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Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

[May 7 3:59 PM] U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange.

EU crypto regulations undermined by lack of enforcement, say observers

[May 7 9:44 AM] The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.

Crypto firms to see more enforcement actions within 2 years — CFTC chair

[May 6 2:59 PM] Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation.

Coinbase faces new lawsuit over alleged investor deception

[May 5 3:23 AM] The plaintiffs claim Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), Algorand (ALGO), Uniswap (UNI), Tezos (XTZ), and Stellar Lumens (XLM) are securities.

BTC-e founder pleads guilty in $9 billion laundering conspiracy

[May 4 3:48 AM] A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.

Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement

[May 2 3:52 PM] Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.

Nigerian court postpones money laundering trial of Binance and execs

[May 2 9:46 AM] A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents.

Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?

[May 2 7:45 AM] Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin.

Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?

[May 1 11:31 AM] One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in.

Changpeng Zhao four-month prison sentence lighter than expected

[Apr 30 1:52 PM] Prosecutors initially sought to charge the former Binance executive with 36 months.

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

[Apr 30 1:03 PM] Changpeng Zhao, also known as CZ, pleaded guilty in November to violating U.S. money laundering laws and had been free to travel in the United States on a $175 million bond.

Samourai Wallet co-founder pleads not guilty, released on $1M bond

[Apr 29 3:49 PM] The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court.

Terraform proposes $1M penalty for SEC case, no relief or disgorgement

[Apr 29 3:30 PM] Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case.

South Korean ministries look to upgrade status of crypto crime unit

[Apr 29 1:30 PM] The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.

US stablecoin bill to ‘cement’ dollar dominance, fight sanction evasion

[Apr 29 7:41 AM] The Lummis-Gillibrand Payment Stablecoin Act is a step in the right direction, but enactment in an election year may be difficult.

DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer

[Apr 28 9:04 PM] DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”

DOJ challenges motion to dismiss Tornado Cash co-founder’s charges

[Apr 28 1:28 AM] According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses.

Taiwan prosecutors target 20-year sentences for ACE exchange suspects

[Apr 27 5:45 AM] According to the prosecutors, the increased scale of the losses justifies the sentence recommendation.

John Deaton files amicus brief in support of Coinbase appeal against SEC

[Apr 26 2:35 PM] The lawyer said he had filed a brief on behalf of 4,701 Coinbase customers for no charge as part of his advocacy work in the crypto space.

Binance wants the court to know US government’s position on USDC

[Apr 26 12:33 PM] The U.S. government’s arguments on stablecoins in an unrelated criminal case could bolster Binance’s position in its civil case with the SEC.

UK police authorized to seize criminal crypto holdings without arrests

[Apr 26 6:42 AM] From April 26, police can transfer seized illicit crypto to their controlled wallets, with victims able to reclaim funds from the accounts.

EU enacts crypto regulations to combat money laundering

[Apr 25 1:16 AM] The new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.

Changpeng Zhao could serve time in the same facility as ‘crypto-anarchist’ Jim Bell

[Apr 24 3:07 PM] An expert in U.S. federal prisons suggested that the former Binance CEO, if sentenced to incarceration, could face the risk of “theft and extortion” from other inmates.

Do Kwon appeals Montenegrin court decision, claiming ‘unfounded and illegal’ interpretation

[Apr 24 1:34 PM] The question of the Terraform co-founder’s extradition to either the U.S. or South Korea has been bouncing between lower and higher courts in Montenegro for months.

US authorities arrest and charge new figure in OneCoin scheme — who is William Morro?

[Apr 24 10:41 AM] Reports suggested that the latest individual to be charged in connection to the crypto scheme was associated with Gilbert Armenta, the boyfriend of OneCoin founder Ruja Ignatova.

Binance exec will remain in Nigerian custody until May 17 bail hearing: Report

[Apr 23 3:36 PM] The question of Tigran Gambaryan’s bail in Nigeria was expected to be addressed in an April 22 hearing, which has reportedly been pushed back to May 17.

The SEC’s Shot Across the Bow on 'AI Washing'

[Apr 2 3:25 PM]

Craig Wright Was Finally Called Out in Court and Hodlonaut Is Celebrating

[Mar 14 2:43 PM] “It hasn't always been easy, but I'm very happy that I stood my ground,” says Hodlonaut of his long legal fight with Craig Wright, who claimed, falsely, to be Satoshi Nakamoto.

New York Offers New Virtual Currency Guidance

[Dec 22, 2023 2:00 AM] On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business…

UK plan on digital securities sandbox laid before Parliament

[Dec 18, 2023 2:55 PM] The regulations will take effect on Jan. 8, with the Bank of England and U.K. Financial Conduct Authority operating the sandbox.