The DOJ and CFTC asked a federal court to block Arizona from prosecuting Kalshi, citing event contracts as federally regulated swaps.
The judge extended a temporary restraining order from March 20, calling Kalshi's baseball game contracts "indistinguishable" from ordinary betting.
The Federal Court fined Binance Australia Derivatives $6.9 million for misclassifying 524 retail clients as wholesale investors.
A federal judge certified a class of Nvidia investors alleging billions of dollars in undisclosed crypto-related GPU revenue.
The court ordered plaintiffs to file a revised complaint that clearly links defendants’ conduct to the injuries claimed in the lawsuit.
The SEC has dismissed its charges brought in 2023 against Tron founder Justin Sun, the Tron Foundation, and BitTorrent Foundation.
The complaint centers on custody disclosures tied to bankruptcy risk, whether Coinbase listed tokens that could be securities and deficiencies in the company’s AML program.
Former LAPD officer Eric Halem was convicted of kidnapping and robbery for stealing $350,000 in bitcoin in 2024.
The judge said plaintiffs had multiple chances to amend their complaint but still failed to state a viable claim against Uniswap.
The case traces back to a wave of class action lawsuits filed in April 2020 against major crypto exchanges and token issuers.
The judge found Kalshi is likely to succeed in arguing that sports event contracts qualify as swaps under federal commodities law, potentially preempting state regulation.
"We continue to give a slight edge to the states in this legal fight primarily because the states have historically been the regulators of sports gambling."
After nearly a year in federal custody, Caroline Ellison — the former co-CEO of Alameda Research — is scheduled to be released on Wednesday.
The Solana Policy Institute pressed for stronger legal protections for software developers following the guilty verdict against Roman Storm.
Brian Garry Sewell sentenced to three years for defrauding investors of $2.9 million and laundering $5.4 million.
Kalshi has secured temporary relief in its battle with Tennessee regulators over sports event contracts on the prediction market platform.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Some jurors were reportedly brought to tears and suffered sleepless nights while deliberating the case of two brothers accused of a $25 million fraud.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Samourai Wallet co-founder Keonne Rodriguez was sentenced to five years in prison and ordered to pay a quarter-million dollar fine on Thursday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Jailed former FTX CEO Sam Bankman-Fried is back in court as he looks to get a redo after being found guilty on multiple fraud charges.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The couple raised nearly $3.4 million from over 300 investors, spending funds on a home remodel, luxury trips, and other personal expenses.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A jury's verdict to find Tornado Cash creator Roman Storm guilty on one charge was met with disappointment from crypto pundits.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A U.S. appeals court overturned former OpenSea employee Nathanial Chastain's fraud and money laundering convictions.
Lawyers for Tornado Cash co-founder Roman Storm are reportedly weighing a potential mistrial following concerns about a witness's account.