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Libra Case Update: $57 Million Frozen, Investigations Progress


Legal actions against the Libra meme coin, which was shared by Argentina’s President Javier Milei, continue to progress. This week, Circle froze two addresses containing over $57 million in funds, while authorities investigate the involvement of individuals allegedly linked to the meme coin....

Ripple Proposes Legal Framework to Help SEC Regulate Crypto


Ripple is shaking the foundation of U.S. crypto regulation with a sweeping legal framework challenging SEC oversight, pushing for bold, market-friendly clarity on digital assets. Ripple Challenges SEC With Bold Legal Framework to Clarify Crypto Asset Status Ripple submitted a formal letter to...

Australian regulator takes former Blockchain Global director to court


Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global. Guo will face the court on “allegations relating to multiple breaches of his directors’ duties,” the Australian Securities...

Australian regulator takes former Blockchain Global director to court


Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global. Guo will face the court on “allegations relating to multiple breaches of his directors’ duties,” the Australian Securities...

Trump’s use of presidential seal at memecoin event raises legal questions


President Donald Trump is facing scrutiny after speaking at a private event for top investors in his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal — a move that may violate federal law.The event took place Thursday at Trump National Golf Club...

US Seizes $868K in Crypto From Dating Scam That Drained Wallets


Federal agents just seized $868K in crypto after busting a slick romance-fueled scam that funneled victims into fake digital asset platforms promising sky-high returns. Crypto Sting Unveiled: DOJ Seizes $868K After Web of Romance Turns Dark The U.S. Department of Justice (DOJ) announced on May...

US Recovers $2.5M in Crypto From Schemes Preying on Market FOMO


Federal agents recovered $2.5 million in crypto from fraudulent investment schemes, underscoring an aggressive push to restore trust and integrity across digital asset markets. Federal Agents Just Froze Millions in Crypto—Here’s What They Found The U.S. Department of Justice (DOJ) announced on...

Australian Regulator Appeals Ruling on Block Earner Crypto Offering


An Australian regulator announced plans to seek special leave from the High Court to appeal a recent ruling that determined cryptocurrency firm Block Earner’s offering was not a financial product. ASIC Seeks Definitive Ruling on What Constitutes a Financial Product The Australian Securities...

Microsoft takes legal action against infostealer Lumma


Tech giant Microsoft says it has taken legal action against the information-stealing malware Lumma Stealer and has blocked thousands of websites related to the software.Microsoft said in a May 21 blog post that a federal court in Georgia allowed the firm’s digital crimes unit to take down...

Safemoon CEO Found Guilty in Major Crypto Fraud, Could Serve 45 Years


Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced...

India Supreme Court Asks Government Why Crypto Still Isn’t Regulated


India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy. Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity The Supreme Court of India urged...

DCG, Barry Silbert Face $3.3 Billion in New Lawsuits From Genesis Creditors


The Genesis Litigation Oversight Committee has filed two lawsuits against Digital Currency Group in an effort to recover billions of dollars owed to Genesis Global Capital. Claims of Mismanagement and Fraud The Genesis Litigation Oversight Committee (LOC) has filed two lawsuits against Digital...

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