Changpeng Zhao four-month prison sentence lighter than expected
[Apr 30, 2024 1:52 PM] Prosecutors initially sought to charge the former Binance executive with 36 months.
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Ex-Binance CEO Changpeng Zhao sentenced to four months in prison
[Apr 30, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 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, 2024 3:25 PM]
Craig Wright Was Finally Called Out in Court and Hodlonaut Is Celebrating
[Mar 14, 2024 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.
UK Publishes Regulations for a Digital Securities Sandbox
[Dec 18, 2023 11:51 AM] The sandbox will let regulators and companies test solutions, including distributed ledger technology, to tokenize securities.
SEC faces accusations of contradiction in Coinbase rulemaking dispute
[Dec 16, 2023 4:05 AM] XRP holder’s lawyer, John Deaton, stated that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC Chairman’s statements during his congressional testimony earlier this year.
Ripple’s Legal Chief predicts crypto landscape shifts in 2024
[Dec 16, 2023 1:49 AM] Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit in 2024 and lawmakers on Capitol Hill agreeing on the need for crypto regulations.
Majority of UK MPs ‘lack crypto knowledge,' says industry association
[Dec 14, 2023 3:00 PM] According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government.
Is El Salvador’s Bitcoin gambit finally paying off?
[Dec 14, 2023 8:01 AM] The rise in El Salvador’s bond prices “almost defies gravity,” and it may soon have access to Eurobond markets, said Santander Bank.
3AC co-founder Su Zhu set to be released by year-end after court grilling: Report
[Dec 13, 2023 6:20 AM] Three Arrows Capital co-founder Su Zhu has faced his first interrogation in a Singapore court and is reportedly set to be released soon.
IRS lists 4 crypto crimes among its top cases in 2023
[Dec 12, 2023 1:56 PM] The cases included investigations into the Silk Road marketplace, OneCoin, Oyster Protocol founder “Bruno Block,” and a money laundering scheme using Bitcoin kiosks.
Terra co-founder Do Kwon will stay in Montenegro until February: Report
[Dec 12, 2023 11:32 AM] The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after serving a prison sentence in Montenegro for using falsified travel documents.
EU officials reach 'historic' AI regulation deal
[Dec 9, 2023 2:46 AM] The agreement mandates models like ChatGPT and general AI to follow transparency rules before market entry.