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A total of 16 companies, made up mostly of 'crypto' interest groups, have filed an amicus curiae in the SEC vs. Ripple saga, about a week after the U.S. state agency won its case against LBRY.
Ripple recommends that British lawmakers set up an overarching regulatory framework, increase its regulatory resources, and commit to public education to sustain its ambition of becoming a tech hub.
Sam Bankman-Fried and Changpeng Zhao have been exchanging blows for months, to the point that when announcing the liquidation, Zhao and his cohort were quick to deny any suggestion that the move was an attack on FTX.
In June, Sam Bankman-Fried said many 'crypto' companies are secretly insolvent while assuring that his firm, FTX, has enough to cover all client holdings, in contrast to what FTX personnel are claiming.
LBRY lost its battle against the SEC following a federal judge's ruling that the LBC tokens are securities, sending a signal that Ripple may likely face the same fate.
Darknet fraudster James Zhong could face 20 years in prison for stealing more than 50,000 BTC tied to the Silk Road marketplace using nine of his accounts that processed over 140 transactions.
Beginning January 2023, wallet providers and digital asset exchanges in Switzerland will be mandated to follow the new KYC regulations, including a CHF1,000 threshold on digital asset transactions.
The CFTC has again caused a commotion after taking enforcement action against Ooki DAO, leading to an intense debate on how DAOs should be held accountable for their activities.
Nexo argues that the class action lawsuit filed against it by customer Junhan Jeong should be dismissed as its legal counsel Roche Freedman is using discovery for "inappropriate purposes."
The Bill, with its latest amendments, is set to be debated on the floor of the House of Commons soon after the conclusion of the Bill's committee stage, due to end on November 3.
The move comes as the firm continues to face pressure after leaked videos showed Roche bragging about abusing the legal system to harass the competitors of one of their clients, Ava Labs.
Round one of Granath v Wright is over: attention now turns to the parallel defamation case in the United Kingdom, which is set to be heard next year.
