Ripple seeking documents from 15 exchanges in legal fight vs SEC
The payments company is seeking to prove that the XRP sales its executives made were beyond the jurisdiction of the U.S. watchdog.
Latest United States News
US gov’t to treat ransomware attacks with similar priority as terrorism
The DoJ issued the guidance to U.S. attorney’s offices across the country, alerting them to the rising danger cybercriminals pose and urged for coordinated response and investigation with Washington.
The CoinGeek Pulse Episode 47: Tax on digital currency profits, Southeast Asia updates, and the 7th CoinGeek Conference in Zurich
There’s no stopping government bodies from going after digital currency traders and their earnings.
California man sentenced to 2 years in jail over illegal $25M BTC ATM operation
Kais Mohammad pleaded guilty to the charges of money laundering, operating unlicensed money transmitting business and failing to maintain an effective anti-money laundering program in 2020.
US court rules against SEC in its quest to access Ripple’s legal advice
A New York judge ruled against the securities regulator’s motion to access the Ripple’s memos through which it sought to prove that the payments company knew XRP was a security.
SEC calls on Congress to implement regulations for digital currency exchanges
In a recent hearing, SEC chair Gary Gensler pointed out that exchanges are growing increasingly important, but there are very few rules that govern them.
IRS right to tax mined digital currency as income under consideration in federal court
The court heard arguments from a Tennessee couple who were charged tax on the creation of 8,876 units of Tezos digital currency.
Exposure to Tether scheme now reaches as far as NBA
Regulators have waited too long to act on so-called stablecoins, to the point where exposure to schemes like that being run using Tether has infected the entire digital asset industry—and even beyond it.
SEC charges ‘BTCTre’ Trevon James and others who promoted BitConnect
The U.S. Securities and Exchange Commission said it will commence action against a group of well-known online "influencers" associated with the now-infamous BitConnect investment scheme.
The CoinGeek Pulse Episode 46: China mining crackdown, US sharpens CBDC focus, Domineum teams up with nChain
China is shaking down the digital currency market, forcing mining companies in the country to make drastic changes in their operations.
Crypto Crime Cartel: The many lawsuits against BitMEX
BitMEX and its founders are facing a growing wave of legal action over what prosecutors and plaintiffs call a wholesale scheme to manipulate digital asset markets at the expense of its own customers.
Fed’s Lael Brainard: CBDC may provide important foundation for US retail payments
Lael Brainard, a member of the Federal Reserve Board of Governors, recently spoke about the Federal Reserve’s approach and thoughts on the blockchain and digital asset industries.