SafeMoon CEO Bail Approved, Then Halted
SafeMoon, a project whose goal was to “safely” moon a token – mostly by preventing holders from cashing out with large fees – plummeted once investors found out that the…
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Oyster Protocol Founder Receives Four-Year Sentence for Tax Evasion
Amir Bruno Elmaani, famously known in the cryptocurrency world as “Bruno Block” and the founder of the Oyster Protocol has been sentenced to four years in prison for tax offenses…
Pro-Crypto Lawmakers Call for Swift DOJ Investigation into Binance and Tether
In a surprising development, Senator Cynthia Lummis and Representative French Hill, popular pro-crypto lawmakers, have urged the U.S. Department of Justice to expedite the investigation against Binance and Tether for…
Crypto Giants Gemini, Genesis, and DCG Hit with Billion-Dollar Lawsuit by NY Attorney
New York Attorney General Letitia James has taken decisive action against major players in the cryptocurrency industry, filing a lawsuit against Gemini Trust, Genesis Global Capital, and Digital Currency Group…
SBF seeks to probe FTX lawyers’ roles in $200M Alameda loans
Sam Bankman-Fried’s legal team is seeking permission to cross-examine Gary Wang over FTX lawyers' involvement in Alameda loan approvals.
CBDC frameworks must guard user privacy, monetary freedom — BIS chief
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC users’ privacy and maintain monetary freedom.
UK Law Commission recommends ‘distinct’ legal category for crypto
The U.K.’s Law Commission highlights four major recommendations to reform laws relating to cryptocurrency use and ownership.
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF
The IMF has suggested that El Salvador “reconsider” its plans for Bitcoin, following a recent visit to the country.
Coin Center Sues US Treasury Over Tornado Cash Ban — Lawsuit Says Government’s Action ‘Was Unlawful’
The non-profit that focuses on policy issues facing cryptocurrencies, Coin Center, has filed a lawsuit against the Treasury department, the secretary of the Treasury Janet Yellen, and the Office of…
Coin Center Says OFAC’s Tornado Cash Ban ‘Exceeds Statutory Authority,’ Plans to ‘Engage’ With US Watchdog
On August 15, the non-profit that focuses on policy issues facing crypto assets, Coin Center, published a blog post that says the organization is looking at the legality of the…