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Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues

Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought…

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Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case

Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role…

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Brazilian Authorities Launch Operation Targeting Entities Facilitating Crypto Money Laundering

The Brazilian Federal Police launched Operation Alcacaria this Wednesday, aiming to thwart the action of a network focused on providing money laundering services using cryptocurrency. The operation involved 62 search…

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DC Circuit Court Rules Kalshi’s US Election Bets Legal

This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts…

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DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth…

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Swan Bitcoin Alleges Ex-Employees Conspired to Steal Mining Business

A newly filed lawsuit claims that Swan Bitcoin, a financial services company focused on bitcoin, is accusing former employees of trying to hijack its “billion-dollar bitcoin mining business.” According to…

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NY Judge Denies Tornado Cash Developer’s Motion to Dismiss, Trial Set for December

Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his motion to dismiss criminal charges. District Judge Katherine Polk Failla…

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Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center…

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UK Court Recognizes USDT as ‘Distinct Form of Property’

A High Court of England and Wales has ruled that stablecoin tether (USDT) is recognized as property under English law. The court clarified that cryptocurrencies, despite not being physical assets,…

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Indian Court Bars Police From Freezing Entire Bank Accounts in Crypto Fraud Probes

An Indian High Court has ruled that police cannot freeze entire bank accounts during fraud investigations. Only fraud-related amounts in bank accounts can be frozen. The decision followed a case…

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