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SEC Charges Bitclout Founder With Multi-Million-Dollar Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has charged Nader Al-Naji, founder of Bitclout (now Decentralized Social), with running a multi-million-dollar fraudulent crypto scheme. Al-Naji allegedly raised over $257 million…

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Central Bank of Brazil Aims to Finalize Crypto Exchange Regulation by Early 2025

According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second…

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SEC charges BitClout founder Nader ‘Diamondhands’ Al-Naji with wire fraud, civil securities violations

The SEC's charges against Al-Naji highlight the increasing regulatory scrutiny and potential legal risks in the crypto industry. The post SEC charges BitClout founder Nader ‘Diamondhands’ Al-Naji with wire fraud,…

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SEC seeks to redefine Solana and other crypto asset securities in amended complaint against Binance

The SEC's redefinition of crypto asset securities could significantly impact regulatory frameworks and market dynamics for digital assets. The post SEC seeks to redefine Solana and other crypto asset securities…

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Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders

A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39,…

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SkyBridge’s Anthony Scaramucci backs Trump’s Bitcoin policies but urges caution

Scaramucci's support for Trump's Bitcoin policies highlights the need for bipartisan cooperation in crypto regulation despite political risks. The post SkyBridge’s Anthony Scaramucci backs Trump’s Bitcoin policies but urges caution…

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Vivek Ramaswamy Predicts Trump’s Crypto Advantage and Harris’ Digital Asset Policy

Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from pro-bitcoin and pro-crypto voters while Vice President Kamala Harris will “scramble to…

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Who Will Replace Gensler? Winklevoss Urges Crypto Industry to Demand SEC Chair Decision Before Election

Gemini co-founder Tyler Winklevoss has urged the crypto industry to demand to know who the next U.S. Securities and Exchange Commission (SEC) chair will be before the election. He also…

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SEC Greenlights NYSE Arca to List Grayscale Bitcoin Mini Trust

The SEC has approved NYSE Arca’s proposal to list and trade shares of the Grayscale Bitcoin Mini Trust. Grayscale’s new trust will feature competitive fees. “This approval order is based…

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