Blockchain Association and Crypto Freedom Alliance file a lawsuit against the SEC on the “Dealer Rule”.
The Blockchain Association and the Crypto Freedom Alliance of Texas have jointly filed a lawsuit against the SEC over its expanded Dealer Rule. This legal challenge aims to address concerns related to the digital…
SEC Lawyers Resign Amid Controversy Over Crypto Case
In a surprising turn of events, two senior lawyers from the U.S. Securities and Exchange Commission (SEC) have resigned following a scathing rebuke by a federal judge. The case in question involves Digital Licensing Inc., commonly known as DEBT Box, and…
Sam Bankman-Fried (SBF) Sentenced to 24 Years: A Landmark Case in Crypto History
In a courtroom drama that reverberated through the crypto world, Sam Bankman-Fried, the former CEO of FTX, has received a staggering 24-year prison sentence. The verdict, delivered by Judge Rebecca Thompson, carries significant implications for the…
KuCoin and Founders Charged by DOJ for AML Violations
KuCoin, which has grown to become one of the largest cryptocurrency exchanges in the world, has received more than $5 billion and has transmitted more than $4 billion in funds that are dubious and criminal. The U.S. Department of Justice (DOJ) has…
Kraken vs SEC: A Legal Battle Over Crypto Regulation
Kraken, a prominent cryptocurrency exchange, is embroiled in a legal dispute with the United States Securities and Exchange Commission (SEC), contesting what it views as a precedent-setting lawsuit that could significantly expand the SEC’s…
Lawsuit Challenges U.S. Department of Energy’s Data Collection Demand on Crypto Mining Industry
The Texas Blockchain Council (TBC) and one of its members, Riot Platforms, have taken legal action against the U.S. Department of Energy’s Energy Information Administration (EIA). The lawsuit alleges that the EIA’s unprecedented and invasive data…
Texas Blockchain Council Wins Legal Victory Against US Energy Agencies
Texas Blockchain Council (TBC) and Riot Platforms, a Bitcoin mining enterprise, have secured a legal victory against several US energy agencies that attempted to collect data on the energy consumption and environmental impact of crypto mining…
New York Attorney General Files Amended Complaint Against Digital Currency Group (DCG) Over Alleged $3 Billion Fraud
In a significant legal development, the New York Attorney General’s office has taken action against Digital Currency Group (DCG), the parent company of CoinDesk, alleging fraudulent practices related to its Grayscale Bitcoin Trust (GBTC) product. The…
The SEC has deferred its decision on Fidelity’s spot Ethereum ETF until March 5
The crypto community is eagerly awaiting the SEC’s decision on Fidelity’s Ethereum ETF, which could be a game-changer for the industry. Fidelity, one of the largest asset managers in the world, filed for a spot Ethereum ETF in November 2023,…
Spot Bitcoin ETFs: A New Era for Crypto Investing?
Last week, the US Securities and Exchange Commission (SEC) finally approved the first spot bitcoin exchange-traded funds (ETFs), ending a long and frustrating wait for crypto enthusiasts and investors. Unlike the previous bitcoin futures ETFs, which…