How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly "purpose-built to comply with federal securities laws" and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase.
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Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?
The Author’s Guild launches class-action lawsuit against OpenAI
The Author’s Guild opened a lawsuit against OpenAI, alleging misuse of copyrighted material in training of its AI models.
Meta refutes claims of copyright infringement in AI training
In a lawsuit against Sarah Silverman and other authors Meta claims its AI system does not create copyright infringing material.
Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.
Judges weigh early release for Sam Bankman-Fried as lawyers push First Amendment issues: Report
A panel of three judges at the 2nd U.S. Circuit Court of Appeals in New York reportedly will consider requests from Sam Bankman-Fried’s lawyers for early release from jail.
Indian state governments spur blockchain adoption in public administration
Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology.
FTX founder’s parents sued, accused of stealing millions from crypto exchange
According to the allegations, Sam Bankman-Fried’s father, Joseph Bankman, was a “de facto officer” at FTX Group.
Lawyer who laundered $400M from OneCoin scam denied new trial: Report
A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in…
SEC embroiled in court cases; Hester Peirce says crypto firms shouldn’t give up on US
The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement…
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