Judge declares mistrial in case of MIT brothers accused of $25M crypto heist
U.S. District Judge Jessica G.L. Clarke in Manhattan declared a mistrial in the case of two brothers with ties to…
Author: US_admin_Finance
Banks Are Pushing Back Against Crypto Regulation: Here\’s How
Banks are using their proxies, organizations like the Bank Policy Institute and Better Markets, to promote the approval or modification…
Ripple v. SEC Case Officially Concludes After Joint Motion to Dismiss Appeals
The long running legal battle between Ripple Labs and the U.S. SEC has officially come to an end. After nearly…
U.S. Government Shutdown Hits 38 Days: Crypto Regulation Stalls as CLARITY Act Freezes
Story Highlights The 38-day U.S. shutdown freezes agencies, stalls the CLARITY Act, and drains billions from the economy as workers,…
Privacy on trial as Samourai Wallet cofounder lands in jail for writing code
Samourai Wallet cofounder Keonne Rodriguez received the maximum sentence this week of five years in prison for writing code. As…
State of Crypto: SBF (Somehow) Had Another Bad Day in Court
This week saw the Second Circuit Court of Appeals hear arguments in Sam Bankman-Fried’s appeal of his criminal conviction. The…
Samourai Wallet Developer Sentenced to 5 Years in Prison for Unlicensed Money Transmitting
NEW YORK — Samourai Wallet developer Keonne Rodriguez was sentenced to five years in prison on Thursday for his role…
Jurors ask pointed questions in MEV bot trial as deliberations proceed
The jury deciding the fate of two men accused of money laundering and fraud related to a $25 million exploit…
Circle weighs in on GENIUS Act implementation: ‘Simple, strong rules’
Stablecoin issuer Circle has advocated for a level playing field among banks, nonbanks and stablecoin issuers as the US Treasury…
South Korean regulators slam Upbit\’s operator Dunamu with $24M fine
Dunamu, the operator behind cryptocurrency exchange Upbit, is finding itself in hot water after South Korean regulators slammed it with…