The digital asset company has taken legal action against the SEC, asking a federal judge to force the U.S. financial markets regulator to respond to a previous petition for digital asset specific rules.
Coinbase recently posted an update on its plan to “go broad and deep,” aka establish bases of operation in jurisdictions that will let it do what American authorities won’t let it do at home.
Reginald Fowler, who ran Crypto Capital Corp, is to be sentenced on April 20 and the DOJ is pushing for 7 years behind bars to reflect the seriousness of the offense.
Tether is a red flag, and countless pieces of evidence support that, including the questionable identities of its execs, hiding vital information, and ongoing probes tied to its dishonesty.
The settlement relates to 826 transactions worth $1,680,577.10 which were processed by Kraken on behalf of individuals located in Iran, which has been subject to U.S. sanctions since 1987.
Former BitMEX worker Greg Dwyer was slapped with a 12-month probation for failing to set up an AML program in collaboration with his bosses, making the firm a money laundering platform.
The protracted collapse of Three Arrows Capital (3AC) is being treated a sign of great sickness within the digital asset industry—and it should be.
The process could take up to 12 months, but CoinFLEX says it’s confident that the HKIAC will rule its way and allow it to pursue Roger Ver’s worldwide assets.
A Chinese court has ruled that local companies can’t pay their workers’ wages with USDT (aka Tether) because the government—like everyone else—doesn’t recognize the stablecoin as legitimate.
Reginald Fowler has told the court that he intends to plead guilty to charges of fraud, money laundering and running an unlicensed money transmitting business.
The Commodity Futures Trading Commission has launched a probe on Binance over alleged insider trading and market manipulation, saying its executives may have made money at the expense of users.
The regulators have filed an amicus brief supporting the U.S. securities regulator’s case against Coinbase, accusing it of attempting to "narrow and misapply" established legal framework to avoid regulatory obligations."
