Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin Depot in Federal Court
A class action filed in Idaho accuses the now-bankrupt crypto ATM operator of profiting from fraud while leaving vulnerable consumers…
Category: Legal
JPMorgan CEO Jamie Dimon takes aim at the Clarity Act over crypto deposit risks
JPMorgan Chase CEO Jamie Dimon has said banks will oppose the Clarity Act unless lawmakers change provisions that he says…
Lummis: Next Crypto Legislation Window Is 2030
U.S. Senator Cynthia Lummis has warned that a viable window for passing the much-talked-about Clarity Act might not open until…
CFTC Chair: “Today Is a Historic Day for the Cryptocurrency Market”
The US Commodity Futures Trading Commission (CFTC) has marked a significant milestone for cryptocurrency markets. CFTC Chairman Mike Selig announced…
JPMorgan CEO says banks will continue fighting against CLARITY bill
Jamie Dimon, the CEO of banking and financial services giant JPMorgan, said that the banking industry would continue to “fight”…
‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair
A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5…
United Texas Bank Receives Federal Charter to Expand Crypto Services and Direct Fed Access
United Texas Bank (UTB) has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to convert…
Anonymous Plaintiff Sues to Claim 3.8 Million BTC
A New York man and two corporate entities have filed a massive lawsuit against 39,069 individual digital wallets. The plaintiffs…
Trump’s CFTC support unlikely to shift prediction market legal fight, TD Cowen says
President Donald Trump’s recent public support for giving the Commodity Futures Trading Commission (CFTC) exclusive authority over prediction markets is…
White House Begins Formal Review of CFTC Proposal on Prediction Market Regulation
The White House has initiated a formal review of a regulatory proposal from the U.S. Commodity Futures Trading Commission (CFTC)…