The crypto platform’s penalty was sharply reduced due to its ability to pay, according to U.S. authorities. www.coindesk.com
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Regulation
US Critical Institution FDIC Loses a Cryptocurrency-Related Case! Here Are the Details
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC), an independent government agency operating under the federal government in the United States, lost a lawsuit …
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The biggest Bitcoin mining facility in Russia, BitRiver, has found itself in an expanding legal and financial crisis that is currently throwing …
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The U.S. Securities and Exchange Commission has dismissed its civil enforcement action against Gemini Trust Company, LLC, with prejudice. The dismissal follows …
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The crypto industry got a chance to make a full-throated appeal for Congress to finally intervene and set legal standards for digital …
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The U.S. Securities and Exchange Commission (SEC), Binance and its former CEO Changpeng Zhao (CZ) filed a motion to stay their case …
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Regulation
China Sentences Ex-Regulator to 11 years Over Bitcoin Corruption Case
by shayaanby shayaanA Beijing court has sentenced Hao Gang, a former deputy director of the Beijing Financial Bureau, to 11 years in prison for …
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Analysis
Here’s What Crypto’s ‘Killer Use Case’ Will Be in the Future, According to CryptoQuant CEO
by shayaanby shayaanThe chief executive of market intelligence firm CryptoQuant is identifying a “killer” future use case for crypto assets. In a new thread, …
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The once-celebrated crypto mogul turned convicted fraudster, Faruk Fatih Ozer, the founder of the collapsed Turkey-based crypto exchange Thodex, has secured a …
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Regulation
Will XRP Lawsuit End Today? SEC Closed-Door Meeting Stirs Ripple Case Rumors
by shayaanby shayaanA closed-door meeting of the U.S. Securities and Exchange Commission (SEC) on January 30 has sparked new speculation about the future of …