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This Is How Much Binance and CZ Will Actually Have to Pay to Settle With the CFTC

Major crypto exchange Binance will pay $2.7 billion in disgorgement and penalty to the Commodity Futures Trading Commission (CFTC), thereby concluding the regulator’s enforcement action against the company. Binance founder…

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US DOJ Charges 4 Individuals for Laundering Over $80M From Crypto Investment Scams

The United States Justice Department (DOJ) has charged four people for their alleged roles in laundering millions of dollars from cryptocurrency investment scams. According to a press release from the…

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SEC Denies Coinbase’s Rulemaking Petition, But Some Agency Commissioners Disagree

The United States Securities and Exchange Commission (SEC) has responded to Coinbase’s petition, seeking a tailored regulatory framework for the crypto market, stating that the rulemaking petition is “unwarranted.” However,…

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Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds

A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with another unnamed decentralized exchange (DEX). Ahmed will…

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CoinList to Pay OFAC $1.2 Million in Settlement Over Allegations of Violating Sanctions

Cryptocurrency exchange and token listing platform CoinList agreed to pay the Office of Foreign Assets Control (OFAC) of the United States Department of Treasury over $1.2 million in settlement relating…

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New Deadline Date for Invesco Galaxy’s Spot Ethereum ETF Revealed as SEC Postpones Decision

The US Securities and Exchange Commission (SEC) has extended its decision on whether to approve or disapprove a spot Ethereum exchange-traded fund (ETF) application by investment management company Invesco and…

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