FTX’s Alameda Research drops lawsuit against Grayscale
Alameda Research, an affiliate of bankrupt crypto exchange FTX has dropped its case against Grayscale. The lawsuit’s dismissal comes as Grayscale’s GBTC sees huge outflows following SEC’s spot Bitcoin ETF…
BarnBridge DAO agrees to settle $1.7M with the SEC for charges against it
BarnBridge DAO, founders to settle SEC charges for $1.7M over unregistered SMART Yield bonds. SEC alleges failure to register crypto asset securities, cites violation of securities laws. Gurbir Grewal emphasizes…
US court approves $2.85 billion CFTC fine against Binance and CZ
Binance will pay $2.7 billion and its former CEO Changpeng Zhao $150 million. The fine is part of the $4.3 billion settlement Binance agreed with the DOJ, FinCEN, OFAC and…
Terra founder Do Kwon appeals against extradition to South Korea and the US
Do Kwon appeals his extradition decision. Kwon’s legal battle began on June 15 with a six-month detention for extradition. The High Court recently approved requests from South Korea and the…
US Senator asks DOJ to consider criminal charges against Binance and Tether
US Senator Cynthia Lummis asks the Department of Justice (DOJ) to criminally charge crypto exchange Binance and USDT issuer Tether. Lummis cites the two companies’ role in aiding illicit fundraising…
Hong Kong warns crypto firms against referring to themselves as “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto…
BREAKING: Bitcoin hits $28k after Grayscale win against SEC
Bitcoin price rose to highs of $28,142 on crypto exchange Bitstamp on Tuesday. The gains came as the crypto market reacted to news of Grayscale’s win against the SEC. Bitcoin…
Grayscale secures a big win against SEC in Bitcoin ETF case
U.S. court rules in favour of Grayscale in its lawsuit against SEC. Today’s ruling paves the way for the first U.S. Bitcoin ETF. Bitcoin and Ethereum jumped over 5.0% following…
Binance seeks court’s protection against US SEC’s probe
The US SEC charged Binance for offering unregistered securities in the United States. The SEC then went ahead to seek for the freezing of Binance.US assets although the two later…
Ripple’s win against SEC a boost to Chancer as presale accelerates
US court ruled in favour of Ripple in the case initiated by SEC The ruling is positive for crypto, with newcomers like Chancer benefiting Chancer could rise by double or…