1 / 24 Relevant items tagged with #Law

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SEC asks court for four months to produce documents for Coinbase

[today 3:56 PM] The financial regulator requested an extension until February 2025 to review “at least 133,582 unique documents” as part of discovery motions with Coinbase.

Partner of ex-FTX exec pleads not guilty to campaign finance charges

[yesterday 4:10 PM] Michelle Bond was free on a $1-million bond and restricted from traveling outside the continental US, while her partner, Ryan Salame, is expected to report to prison on Oct. 11.

US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing

[Sep 17 9:26 PM] Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.

Is an ex-Celsius exec planning to attend Token2049?

[Sep 16 7:07 PM] The timing of a travel request filed by Roni Cohen-Pavon in US court coincides with a crypto conference that Celsius executives have previously attended.

UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK

[Sep 16 2:00 PM] UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.

‘Explosion’ in election gambling will harm public interest: CFTC

[Sep 16 3:14 AM] The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”

UK Court Recognizes USDT as ‘Distinct Form of Property’

[Sep 15 11:15 PM] 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, can be treated similarly to tangible and intangible…

Sam Bankman-Fried files appeal for felony conviction

[Sep 13 7:47 PM] Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial, was convicted of seven felony counts, and was sentenced to 25 years in prison.

North Carolina resists the CBDC tide with new payments ban

[Sep 13 2:00 PM] A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

Judge questions if ex-FTX exec perjured himself in guilty plea

[Sep 12 5:02 PM] At a Sept. 12 hearing, Judge Lewis Kaplan moved up Ryan Salame’s reporting date by two days and considered vacating his guilty plea.

UK gov’t introduces bill to clarify crypto’s legal status

[Sep 11 5:14 PM] The proposed legislation would create an additional property category under UK law, identifying digital assets as “things.”

Caroline Ellison asks for time served, citing cooperation with US gov’t

[Sep 11 3:41 PM] The elusive former CEO of Alameda Research will return to court on Sept. 24 for sentencing after pleading guilty to fraud and money laundering in 2022.

India tops global crypto use despite offshore exchange ban

[Sep 11 11:58 AM] India ranked first in Chainalysis’ 2024 Global Crypto Adoption Index, in addition to ranking second in the CSAO region in terms of crypto value received.

Judge issues temporary stay in Kalshi v. CFTC election betting case

[Sep 9 8:08 PM] Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections.

Coinbase secures partial victory over SEC in motion to compel discovery

[Sep 6 8:53 PM] Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order.

Celebrities boost crypto projects but don’t guarantee legitimacy

[Sep 6 1:30 PM] In some cases, celebrity backing for a crypto project is a red flag because it’s a scam ad made by criminals. 

Nigerian judge pushes Binance exec’s bail hearing to Oct. 9

[Sep 4 6:26 PM] Detained in Nigeria for more than six months and with reported health problems, Tigran Gambaryan awaits a judge’s decision following another bail application.

CFTC charges Uniswap with illegal derivatives trading

[Sep 4 5:13 PM] One CFTC commissioner dissented, calling the action “regulation by enforcement.”

Brazil’s X ban: Are VPN users at risk for accessing the platform?

[Sep 4 1:06 PM] VPN providers agree that tracking individuals accessing X via VPNs in Brazil would be challenging but not impossible.

What the California AI ‘killswitch’ bill means for decentralized AI

[Aug 31 1:00 PM] The AI industry is split over new legislation in California that would implement a sort of emergency stop in AI systems.

Judge orders ex-FTX exec to appear after request to vacate guilty plea

[Aug 30 6:28 PM] Despite withdrawing a petition to void his guilty plea, Ryan Salame must appear in a New York courtroom on Sept. 12 as scheduled.

Chinese ‘CoinGecko’ investigated by local police — Report

[Aug 30 10:54 AM] Launched in 2017, Feixiaohao is one of the many Chinese websites that remained operational even after the major cryptocurrency ban was enforced in China in 2021.

Ex-FTX exec scraps vacating guilty plea, refers matter to partner’s case

[Aug 29 9:49 PM] Former FTX Digital Markets co-CEO Ryan Salame pleaded guilty to two felony charges in September 2023 and was sentenced to 90 months in prison in May 2024.

In prison and awaiting sentencing — Where are the FTX execs now?

[Aug 29 5:10 PM] Sam Bankman-Fried faces 25 years behind bars, while the fate of four others indicted in the case has largely yet to be determined.

Has Telegram violated EU laws, and why has its founder been charged in France?

[Aug 29 12:51 PM] As Telegram CEO and founder Pavel Durov is now released on a $5.6 million bail, France, as an EU member state, continues working on the case.

Crypto advocates criticize SEC notice to OpenSea

[Aug 28 7:45 PM] It’s unclear whether the SEC will pursue an enforcement action against the OpenSea marketplace, but its CEO alleged regulators “believe NFTs on our platform are securities.”

Telegram CEO Durov has visited Russia repeatedly since 2014: Report

[Aug 28 7:34 AM] The Important Stories investigation seemingly contradicts Durov’s public claims. 

Calls to release Binance exec intensify after 6 months in Nigerian detention

[Aug 27 4:27 PM] Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.

AI vs. human leadership: Debate over plan to govern Cheyenne with AI

[Aug 27 1:30 PM] AI technology could drastically reduce inequalities and expand access to services in local and state governments, many believe.

US authorities oppose ex-FTX exec’s motion to void plea deal

[Aug 26 5:01 PM] The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.