KuCoin operator Peken Global Limited cannot cater to U.S. users on its platform unless it registers as a foreign board of trade. …
case
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Regulation
Binance Seeks Out-of-Court Settlement in $2 Billion Nigerian Tax Case
by shayaanby shayaanBinance is reportedly discussing an out-of-court settlement with Nigerian authorities to resolve its ongoing tax evasion case. The Multi-Billion Dollar Legal Dispute …
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Regulation
Indian court says ‘no case’ against CoinDCX founders in impersonation fraud
by shayaanby shayaanA magistrate court in Thane, India, has granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, ruling that no …
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Regulation
SEC drops fraud case against BitClout founder Nader ‘Diamondhands’ Al-Naji
by shayaanby shayaanThe US Securities and Exchange Commission has agreed to dismiss its civil fraud lawsuit against Nader Al-Naji, the founder of the BitClout …
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In brief The SEC has jointly filed to end its case against BitClout founder Nader Al-Naji. The decentralized social media platform founder …
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In brief A Singapore court has sentenced Zhang Xinghua, 38, to two years in prison over a conspiracy linked to the theft …
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Regulation
CZ says CEXs have ‘zero motive’ to aid terrorists as court dismisses terrorism case
by shayaanby shayaanFormer Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a …
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A U.S. federal judge approved class action status in the Tether and Bitfinex market manipulation lawsuit. Investors claim $USDT issued between 2017 …
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Smart Contracts
SEC Moves to Settle Justin Sun Case With $10M Penalty for BitTorrent Owner
by shayaanby shayaanIn short The settlement would require Rainberry, the company behind BitTorrent, to pay a $10 million civil penalty. The SEC would dismiss …
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Dogecoin has a new utility pitch, and this one is aimed squarely at one of crypto’s most discussed institutional themes. In a …