Legal

Terraform Labs Faces $4.75 Billion SEC Settlement

Terraform Labs Faces $4.75 Billion SEC Settlement, Assets Fall Short by $4.68 BillionTerraform Labs, known for its Terra stablecoin and the associated ecosystem, faces...

SEC Enforcement Actions Impact on DeFi and Crypto Regulations

Uniswap, a decentralized finance (DeFi) exchange, has recently hired Katherine Minarik, a former senior attorney at Coinbase, as their Chief Legal Officer. This move...

Australia Bans Crypto, Credit Cards for Online Gambling to Protect Consumers

Australia's recent decision to ban the use of cryptocurrency and credit cards for online gambling represents a significant shift in regulatory approaches aimed at...

FTC issues warning on crypto romance scams involving cryptocurrency

The Federal Trade Commission (FTC) has issued a stark warning about the increasing prevalence of crypto romance scams, a deceptive practice where fraudsters exploit...

South Korea FSC’s New NFT Guidelines Target Market Security

South Korea’s Financial Services Commission (FSC) recently introduced comprehensive guidelines for non-fungible tokens (NFTs), aiming to establish clearer regulatory boundaries in the rapidly evolving...

New York Sues Crypto Firms Over $1 Billion Fraud Targeting Immigrants

New York State has filed a lawsuit against several prominent cryptocurrency firms, including Digital Currency Group (DCG) and Gemini, accusing them of defrauding investors...

Binance’s UK lawsuit over Bitcoin Satoshi Vision delisting analyzed

Crypto exchange Binance is embroiled in a significant legal battle in the UK, where it is attempting to reduce the scope of a $13...

Bitcoin Exchange Hacking Incidents Highlight Security Concerns in Crypto Industry

Japan's cryptocurrency exchange, DMM Bitcoin, has been thrust into the spotlight following a major security breach resulting in the theft of approximately $305.1 million...

Impact of Biden’s Veto on Crypto Advocacy Growth and Regulations

President Joe Biden recently vetoed a resolution aimed at overturning the SEC's controversial Staff Accounting Bulletin No. 121 (SAB 121). This SEC guideline requires...

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