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Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
22.8.2024
Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her 2022 run for Congress, and court documents detail how a river of cash came...
What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
19.8.2024
A court in Dubai ordered a company to pay an employee using a cryptocurrency token, as agreed in the employment contract. The ruling raises several questions even as it lends some legitimization to crypto in the region
Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports
16.8.2024
Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported
Tether to Fight Celsius' $3.3 Billion 'Shakedown' Litigation
12.8.2024
Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday
SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
6.8.2024
Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.”
SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case
30.7.2024
The U.S. SEC may be dropping it's charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning
Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
23.7.2024
Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of cryptocurrency exchanges as illegal enterprises – including Chair Gary Gensler's own communications – but the scope of its latest request filed on Tuesday...
Chinese Billionaire Convicted of Racketeering and Wire Fraud in US
20.7.2024
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams...
Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
16.7.2024
In March, a U.K. judge ruled that Wright was not, as he had claimed, the creator of bitcoin
Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice
16.7.2024
John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017...
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million
10.7.2024
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent...
Paxful Co-Founder Pleads Guilty to AML Conspiracy — Faces up to 5 Years in US Prison
9.7.2024
A Paxful co-founder has pleaded guilty to conspiracy charges for failing to maintain an effective anti-money laundering (AML) program on the peer-to-peer cryptocurrency platform. This led to various criminal activities being conducted on the platform, according to the U.S. Department of Justice...
Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
2.7.2024
On Tuesday the cross-examination of the first witness from Nigeria's Securities and Exchange Commission was completed
Hydrogen Technology Execs Jailed for HYDRO Price Manipulation
26.6.2024
CEO Michael Kane and Shane Hampton, head of financial engineering, were sentenced to a total of more than six years in prison
FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
18.6.2024
FTX's victims are seeking a court hearing to rule on their claim that all the failed crypto exchange's forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate
Nigeria Drops Tax Charges Against Binance Executives
14.6.2024
The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case
Australian Regulator Scolded Over 'Misleading' Release, Must Pay Costs as Block Earner Avoids Penalty
4.6.2024
Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services
Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing
30.5.2024
Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday
SEC Ordered to Pay $1.8M for Misconduct — Debt Box Hails ‘Monumental Victory’ for Crypto Industry
29.5.2024
A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary...
BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules
24.5.2024
Cryptocurrency custodian BitGo will get a fresh chance to sue financial services firm Galaxy Digital over the two companies’ failed $1.2 billion merger agreement after Delaware’s Supreme Court reversed an earlier ruling to dismiss BitGo’s lawsuit