Topic
BitcoinBeginnerThe Arkansas House of Representatives has taken a step towards potentially restricting cryptocurrency mining operations within the state. On Wednesday, lawmakers approved two separate bills that could significantly impact the industry. These bills don’t immediately become law, but they signal a…
#crypto#government#law
The Australian Securities and Investments Commission (ASIC) is challenging a court decision that ruled in favor of Finder Wallet, a subsidiary of Australian fintech company Finder.com. The dispute centers on Finder Wallet’s “Earn” product, a service that allows users to convert Australian dollars…
#court#defi#law
GeneralBeginnerThe U.S. Securities and Exchange Commission (SEC) has been hit with sanctions for its handling of a lawsuit against a crypto firm called Debt Box. A federal judge ruled that the SEC’s actions constituted a “gross abuse of power” and undermined the integrity of the judicial process. The case…
#court#law#sec
BitcoinBeginnerAttestor, a London-based investment firm, has filed a lawsuit against Lemma Technologies, according to a Bloomberg report on March 18th. The lawsuit comes after Attestor saw a significant increase in the value of its FTX bankruptcy claims. Attestor was one of the biggest buyers of assets from the…
#court#crypto#ftx
BitcoinBeginnerCoinbase, a major cryptocurrency exchange, is pushing back against two US senators’ call for the Securities and Exchange Commission (SEC) to halt approvals of Bitcoin ETFs (Exchange-Traded Funds). The senators, citing concerns about market manipulation and potential investor harm in the…
#crypto#etfs#government
GeneralBeginnerNigerian cryptocurrency enthusiasts are divided over the government’s request for Binance, a major cryptocurrency exchange, to disclose information about its top 100 users in the country. This move comes amid a broader crackdown on crypto activity by Nigerian authorities. Supporters of disclosure…
#crypto#government#law
ArbitrumBeginnerThe Arbitrum DAO has withdrawn a proposal seeking to allocate nearly $1.3 million worth of its cryptocurrency (ARB tokens) to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The proposal, submitted earlier this month, sparked debate within the Arbitrum community.…
#crypto#law
GeneralBeginnerDigital Currency Group (DCG), the venture capital firm behind Grayscale Investments and cryptocurrency lender Genesis, is fighting back against a hefty lawsuit filed by the New York Attorney General’s Office (NYAG). DCG and its CEO, Barry Silbert, have submitted motions to dismiss the $3 billion…
#crypto#law#new-york
GeneralBeginnerYuga Labs, a nonfungible token (NFT) company, will remove its collections from NFT marketplaces that do not provide royalties to all creators. On February 26, Yuga, the firm behind the popular Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) collections, declared on X (previously…
#law#nfts#south-korea
GeneralBeginnerA US judge has approved Binance’s guilty plea and a hefty penalty exceeding $4.3 billion. This decision follows a prolonged investigation by US prosecutors and regulators, uncovering internal control failures at the world’s largest cryptocurrency exchange. The $4.3 billion penalty encompasses a…
#binance#crypto#law
GeneralBeginnerThe sentencing for Changpeng “CZ” Zhao, founder and CEO of Binance, the world’s largest cryptocurrency exchange, has been postponed until late April 2024. Originally scheduled for February 23rd, this delay adds another layer of uncertainty to the ongoing legal battle concerning money laundering…
#binance#changpeng-zhao#court
