Regulation

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Canadian authorities arrest self-proclaimed ‘Crypto King’ for $30M fraud

Aiden Pleterski, the self-proclaimed "Crypto King," has been arrested in Canada on fraud charges involving $30 million.

2 years ago · By VINCE DIOQUINO

US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121

US lawmaker Wiley Nickel urges SEC to repeal SAB 121, arguing it hampers crypto growth and pushes investors offshore.

2 years ago · By VINCE DIOQUINO

Dutch court finds Tornado Cash dev Alexey Pertsev guilty of laundering $1.2B

Dutch court convicts Tornado Cash developer Alexey Pertsev of laundering $1.2 billion, setting the stage for a significant impact on privacy in decentralized finance.

2 years ago · By VINCE DIOQUINO

Biden blocks Chinese crypto miner’s land purchase near US base in Wyoming

President Biden blocks a Chinese-backed crypto mining firm from owning land near a US military base due to national security risks.

2 years ago · By GINO MATOS

Latest

Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash

May. 13, 2024

Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash

US senators Ron Wyden and Cynthia Lummis sent a letter to the DOJ questioning if services like Samourai Wallet meet the definition of money transmitters under current laws and guidance.

By VINCE DIOQUINO

DOJ rejects Sullivan & Cromwell, picks FRA for Binance’s monitorship

May. 10, 2024

DOJ rejects Sullivan & Cromwell, picks FRA for Binance’s monitorship

FRA is set to monitor Binance for compliance with a DOJ plea deal, following Binance's admission of regulatory violations.

By VIVIAN NGUYEN

Kraken refutes SEC’s claim that it offered ‘investment concepts’

May. 10, 2024

Kraken refutes SEC’s claim that it offered ‘investment concepts’

Cryptocurrency exchange Kraken refuted the SEC's claims it listed securities, arguing the regulator lacks evidence and is misusing terms to expand authority.

By VINCE DIOQUINO

Trump vows to end hostility toward crypto and promote supportive environment for businesses in the US

May. 9, 2024

Trump vows to end hostility toward crypto and promote supportive environment for businesses in the US

Trump vows to create a supportive environment for crypto businesses in the US and signals his campaign will accept crypto donations.

By VIVIAN NGUYEN

House passes resolution overturning SEC rule on crypto and digital asset custody

May. 8, 2024

House passes resolution overturning SEC rule on crypto and digital asset custody

The US House passes bipartisan resolution H.J.Res. 109 to overturn SEC's Staff Accounting Bulletin 121, aiming to protect digital asset consumers.

By VINCE DIOQUINO

Ripple’s proposed stablecoin is an ‘unregistered crypto asset’: SEC

May. 8, 2024

Ripple’s proposed stablecoin is an ‘unregistered crypto asset’: SEC

The SEC's stance on Ripple's stablecoin could lead to stricter regulatory scrutiny and significant financial penalties for crypto firms.

By VINCE DIOQUINO

Vitalik Buterin addresses concerns over Signal’s protocol integrity

May. 8, 2024

Vitalik Buterin addresses concerns over Signal’s protocol integrity

Revelations about the encrypted messaging app Signal's government connections and key personnel are raising doubts about its ability to protect dissenters.

By VINCE DIOQUINO

US authorities identify and charge Russian mastermind behind LockBit ransomware group

May. 7, 2024

US authorities identify and charge Russian mastermind behind LockBit ransomware group

The DOJ has identified and indicted Russian national Dmitry Khoroshev as the leader of the LockBit ransomware gang, sanctioning him and offering a $10M reward for info leading to his arrest.

By VINCE DIOQUINO

Binance CEO calls for release of detained officer in Nigeria

May. 7, 2024

Binance CEO calls for release of detained officer in Nigeria

Binance CEO Richard Teng has publicly called for Nigeria to release detained compliance officer Tigran Gambaryan, claiming he is innocent and wrongly imprisoned.

By VINCE DIOQUINO

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

May. 6, 2024

US Congressman calls SEC Chair Gary Gensler “rogue regulator”

Congressman Rose accused the SEC of overstepping its bounds and hindering fintech innovation by taking action against Robinhood.

By VIVIAN NGUYEN