Legal & Regulation

Former FTX CEO, Sam Bankman-Fried (SBF), is seeking permission from Judge Lewis Kaplan to enable visits from his “close friends” at his parents’ house in Palo Alto, California. SBF’s lawyers have requested an order to waive the need for a…

Alex Mashinsky, the co-founder and former CEO of Celsius Network, has been released on a $40 million bond after pleading not guilty to allegations of fraud. Mashinsky was arrested on July 13 following an investigation into the collapse of…

In an electrifying moment for the cryptocurrency universe, Ripple Labs emerged victorious from a longstanding legal battle with the U.S. Securities and Exchange Commission (SEC). This seismic win comes after a multi-year lawsuit, during…

Former SEC Chairman Jay Clayton believes proving spot market efficiency could lead to a U.S. Bitcoin ETF approval. Bitcoin ETF’s journey to US approval has taken a new turn, with former SEC Chairman Jay Clayton shedding light on what could…

The upcoming Mt. Gox repayment in October 2023 could potentially sway the Bitcoin market in unforeseen ways. The October repayment deadline of Mt. Gox, the hacked Bitcoin exchange, is nearing, and crypto enthusiasts are keeping a close…

The United States Federal Bureau of Investigations (FBI) reportedly searched the home of Jesse Powell, co-founder of Kraken, a prominent cryptocurrency exchange. The search, which took place in March, was part of an ongoing investigation…

President Joe Biden of the United States has declared his intent to eradicate tax escape routes for cryptocurrency traders and hedge fund executives. As part of his fairness initiative for the federal tax system, Biden expressed a…

Bitcoin Depot, a prominent Bitcoin ATM provider based in the United States, is set to make its debut on Nasdaq this week. The company announced its partnership with fintech firm GSR II Meteora Acquisition Corp, and the agreement between the…

Cryptocurrency exchange Bittrex has taken a page out of Coinbase’s playbook by filing a motion to dismiss the charges brought against it by the U.S. Securities and Exchange Commission (SEC). In a move that echoes Coinbase’s recent actions,…

Judge Joseph Spero has ordered Kraken, one of the leading cryptocurrency exchanges, to provide sensitive user information to the Internal Revenue Service (IRS). The court’s decision comes after the tax agency sought to determine whether…