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Santander Bank Not Liable for Customer’s $750K Crypto Loss, Court Confirms
20.4.2025
A $750,000 crypto fraud lawsuit just hit a wall as the court ruled Santander had zero legal duty to stop authorized transactions, despite scam claims. Court Shuts Down $750K Crypto Lawsuit Against Santander Over Fraud Losses The Massachusetts Appeals Court, in an unpublished decision, affirmed...
Unpacking the DOJ's Crypto Enforcement Memo
19.4.2025
Legal experts say it may not significantly alter the types of cases the DOJ brings
Coinbase Clashes With Oregon in Surprise Crypto Lawsuit After SEC Exit
19.4.2025
Coinbase is going on the offensive as Oregon revives a discredited crypto crackdown, slamming the state’s lawsuit as politically driven and dead-on-arrival in court. Coinbase Rips Into Oregon for Rehashing SEC’s Collapsed Crypto Regulation-by-Enforcement Crypto exchange Coinbase revealed on April...
Operator of Brazilian Crypto Ponzi Scheme Sentenced to 128 Years in Prison
18.4.2025
The Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified as the main operator of Braiscompany, a Brazilian crypto scheme that raised over $100 million from nearly 20,000 investors. Brazilian Crypto Ponzi Scheme Operators...
Kyrgyzstan’s president signs CBDC law giving ‘digital som’ legal status
18.4.2025
Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project while also giving the “digital som” — the national currency in digital form — legal tender status.The law gives the National Bank...
Kyrgyzstan President Brings CBDC a Step Closer to Reality
17.4.2025
Kyrgyzstan President Sadyr Japarov signed amendments that provide its digital som legal status
$2.5M Crypto Scheme Busted: Nigerian Suspect Tracked to US Custody
12.4.2025
A globe-spanning crypto romance scam that funneled $2.5 million through digital wallets has unraveled, exposing a mastermind now staring down 40 years behind bars. Feds Hunt Down Suspect in $2.5M Crypto Scam—Now He Faces 40 Years in Prison The U.S. Department of Justice (DOJ) announced on April...
Woman Recovers $35K Lost to Bitcoin Scam After Statewide Cyber Pursuit Ignites
12.4.2025
More than $35,000 has been recovered after a bitcoin scam targeted an elderly victim, signaling a major win for cybercrime investigators in Ohio. $35K Recovered After Pop-up Bitcoin Scam Targets Victim and Sparks Statewide Probe Investigators with the Ohio Bureau of Criminal Investigation (BCI)...
Helium Cleared: SEC Dismisses Unregistered Securities Claims
11.4.2025
The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange...
Argentine Congress to Formally Investigate Government Officials’ Involvement With Libra
11.4.2025
The lower chamber of the Argentine Congress approved the creation of a commission to formally investigate the involvement of government officials with Libra, the cryptocurrency shared by President Javier Milei. The group will begin its investigative work on April 23. Argentine Congress to Open...
Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion
11.4.2025
Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF). According to an April 9 court filing, the parties agreed to settle...
Historic: Cryptocurrency Assets Are Now Legally Seizable in Brazil
7.4.2025
In a historic decision, the National High Court of Brazil decided that when funds are not available for seizure in the banking system, judges can directly send letters to cryptocurrency exchanges to investigate if debtors have crypto and seize it. National High Court of Brazil Establishes...
A defendant tried to use an AI avatar in a legal appeal. It didn't work
7.4.2025
A defendant in a New York appeals court has been slammed by a judge for using an artificial intelligence avatar to represent himself in a recent case. A New York appeals court faced an unusual situation in late March when Jerome Dewald, representing himself in an employment dispute, submitted...
A defendant tried to use an AI avatar in a legal appeal. It didn't work
7.4.2025
A defendant in a New York appeals court has been slammed by a judge for using an artificial intelligence avatar to represent himself in a recent case. A New York appeals court faced an unusual situation in late March when Jerome Dewald, representing himself in an employment dispute, submitted...
Crypto Firm Sentenced for AI Token Wash Trading After DOJ Undercover Sting
6.4.2025
Federal agents posed as a crypto startup to expose CLS Global’s role in AI token wash trades, revealing deceptive algorithms used to fake market demand. Secret DOJ Sting Exposes Crypto Wash Trades With AI Token as the Bait The U.S. Department of Justice (DOJ) announced on April 2 that CLS Global...
First Digital to 'Pursue Legal Action' Over Justin Sun Allegations as FDUSD Drops
2.4.2025
The stablecoin deviated from its price peg as Tron founder Justin Sun claimed that First Digital Trust is "effectively insolvent," a characterization the company pushed back on
Lack of Disclosure on LUNA Costs Galaxy Digital $200 Million
2.4.2025
Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests. Galaxy’s LUNA Disclosure Failure Violated NY Laws Michael...
Crypto Exchange OKX Appoints Linda Lacewell as New Chief Legal Officer
1.4.2025
Lacewell joined the exchange as a board member last year having previously served as Superintendent and head of the New York Department of Financial Services
Torpedo Bats Aren't Technically Cheating, But Still Causing Controversy In The MLB
31.3.2025
Some oddly-shaped baseball bats have become a hot topic among fans and players, after the Yankees’ so-called “Torpedo Bats” seemingly helped some sluggers hit multiple home runs. Read more
OKX Chief Legal Officer Mauricio Beugelmans Leaves the Exchange
31.3.2025
According to Beugelmans’ Linkedin profile, he spent three years and eight months at the exchange