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The Crypto Lawsuit State of Play


Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It's the latest company to follow a growing trend...

Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges


Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...

Distilling the Tornado Cash and Samourai Suits


There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing services. The arrest ramps up the federal government's efforts to tamp down on what it sees as money...

The Ever-Dwindling Chances for a Stablecoin Law


Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?

Looking at Sam Bankman-Fried's Appeals Process


As expected, Sam Bankman-Fried's legal team filed a notice of his intent to appeal his conviction on fraud and conspiracy charges. So far all we have is just the notice – the actual brief won't come for some time yet

What a Judge Said About the SEC's Suit Against Coinbase


Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening

Binance Is Having an Odd Time


Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody

Does Sam Bankman-Fried Deserve 50 Years in Prison?


The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried's family and friends (from...

Stellar Blade’s Sexiest Outfit Comes With Deadly Consequences


Sony might’ve yanked the Stellar Blade demo from the PlayStation store after hitting the Big Red Button a little too early, but folks still managed to get some hands-on time with developer Shift Up’s stylish character action game. As a result, some new details have come to light about the...

Wyoming Grants DAOs New Legal Structure


Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an "oasis."

How the SEC's Recent Win May Play in Its Coinbase, Binance Cases


A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission's motion for a default ruling

Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years


Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five conspiracy charges

Here’s How Much Space You Need To Clear For Final Fantasy VII Rebirth


Final Fantasy VII Rebirth, part two of the trilogy remaking one of the greatest RPGs of all time, arrives on PS5 on February 28, 2024. As is customary these days when it comes to large games, you can all but count on needing to make some space on that SSD of yours. Read on to find out just how...

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