Plaintiffs allege that Fenwick & West designed shell companies and structures that enabled the theft of billions in FTX customer funds.
The measure mirrors an Assembly bill introduced last month and would impose licensing, and fee caps on crypto kiosks statewide.
Do Kwon, the mastermind behind the collapsed Terra crypto project, is expected to plead guilty on Tuesday, court docs show.
Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple on that front.
As the Trump administration sharpens its crypto stance, Hines' successor will need to align both on policy and politics, Decrypt was told.
Tornado Cash co-founder Roman Storm faces decades in prison if prosecutors retry deadlocked charges in a high-profile case.
The White House said that it "already ended" Operation Chokepoint 2.0, which it maintained had treated the digital assets industry unfairly.
Paxos worked with Binance to issue Binance USD, but didn't do sufficient due diligence, New York's top financial regulator said.
Chirag Tomar, convicted in the U.S. for a $20M crypto scam using fake Coinbase websites, ran a phishing network targeting global victims.
Federal agents seized plans to skirt export laws using false documents and shipments to Singapore and Malaysia.
Fischer’s claim that liquid staking could trigger a Lehman-style collapse sparked ire from crypto leaders, who say the risks are overstated.
Trump is expected to sign an executive order targeting alleged debanking of crypto firms and conservative groups.
The CFTC is weighing a plan to let U.S. futures exchanges host spot crypto trading, but some warn it could trigger legal and regulatory risks.
Hong Kong’s new stablecoin licensing regime takes effect, tightening rules as the city vies for a global crypto edge.
Former OpenSea product manager Nathanial Chastain was convicted in 2023 of wire fraud and money laundering for profiting off inside information on NFT listings.
U.S. prosecutors argued that Tornado Cash’s emphasis on privacy wasn’t about protecting ordinary users, but about making “bags of money.”
Cboe and NYSE Arca have filed proposals that would allow exchanges to list crypto ETFs in a similar way to existing standards in TradFi.
Prosecutors say the former executive funneled company funds into crypto via false claims, with investigators tracing assets despite obfuscation tools.
South Korea’s rival stablecoin bills hint at a divide over regulation as the country seeks a stronger foothold in the global crypto market.
ASIC has accused Bitget of targeting Australian investors with unlicensed crypto futures, marking its latest move to rein in platforms.
The Wyoming Stable Token is expected to debut next month, putting a publicly funded twist on the stablecoin sector.
During Tornado Cash developer Roman Storm's criminal trial on Friday, federal prosecutors revealed they are considering pursuing criminal charges against Dragonfly.
The Arizona woman helped North Korean operatives pose as U.S. IT workers and launder millions back to Pyongyang.
Nigeria is open to stablecoin firms, signaling a shift over a year after a Binance crackdown shook the local crypto industry.
The report could recommend ways for the government to build a Bitcoin stockpile without using taxpayer funds, Decrypt was told.
The class action alleges Pump.fun operated an unlicensed gambling platform, estimating billions in user losses with Solana-linked entities.
The order requires "ideological neutrality" and bans DEI-aligned large language models from government contracts.
The firm’s business model revolves around “blockchain securities.”
Federal prosecutors say funds from a $97 million oil and gas scam were laundered through shell companies, crypto wallets, and exchanges.
Feds have dropped an investigation into Kraken co-founder Jesse Powell, he said Tuesday, over allegations levied by a nonprofit he started.