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Ripple Lawsuit in Focus as 18 US States Sue SEC Over Crypto Crackdown
14.11.2024
The Ripple lawsuit is in the spotlight again as 18 U.S. states have filed a lawsuit against the…
Nigerian Crypto Crackdown: Two More Firms Convicted, Forced to Cough Up $30,000
8.11.2024
A Nigerian court has convicted two more cryptocurrency firms, Egomsinachi Road Autos Limited and Chimera Log & Haulage Services Limited, for conducting unauthorized USDT-to-naira transactions. As a result, they’ve been ordered to transfer nearly $30,000 to the federal government....
CLS Global Clarifies Position Amid SEC, FBI, DOJ Takedown of Fraudulent Crypto Firms
7.11.2024
In response to recent actions by a U.S. prosecutor and the U.S. Securities and Exchange Commission (SEC) against…
Russian CEO’s Market Manipulation Services Caught in DOJ’s Crypto Crackdown
3.11.2024
The DOJ has indicted a Russian cryptocurrency CEO for allegedly orchestrating a vast wash trading scheme to inflate crypto market volumes, misleading investors and exchanges globally. An Empire of Fake Trades: DOJ Reveals Conspiracy Inside Crypto Markets The U.S. Department of Justice (DOJ)...
SEC’s Crypto Crackdown Questioned — Will Clear Guidance Finally Emerge?
23.10.2024
The enforcement-heavy approach of the U.S. Securities and Exchange Commission (SEC) to crypto regulation is stifling innovation and leaving the market without clear standards, an SEC commissioner has warned. Criticizing the reliance on litigation, he argued that case-by-case enforcement delays...
Coinbase files FOIAs against US regulators probing banks' crypto crackdown
21.10.2024
The exchange asked regulators to disclose documents relating to an ongoing crackdown on crypto companies among US banks
Dubai’s crypto regulator cracks down on unlicensed firms
10.10.2024
Dubai’s Virtual Assets Regulatory Authority has issued fines ranging from $13,600 to $27,200 to seven entities operating without a license or breaching marketing regulations.
Australia's Police Confiscates Crypto Worth $6.4M in Crackdown on 'Ghost' Messaging App
3.10.2024
Australia's police has confiscated $6.4 million in cryptocurrency as part of a global crackdown on Ghost, an encrypted communications network, authorities allege was “built solely for the criminal underworld,” a statement said
Crypto Billionaire Flees London Over Offshore Tax Concerns
1.10.2024
Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled...
FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
26.9.2024
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers
Global Bitcoin Hashrate Moves to America Amid China’s Mining Ban
23.9.2024
In recent years, the global Bitcoin mining landscape has undergone a dramatic transformation. Once dominated by Chinese miners,…
Computer Scientist: China’s Crypto Crackdown Spurred Decentralization of Asia’s Web3 Infrastructure
21.9.2024
Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market...
German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown
20.9.2024
German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown...
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
10.9.2024
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications. The SEC aims to protect investors without...
South Korea joins global crackdown on Telegram, cites deepfakes
3.9.2024
South Korea has joined the growing list of global jurisdictions, launching a probe against Telegram over illicit content dissemination
South Korea joins global crackdown on Telegram, cites deepfakes
3.9.2024
South Korea has joined the growing list of global jurisdictions launching probes against Telegram over illicit content dissemination
Tanzania Reportedly Blocks X Amid Opposition Crackdown
1.9.2024
The East African nation of Tanzania has reportedly restricted access to the social media platform X (formerly Twitter). This ongoing outage has been confirmed by Netblocks, an internet observatory organization. The incident coincides with a police alert regarding alleged plans by the opposition...
SEC’s 1976 Art Gallery Ruling Resurfaces Amid OpenSea NFT Crackdown
29.8.2024
Ripple’s Chief Legal Officer Stuart Alderoty has revealed a decades-old SEC ruling that could have major implications for…
Telegram CEO Pavel Durov arrested in France: Law Decoded
26.8.2024
The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry
Telegram CEO Pavel Durov arrested in France: Law Decoded
26.8.2024
The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry