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Is Uniswap Going to Zero? UNI Price Drops 20% After SEC Scrutiny as This Other Coin Prepares for Exchange Launch
12.4.2024
The price of DeFi exchange Uniswap’s native token UNI is 15% lower than it was this time last week following yesterday’s news that the US SEC may launch a potential enforcement action against it for alleged securities law violations. UNI currently trades at $9.08, which makes for...
DeFi Exchange Uniswap Receives Enforcement Notice from the SEC
10.4.2024
Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
10.4.2024
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over...
Ripple’s Chief Legal Officer Blasts SEC Over Crypto Regulation, XRP Lawsuit: “Get Off Your Soap Box”
5.4.2024
Ripple’s Chief Legal Officer, Stuart Alderoty, told the United States Securities and Exchange Commission (SEC) to “get off its soap box” after the SEC’s Director of Enforcement, Gurbir Grewal, seemingly criticized the crypto exchange for its XRP lawsuit.
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SEC Director of Enforcement Gurbir Grewal Slams Crypto Industry, Cites “Significant Non-Compliance”
3.4.2024
Gurbir Grewal, the Director of the Enforcement Division at the SEC, slammed the crypto industry for its "significant non-compliance" in remarks given Wednesday at the Practicing Law Institute SEC Speaks event. His criticism comes one day after SEC Commissioner Hester Peirce chided the agency...
SEC Commissioner Hester Peirce Calls Out SAB 121, Claims Agency is “Scaring People Off”
2.4.2024
SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks event. Peirce's dissidence marks the latest dissatisfaction with the SEC's leadership, with the federal agency...
CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action
29.3.2024
Commissioner Caroline Pham of the Commodity Futures Trading Commission (CFTC) issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action" following the agency's KuCoin charges, saying it might “infringe upon the SEC’s authority.”
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‘Eccentric’ Crypto Laundering Mastermind Dreamed of Being Anointed a Buddhist Goddess
28.3.2024
Zhimin Qian, the alleged mastermind behind the cryptocurrency laundering, dreamed of being anointed as a Buddhist goddess by the Dalai Lama. Qian also had plans to build a Buddhist temple, an airport, and a port in Danube, a fictitious micronation situated between Serbia and Croatia. Zhimin...
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
22.3.2024
Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging workload has come from the agency's pursuit...
US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam
21.3.2024
The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...
Russian Government to Create Crypto Confiscation Platform
19.3.2024
The Russian government is planning to build a platform that will allow the nation’s law enforcement agencies to seize and hold crypto they confiscate from criminals.
The post Russian Government to Create Crypto Confiscation Platform appeared first on Cryptonews
US FinCEN Investigates $165 Million Crypto Transactions Tied to Hamas
14.3.2024
The US Financial Crimes Enforcement Network (FinCEN) is probing into the $165 million worth crypto transaction linked to Hamas, per Wall Street Journal.
The post US FinCEN Investigates $165 Million Crypto Transactions Tied to Hamas appeared first on Cryptonews
SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement
7.3.2024
SEC Commissioners Hester Peirce and Mark Uyeda voice concerns over the lack of clarity in crypto regulations after ShapeShift’s recent settlement of $275,000.
The post SEC Commissioners Criticize Agency’s Crypto Enforcement Strategy Following ShapeShift Settlement appeared first on Cryptonews
UK Law Enforcement Will Soon Have More Power to Seize Crypto Assets
1.3.2024
A crime bill passed last year gave law enforcement agencies more power to seize and freeze crypto
Police Department Apologizes For Tone-Deaf Call Of Duty Recruitment Ad
1.3.2024
A Peoria, Illinois police department tried to recruit new officers with a Call of Duty-inspired campaign on social media, and it was as tone-deaf as you’d imagine. The post, originally shared on the Peoria Police Department’s social media page, showed three white men posing with guns while wearing...
SEC Commissioner Says Agency is in “Enforcement-Only Mode” When Regulating Crypto
1.3.2024
SEC Commissioner Hester Peirce has said that the regulatory agency is currently operating in an "enforcement-only mode" when it comes to the regulation of cryptocurrencies.
The post SEC Commissioner Says Agency is in “Enforcement-Only Mode” When Regulating Crypto appeared first...
SEC in ‘Enforcement-Only Mode’ for Crypto, Commissioner Peirce Says at ETHDenver
1.3.2024
“What I reflect is the fact that you all are spending part of your brainpower” wondering how to avoid getting sued, she said during a panel at EthDenver
Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports
29.2.2024
Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country
IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts
28.2.2024
The Internal Revenue Service (IRS) said on Tuesday that it hired two crypto industry executives — Sulolit “Raj” Mukherjee and Seth Wilks — to aid in digital asset reporting, compliance, and enforcement programs.
The post IRS Taps Binance.US, TaxBit Execs to Strengthen Crypto Tax Regulation Efforts...
Senior U.S. Military Airman and Cyber Analyst Charged with Money Laundering for NFT “Rug Pull” Scheme
27.2.2024
Two individuals, including a senior airman and cyber analyst in the U.S. military, have been charged for money laundering in connection to an NFT “rug pull” scheme, a February 23rd statement from U.S. Immigrations and Customs Enforcement (ICE) reveals.
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