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Regulation
Celsius and Core Scientific propose $14M settlement for litigation
Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle which had been ongoing for months.In a Sept. 15 announcement, Core Scientific said it had agreed to sell a…
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Stoner Cats NFTs creator charged by SEC, to pay $1M fine
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs.
Stoner Cats…
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Huobi’s new name, HTX, raises community eyebrows
Cryptocurrency exchange Huobi is celebrating its 10th anniversary with a controversial marketing move — the firm is rebranding from “Huobi” to “HTX,” echoing bankrupt exchange FTX.Huobi announced the rebranding on Sept. 13. “H”…
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India embarks on crafting crypto regulations after ruling out ban
India was long thought to be planning a complete ban on cryptocurrencies.
However, in the just concluded G20 Summit,…
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Thai authorities arrest 5 in 3,200-victim, $27M crypto scam
Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.According to an initial report from the Bangkok Post, Thailand’s Cyber…
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CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020.
Orvidas was…
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Ripple lawyer calls SEC’s latest filing “hypocritical pivot”
Stuart Alderoty, Ripple’s chief legal officer and general counsel in the SEC vs. Ripple Labs case, has characterized the United States Securities and Exchange Commission’s (SEC) latest submission as a “contradictory shift” and contends…
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Coinbase plans major expansion in countries with “clear crypto rules”
Coinbase targets expansion across the EU, UK, Brazil and Singapore among other jurisdictions with clear regulatory…
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Ripple CTO says ‘tide is turning’ on US regulatory environment
A court ruling that cleared Ripple's XRP token of being considered a security offering might signal a turn in the tide against regulatory scrutiny of the cryptocurrency ecosystem in the United States and current lawsuits involving the…
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Alex Mashinsky’s assets frozen by US court as part of criminal case
A federal judge has ordered that certain bank accounts and property connected to former Celsius CEO Alex Mashinsky be frozen following a motion from the United States Justice Department.According to a Sept. 5 filing in U.S. District…
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