Changpeng Zhao's refusal to serve jail time over violations of U.S. banking laws forced prosecutors to tag him as a flight risk, leading to the ex-Binance CEO's legal team filing an opposition.
Charges filed by the SEC against Binance and Coinbase spell trouble for the 'crypto' industry dominated by exchanges that offer assets that amount to securities without proper authorization.
Binance is feeling the regulatory walls closing in as authorities question the reputational damage of appearing to approve of the controversial digital asset exchange.
U.S. District Court Judge Lewis Kaplan has ordered SBF to refrain from using VPN when accessing the internet from his house arrest at his parents’ home in California.
Binance is reportedly ramping up its legal department amid a DOJ probe and a slew of charges tied to the exchange's alleged money laundering conspiracy and breach of criminal sanctions, among others.
Decentralization can be a confusing concept for some, but Dr. Craig Wright pointed out that the idea is not based on technicalities but one that revolves around trading and peer-to-peer exchanges.
The new bill aims to carve out clearly defined roles for both the CFTC and the SEC and stop the fight between these two agencies on who takes the lead in regulating digital assets.
The recent argument between Dr. Wright and Schwartz only cemented the SEC's long-held belief against Ripple's XRP token—that it was an illegal, unregistered security with no actual utility.
The digital asset market has its optimism renewed following BlackRock's application to start a spot BTC ETF, but with ETFs' grim history with the SEC, this could prove to be a long shot for the firm.
The FTX exchange may have filed for bankruptcy protection but there’s no real defense against the sector-wide carnage this scandal has unleashed.
Prosecutors claim Sam Bankman-Fried's message to Ryne Miller and former FTX staff is "suggestive of an effort to influence" potential testimonies and a clear violation of standard bail conditions.
In this article, author Zeming Gao identifies and explains the common misunderstanding about Bitcoin and blockchain and how the technology involves a lot of concepts that are not easy to grasp.
