Victims were lured to download the apps with promises of high returns from investing in crypto and other products, which the lawsuit described as "illusory." When victims attempted to withdraw their balances, they would be asked to pay various fees to recover their
Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.
Miles Jennings, general counsel at a16z Crypto, called it a "major breakthrough" that will give the groups "much-needed protections and empower them to keep blockchain networks open," according to a blog entry posted Friday. This new recognition as "decentralized unincorporated nonprofit associations" (DUNAs)
Indeed, it is not. We should have the right to transact freely online, whether it’s to communicate with words or to exchange value in the form of crypto. The operation against Tornado supposes that all money sent through a mixer is necessarily dodgy,
A legal fund for the defense of Tornado Cash co-founders Roman Storm and Alexey Pertsev has received more than $350,675 and public support from Edward Snowden, the former NSA whistleblower. Source link
The largest cryptocurrency trading venue added 40 million accounts to 170 million. Source link
Ripple’s Chief Legal Officer, Stuart Alderoty, has shared insights on the future of the cryptocurrency landscape, specifically in 2024. He discussed predictions about Ripple’s legal dispute with the Securities and Exchange Commission (SEC), the judiciary’s influence on crypto regulations, and potential legislative challenges
Binance and Zhao, more commonly known as "CZ," filed a reply to the SEC, alongside Binance.US, which submitted its own separate, but similar, filing arguing that the SEC did not show that the exchanges' U.S. customers had any contracts that would meet the
As the use of artificial intelligence (AI) has permeated the creative media space — especially art and design — the definition of intellectual property (IP) seems to be evolving in real time as it becomes increasingly difficult to understand what constitutes plagiarism.Over the
The former compliance chief of OneCoin — a 2015 crypto scheme that defrauded investors out of $4 billion — has pleaded guilty to wire fraud and money laundering charges in Manhattan federal court.In a Nov. 10 statement, the Department of Justice (DOJ) said
