Florida Man ‘Bitcoin Rodney’ Pleads Guilty Over $1.8 Billion HyperFund Crypto Fraud
In brief Rodney Burton pleaded guilty to conspiring to run an unlicensed money-transmitting business tied to an alleged $1.8 billion…
Category: Legal
Exclusive: Bloomberg Analyst Warns CLARITY Act Will Send Millions of Cryptos to Zero
The CLARITY Act is moving faster than most people expected and the stakes attached to it are higher than most…
Kentucky targets prediction markets, puts red state in potential clash with Trump team
Kentucky’s attorney general has sued leading prediction market firms Kalshi and Polymarket, accusing them of offering illegal sports betting without…
“Big Mistake:” Michael Saylor Slams Illinois 0.2% Tax on Bitcoin, Crypto Transactions
Strategy co-founder Michael Saylor has criticized Illinois’ crypto tax, which will take effect from next year. Other stakeholders in the…
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal
House Proposal Would Bring Crypto Trades Under Wash Sale Restrictions House Budget Chairman Jodey Arrington (R-TX) on June 17 issued…
Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms
New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset…
South Korea arrests 23 over USDT laundering for Cambodian fraud network
South Korean authorities have dismantled an alleged cryptocurrency laundering operation that moved 16.8 billion won ($11.1 million) through $USDT transactions…
IMF: Nigeria’s Stablecoin Surge Strains Monetary Policy as Naira Weakens
The International Monetary Fund (IMF) has raised concerns that Nigeria’s rapid adoption of dollar-pegged stablecoins is testing the limits of…
Lummis Links Bitcoin to US Debt Crisis as CLARITY Act Advances
Senator Cynthia Lummis is connecting two of Washington’s biggest conversations. America’s debt crisis and digital asset regulation and arguing that…
Coinbase CEO Calls Accredited Investor Rules a Regressive Tax
Coinbase CEO Brian Armstrong is aiming at one of the most entrenched frameworks in American finance, and he’s not holding…