markets like Coinbase constitutes securities transactions, setting a new legal precedent.
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Montana Blasts SEC ‘Regulatory Power Grab’ in Kraken’s Case: ‘Crypto Assets Are Not Automatically Securities’
4.3.2024
Montana introduced an amicus curiae in the case of the SEC vs. Kraken, a US-based crypto exchange, criticizing the “regulatory power grab” of the institution. Montana, supported by seven other states, affirms that crypto assets are not automatically securities and that the SEC’s...
Chamber of Digital Commerce Files Brief on Behalf of Kraken in Controversial SEC Case
29.2.2024
Crypto advocacy group the Chamber of Digital Commerce has thrown its support behind Kraken in its battle against the United States Securities and Exchange Commission (SEC), according to a February 27 court filing. The brief marks the latest stage in Kraken's legal saga with the federal agency...
Coinbase Made an Arbitration Case to the U.S. Supreme Court – Again
28.2.2024
Crypto exchange Coinbase again led a legal charge on the ins and outs of arbitration in the U.S. Supreme Court on Wednesday. The latest case isn't about digital assets, directly, but it may be important for every modern consumer who buys, registers or contracts for a product or service – and...
Bitfinex Case Defendant Credits Bitcoin Fog in Laundering Scheme: Bloomberg
28.2.2024
The Bitfinex Case Defendant, Ilya Lichtenstein, has taken the stand as a witness for federal prosecutors in the trial of Bitcoin Fog, a mixing service associated with concealing illicit assets.
The post Bitfinex Case Defendant Credits Bitcoin Fog in Laundering Scheme: Bloomberg appeared first...
PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains
26.2.2024
The PancakeSwap team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any chain that doesn’t already have PancakeSwap deployed on it.
The post PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains appeared first on Cryptonews
$100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On?
25.2.2024
Chainalysis has unveiled a new case of fraud involving a single company operating from a compound in Myanmar, which swindled a sum of over $100 million from victims in less than two years.
The post $100 Million Cryptocurrency Scheme Uncovered in Myanmar – What’s Going On? appeared first...
Kraken Files to Dismiss SEC Lawsuit Arguing It Sets a ‘Dangerous Precedent’
23.2.2024
Kraken, a prominent cryptocurrency exchange, has filed to dismiss the Securities and Exchange Commission lawsuit saying that allowing this case to continue would set a “dangerous precedent."
The post Kraken Files to Dismiss SEC Lawsuit Arguing It Sets a ‘Dangerous Precedent’ appeared...
Coinbase Makes Case for Approval of Ether ETFs in Formal Letter to SEC
22.2.2024
Coinbase has thrown its support behind Grayscale's application to convert its Ethereum Trust into a spot Ether exchange-traded product (ETP).
The post Coinbase Makes Case for Approval of Ether ETFs in Formal Letter to SEC appeared first on Cryptonews
Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest
22.2.2024
Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete...
Head of SEC’s Crypto Legal Team Exits for Private Firm
21.2.2024
A press release published on February 21 by White & Case announced that Ladan Stewart had joined the firm as a partner in its white-collar defense group.
The post Head of SEC’s Crypto Legal Team Exits for Private Firm appeared first on Cryptonews
UK Prosecutors Challenge Defendant’s Claim of Innocence in $6.3 Billion Bitcoin Laundering Case
20.2.2024
UK prosecutors are challenging the claims of a British-Chinese national who says she had “no idea” she was part of a $6.3 billion Bitcoin money laundering plot. The 42-year-old dual national Jian Wen has pled not guilty to three counts of money laundering on behalf of her former...
Case Study: Ronin161’s Portfolio – 2024
20.2.2024
A look into the making of Ronin161’s new portfolio for 2024, from ideas to code. Plus an in-depth explanation about the custom Toon Shader
Bitcoin Price to Hit $100k by June 2024, Predicts Rich Dad Poor Dad Author
19.2.2024
Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price. On Sunday, he took to X (formerly Twitter) to declare, “BITCOIN to $100k by June 2024.” This bullish forecast further cements his position...