Binance and SEC file to stay case for 60 days
Plans to scale back crypto enforcement at the U.S. SEC materialized in court with a filing to resolve a complaint against Binance, the world’s largest crypto exchange. According to a court filing, the Securities and Exchange Commission, Binance, and its founder, Changpeng Zhao, submitted a joint motion for a 60-day pause, seeking to settle the […]
SEC and Binance seek 60-day pause in crypto case
The SEC and Binance filed a joint motion to pause their legal case for 60 days, citing the newly formed SEC Crypto Task Force’s potential impact on regulations. Source link
BTC price taps $106K as US GDP miss boosts Bitcoin bull case
Bitcoin continues to flirt with a breakout toward all-time highs as macro tailwinds strengthen. Source link
Ripple case present on SEC site despite speculation
Social media speculation suggested Ripple’s civil case was scrubbed from the SEC’s website, but experts stressed that online changes were immaterial in court. Reported that the U.S. Securities and Exchange Commission removed Ripple’s civil lawsuit from its official website flooded social media debates, fueling rumors that the regulator may soon end the case completely. However, […]
Ripple seeks April deadline for cross-appeal brief in SEC case
Ripple Labs has filed a request with the U.S. Court of Appeals for the Second Circuit seeking an April 16, 2025 deadline for its cross-appeal brief in the Ripple vs. SEC case. The Ripple Labs legal team filed the request on Jan. 23, with the crypto company’s legal team noting that Ripple co-founder Chris Larsen […]
South Korea reports first crypto ‘pump and dump’ case under new law
South Korean authorities have indicted suspects for unfair crypto trading involving artificial price inflation and subsequent token dumping, known as a pump and dump. Source link
US court criticizes SEC’s crypto action in Coinbase case
The U.S. Court of Appeals for the Third Circuit has partially ruled in favor of Coinbase in its legal challenge against the Securities and Exchange Commission. The court found that the SEC’s decision to deny Coinbase’s 2022 petition for rulemaking on crypto and securities regulations was “arbitrary and capricious,” according to Coinbase CLO Paul Grewal […]
Wolf Capital CEO pleads guilty in $9.4m crypto fraud case
An Oklahoma man admitted to orchestrating a cryptocurrency investment fraud scheme that duped nearly 2,800 investors out of $9.4 million. Travis Ford, 35, of Glenpool, pleaded guilty yesterday to one count of conspiracy to commit wire fraud in connection with his role as CEO, co-founder, and head trader of Wolf Capital Crypto Trading LLC. The […]
Russian trio charged in crypto mixer money laundering case
The U.S. Department of Justice has indicted three Russian nationals for operating sanctioned crypto mixers allegedly used by North Korean criminals. Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov have been charged with money laundering in connection with crypto mixing services Blender.io and Sinbad.io, according to the DOJ. Blender operated for four years, […]
Taiwanese man arrested for illicit USDT use, first case under new AML laws
Taiwanese authorities have apprehended a 30-year-old man, identified as Chen, for operating as an unregistered virtual currency dealer under newly enforced anti-money laundering regulations. Chen, based in Kaohsiung, had been using Facebook groups to solicit cryptocurrency trades and arrange in-person transactions where he exchanged Tether (USDT) for cash. Despite the new law, Chen reportedly completed […]
