[Dec 20 5:30 PM] Interestingly, Haliey Welch was not listed as a defendant in the lawsuit and her most recent response may explain why. HAWK Memecoin Investors File Suit Disgruntled investors will finally have their day in court after buying the HAWK memecoin on…
[Dec 19 11:30 AM] Coinbase announced in November that it would delist WBTC on December 19, after the token became affiliated with Tron founder Justin Sun. Coinbase and Bit Global Clash in Court Over WBTC Delisting California judge Araceli Martínez-Olguín gave crypto…
[Dec 18 11:30 AM] Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing…
[Dec 18 4:30 AM] Law enforcement’s swift action seized $900,000 in bitcoin from a Nigerian fraud scheme, and its soaring value may fully reimburse victims of a $1 million scam. Bitcoin Boom: Law Enforcement’s Quick Move Recovers Millions for Scam Victims The U.S…
[Dec 18 12:30 AM] Binance was the first to receive a cease-and-desist letter from lawyers representing the social media influencer. PNUT Meme Coin Listings Trigger Potential Litigation Mark Longo owner of Peanut – the squirrel that rose to national stardom after it…
[Dec 16 7:45 PM] The Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money…
[Dec 16 8:30 AM] The upcoming delisting of Wrapped BTC (WBTC) from the Coinbase platform and the legal battle between the exchange and Bit Global have sparked a series of social media skirmishes between Bit Global-linked Justin Sun and Coinbase CLO Paul Grewal…
[Dec 16 1:30 AM] An Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken…
[Dec 14 6:30 AM] Following Gary Gensler’s resignation, Paul Atkins was nominated to take over as the new Chairman of the SEC—the approval of which would mark his return to the Commission after a 17-year hiatus and could mark a drastic change for the crypto industry…
[Dec 14 12:30 AM] An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard…
[Dec 13 8:05 PM] Bit Global has filed a $1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of…
[Dec 13 4:08 PM] Follow Nikolaus On 𝕏 Here For Daily Posts An Austin, Texas man, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported the capital gains from selling $3.7 million worth of bitcoin…
[Dec 6 5:20 PM] In November, the SEC published just one crypto-related litigation release, alleging a $115 million securities fraud scheme against Eng Taing and his company, Touzi Capital, LLC. According to the Complaint, Taing promised investors the chance to…
[Dec 5 4:40 PM] Roger Ver, a prominent figure in the cryptocurrency world known as “Bitcoin Jesus,” has filed a motion to dismiss an eight-count U.S. tax indictment, claiming unconstitutional government overreach and misuse of evidence. Roger Ver…
[Dec 4 3:32 PM] In early November, SEC Commissioner Hester Pierce delivered a fierce speech emblematic of her pro-crypto stance, offering a critique of her agency’s hostile treatment of digital assets and other innovative financial technologies in the United…
[Nov 27 12:28 PM] The U.S. Court of Appeals for the Fifth Circuit has overturned a lower court’s decision upholding sanctions against Tornado Cash, a decentralized cryptocurrency mixer. This decision reignites debate over privacy and regulatory limits in the…
[Nov 27 8:30 AM] According to a recent decision from the US District Court for the Northern District of California, decentralized autonomous organizations, or DAOs, may not provide the liability protection the industry once thought. In a seminal case, a Federal…
[Nov 26 1:34 PM] Swan Bitcoin is suing its law firm for attempting to withdraw from a trade secrets case due to a conflict of interest with another client. Misappropriated Trade Secrets Cryptocurrency financial services firm Swan Bitcoin has filed a lawsuit against…
[Nov 22 11:30 PM] In the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and…
[Nov 21 2:30 AM] A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published…
[Nov 20 10:30 PM] In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible…
[Nov 20 7:40 PM] Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or…
[Nov 20 1:45 PM] The arrest and extradition battle of Roger Ver has ignited the #FreeRoger movement, a grassroots campaign calling attention to what advocates see as the misuse of legal systems to suppress dissent and punish individuals connected to crypto. Roger…
[Nov 19 5:32 AM] Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities.
[Nov 16 12:30 AM] The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ)…
[Nov 15 8:30 PM] Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ…
[Nov 14 11:30 PM] The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ)…
[Nov 14 10:08 PM] After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump's win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the…
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