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This scenario could spark Gary Gensler’s resignation: Former SEC official
14.8.2023
John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024
Coinbase gains legal support as scholars file amicus brief
13.8.2023
In their filing, the legal practitioners advocated for the Court to steadfastly adhere to the established definition of the term 'investment contract' when interpreting its scope
French Regulator Revises Crypto Rules to Align With EU’s MiCA Law
13.8.2023
France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...
3AC co-founder avoids contempt charges following evidence of Singaporean citizenship
11.8.2023
Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court's jurisdiction
3AC co-founder avoids contempt charges following evidence of Singaporean citizenship
11.8.2023
Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court's jurisdiction
Tekken Producer Has Had Enough With The 'Silly' Death Threats
11.8.2023
No one likes death threats or otherwise intimidating remarks that threaten violence. Such comments are callous, dehumanizing, pointless, unproductive, and do nothing for anyone. Tekken producer Katsuhiro Harada made that expressly clear, telling folks to not ask him for shit if all they’re going...
Digital Currency Group Strikes Back: Motion to Dismiss Gemini’s Lawsuit Filed
11.8.2023
Digital Currency Group (DCG) has filed a motion to dismiss the lawsuit brought against them by Gemini Trust Company, LLC. The motion, filed in the Southern District of New York, argues that Gemini’s allegations of fraudulent misrepresentations related to the Gemini Earn program are without...
Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it's a PR campaign
10.8.2023
Gemini’s complaint filed in July alleged DCG and Barry Silbert had made "false, misleading, and incomplete representations and omissions" related to Genesis and the Earn program
“Right To Mine” Arkansas crypto law finding more rejection, attention turns to Borroe’s unique fee structure
10.8.2023
The state of Arkansas has recently garnered attention for its efforts to regulate Bitcoin mining through the proposed Arkansas Data Centers Act of 2023. While this bill aims to establish a framework for mining operations, it has not been without its challenges, encountering both approval...
Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order
10.8.2023
Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely be restricted from moving funds over $10,000
FTX debtors and UCC clash over asset control in restructuring
10.8.2023
FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries
SEC use of Terraform ruling hints Coinbase dismissal motion attack plan
10.8.2023
The SEC claims a court ruling gives it authority over crypto, setting up a possible counter-argument in dismissal motions brought against it
Federal judge suggests Q2 2024 trial for SEC case against Ripple execs
9.8.2023
Aiming for a jury trial to start between April 1 and June 30, 2024, Judge Analisa Torres laid out deadlines for the SEC and Ripple defense lawyers to submit certain motions
EOS Foundation urges creditors to reject $22M Block.one settlement
9.8.2023
The EOS Network Foundation has called on plaintiffs to drop the $22 million settlement with Block.one weeks after initiating a new class action
Canadian police reported using Chainalysis Reactor to trace crypto crimes
9.8.2023
Police now have the ability to trace blockchain transactions, identify suspects and determine where funds have been deposited
Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations
9.8.2023
Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has acquired the capacity to trace cryptocurrency...
FTX’s former law firm hit with lawsuit alleging it set up ‘shadowy entities’
9.8.2023
The suit claims “shadowy entities” set up by Fenwick & West were allegedly used by FTX and former top executives to misappropriate customer funds
Former FTX exec Ryan Salame and US prosecutors are discussing a plea deal: Report
8.8.2023
It's unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October
FTX has a plan, but creditors are not impressed: Law Decoded
7.8.2023
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan
Russia Recognizes Digital Currencies of Other Nations
6.8.2023
The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign...