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Kraken Crypto Exchange Fined by Australian Court
24.8.2024
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized...
Court denies Kraken’s motion to dismiss SEC lawsuit
23.8.2024
The SEC alleges Kraken is operating an unregistered securities exchange
Court denies Kraken’s motion to dismiss SEC lawsuit
23.8.2024
The SEC alleges Kraken is operating an unregistered securities exchange
Court denies Kraken’s motion to dismiss SEC lawsuit
23.8.2024
The SEC alleges Kraken is operating an unregistered securities exchange
FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement
23.8.2024
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond....
US Appeals Court Backs SEC as Hodl Law’s Ethereum Lawsuit Dismissed
23.8.2024
A United States appeals court has supported a California federal judge’s dismissal of Hodl Law’s lawsuit against the…
Australian regulator claims win over Kraken’s Bit Trade in federal court
23.8.2024
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
Crypto law firm loses appeal to force SEC’s hand on Ether classification
23.8.2024
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to decide if ETH is a security
Taiwan Court Convicts 8 in Espionage Case Involving Crypto Payments
23.8.2024
Taiwan’s high court on Thursday convicted eight people, including military personnel, of espionage for China, with payments allegedly made in cryptocurrency, the Central News Agency reported. The sentences range from 1.5 to 13 years in prison, while one individual was acquitted, and another remains...
SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
23.8.2024
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US
Supreme Court Urged to Protect Crypto in Nvidia-Backed Legal Fight
23.8.2024
The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief argues that the Ninth Circuit’s approach to pleading standards under the Private Securities...
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...
FTX says creditors supported reorganization plan with a 95% vote
22.8.2024
FTX chief restructuring officer and CEO John Ray III said the plan promises 100% return plus interest for non-governmental creditors
Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
22.8.2024
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry
Ryan Salame seeks to void guilty plea, says fed didn’t keep promise
22.8.2024
The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.
Highest Court of China Moves to List Virtual Asset Transactions as a Money-Laundering Tool
21.8.2024
The Supreme People’s Court of China, the highest court of law in the country, and the Supreme People’s Procuratorate have issued a joint document that interprets the current money laundering law and defines several issues related to its application. In this interpretation, the...
China Supreme Court revises Anti-Money Laundering law to include ‘virtual assets’
20.8.2024
Supreme People’s Procuratorate said there has been a 20-fold increase in people prosecuted for money laundering since 2019.
Shaquille O’Neal may still be in hot water over Astral NFTs, says judge
20.8.2024
A Miami judge didn’t dismiss a claim that basketball legend Shaquille O’Neal was a “seller” of Astrals NFTs and found they could be securities under US law
China’s Supreme Court lists Virtual Assets as a money laundering method
20.8.2024
China’s Supreme Court has listed Virtual Assets as a money laundering method as it released “Interpretation on Several…
Judge sets Oct 2025 trial for brothers allegedly behind $25M exploit
19.8.2024
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case