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26.05 / 15:29

Law regulation Europe European Union marketing lawmakers Influencer French lawmakers agree to loosen rules in proposed crypto influencer bill

French lawmakers have agreed to tone down the restrictions on a bill first proposed in March that would have severely restricted locally-registered cryptocurrency companies from using influencer marketing.

21.05 / 07:03

Law NFT regulation Tokens Court settlement Influencer Influencer served settlement demand via NFT, following $7M token presale

A nonfungible token (NFT) influencer got served with a settlement demand via NFT, which casually dropped the "F bomb" several times and alleged the influencer engaged in wire fraud "at a minimum" on a recent $7 million token presale.

19.05 / 20:13

business Blockchain Law Ripple XRP SEC Ripple and SEC seek extension for unsealing Hinman documents

On May 19, James K. Filan, a defense attorney and ex-federal prosecutor who has been closely monitoring the SEC vs Ripple case for the past few years, shared an update regarding the potential unsealing of the Hinman documents for public access.

19.05 / 04:59

Law regulation Trading Fraud Bitcoin Coin Cafe ordered to repay $4.3M in fees that ‘wiped out’ investors’ Bitcoin accounts

Cryptocurrency trading platform Coin Cafe has been ordered to repay $4.3 million to its users after allegedly charging “exorbitant and undisclosed fees" for storing Bitcoin on the platform — leading to some accounts being drained entirely of its funds.

18.05 / 22:59

Blockchain Law Open Source Bitcoin Lawyer open Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software

Jessica Jonas, chief legal officer of the nonprofit Bitcoin Legal Defense Fund, discussed the potential legal ramifications of a high profile lawsuit against Bitcoin core developers during the Bitcoin 2023 event in Miami on May 18.

18.05 / 19:53

business Government Law defi regulation Bitcoin Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators

A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.”

18.05 / 16:45

business Blockchain Technology Law Investments Fraud Former CFO indicted for diverting $35M to cryptocurrency venture

Nevin Shetty, a former Chief Financial Officer (CFO) at a Seattle start-up company, was indicted on May 17 in the U.S. District Court in Seattle on charges of wire fraud.

18.05 / 15:15

Government Law Adoption regulation us government Congress hearing Congressional crypto hearing illustrates political stalemate on digital assets

On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach.

17.05 / 19:57

business Blockchain Technology Law Investments Holdings Crypto Holdings South Korean prime minister calls for disclosure of crypto holdings by high-ranking officials

South Korean Prime Minister Han Deok-soo is calling for the disclosure and registration of cryptocurrency assets by high-ranking public officials, a local news outlet has reported.

16.05 / 10:03

Law regulation lending Court Bitcoin creditors Customer BlockFi used customer money to buy $30M insurance, creditors claim

Disgruntled creditors of the bankrupt cryptocurrency lending firm BlockFi have submitted a new court filing in response to the company’s latest restructuring plan.

16.05 / 01:41

Blockchain Law regulation Cybersecurity crimes Cybercrime US Secret Service holds crypto, praises blockchain tech in Reddit AMA

The United States Secret Service owns crypto, has its own NFT collection, and has praised blockchain technology's ability to fight financial crime, Reddit users learned during a recent ask-me-anything (AMA).

15.05 / 06:33

Law defi Hackers regulation Department Of Justice crimes Department US Justice Department on the hunt for DeFi hackers and thieves: Report

The United States Justice Department’s crypto enforcement team is cracking down on Decentralized Finance (DeFi) hackers and exploiters, amid a four-year rise in illicit crypto activity.

14.05 / 05:39

Law Mining regulation Report Court Bitcoin BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report

Crypto mining firm Riot Platforms – formerly Riot Blockchain – has taken legal action against Texas-based Bitcoin (BTC) miner, Rhodium Enterprises, in an effort to recover “more than $26 million” in alleged unpaid mining facility fees.

12.05 / 22:09

Law regulation lawmakers US lawmakers US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill

Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency.

12.05 / 18:17

Government Law Stablecoin regulation us government The US should promote USDC — before it's too late

Ignore the doomsayers. The United States is still the world’s leading economy and will remain so in the future. With its global talent pool and world-class institutions, the U.S. has a competitive edge in virtually every emergent technology. Web3 is no exception.

12.05 / 11:11

Blockchain Law regulation rights Texas votes to add crypto to state’s bill of rights

Texas legislators have voted by a large margin to amend the state's Bill of Rights and add a provision recognizing the right of individuals to possess, retain and utilize digital currencies. The decision was made on Wednesday, May 10.

12.05 / 02:21

business Law regulation SEC coinbase Court US Chamber of Commerce slams SEC's ‘haphazard’ regulation efforts

The United States Chamber of Commerce has blasted the Securities and Exchange Commission (SEC) for its “haphazard, enforcement-based approach” to regulating the cryptocurrency industry on American soil.

11.05 / 20:37

Law regulation SEC coinbase Court 'The SEC’s actions have crippled a nascent industry' — Paradigm requests amicus brief for Coinbase

Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities and Exchange Commission (SEC).

11.05 / 15:29

Law regulation crimes Terra Lawyers bail Do Kwon's lawyers propose $436K bail as authorities prepare for June trial

Authorities in Montenegro are moving forward with charges against Do Kwon and his former aide Han Chang-joon as lawyers for the Terra co-founder requested conditions for bail.

11.05 / 13:21

Law scam Legal Fraud Scammer Notorious Crypto Scammer Nicholas Truglia Arrested in Florida for Fraud and Gun Possession

Nicholas Truglia, known for his engagement in a massive cryptocurrency theft, has been arrested again in Florida over allegations of fraud and carrying a concealed weapon.

10.05 / 22:45

Law regulation Europe European Union Bitcoin Regulation UK government 3 takeaways from the European Union's MiCA regulations

The European Union has become the first major jurisdiction to pass a comprehensive crypto law, the Markets in Crypto-Assets (MiCA) regulation, which aims to provide legal certainty for the crypto industry and investors by establishing standard regulations and harmonized rules at the EU level.

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