NYAG Recovers $4.3M From Coin Cafe for Defrauding Investors
New York Attorney General (NYAG), Letitia James, has secured a settlement of $4.3 million from a Brooklyn-based cryptocurrency company, Coin Cafe for defrauding investors. According...
Author : Godfrey Benjamin
Grayscale Says the SEC Labels its Filecoin Trust as Security
Grayscale Investments, the world’s largest digital asset manager, has shared an update on the status of its Form 10 application with the U.S. Securities and...
Ripple Scores Win Against SEC as Court Rejects Motion to Seal Hinman Papers
In what appears to be a victory for the Ripple and crypto community, US District Judge Analisa Torres made an order on Tuesday, denying a...
MiCA Scales Another Hurdle as EU Finance Ministers Approves Bill
In a significant development for the cryptocurrency industry, the Economic and Financial Affairs Council of the European Union (EU) comprising finance ministers of all member...
U.S DoJ to Increase Scrutiny of Crypto Exchanges and Mixers
The United States Department of Justice (DoJ) is channeling energy towards cracking down on crypto hackers whose activities have intensified. According to the Financial Times, the...
Binance US Exploring Ways to Reduce its CEO Majority Stake
Binance US, a popular cryptocurrency exchange, is reportedly exploring ways to cut its CEO Changpeng Zhao’s (CZ) majority stake in the company. This move could...
Marathon Digital Receives Investigative Subpoena from the US SEC
According to its recent 10Q filing, Marathon Digital, a publicly traded Bitcoin (BTC) mining platform has been issued an investigative inquiry from the Securities and...
US House Committee Holds Joint Hearing on Crypto Regulations
The cryptocurrency market has grown exponentially over the last few years, with Bitcoin (BTC) and other digital assets reaching all-time highs. However, this growth has...
Bittrex Files for Chapter 11 Bankruptcy Protection in the US
Bittrex cryptocurrency exchange announced that it has filed for bankruptcy protection just a few weeks after being charged by the US SEC for allegedly facilitating...
EU Lawmakers Reviewing Data to Scrap Smart Contract Laws in DeFi
Decentralized Finance (DeFi) has been making waves in the financial world, offering a new way for individuals to access financial services without intermediaries. However, the...
