Alex Andryunin may also receive a lighter sentence following the agreement, pending court approval, but cannot withdraw his guilt plea.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Representatives for the Trump family reportedly held talks with Binance to take a stake in the crypto exchange giant's U.S. arm.
The DeFi Education Fund has worked on several issues in the crypto spaces over the past few years.
Mark Botnick, who started representing SBF following the FTX collapse, has quit following an unexpected prison interview.
The former CEO of FTX once again claimed that he's wrongfully convicted as he apparently tries to make the case for a presidential pardon.
The SEC has been making moves to re-evaluate its approach to regulating crypto after years of a "regulation by enforcement" approach.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Fiat functionality was paused in June 2023 after the SEC sued Binance.US, alleging violations of securities laws.
The legal feud centers on whether digital assets should be classified as securities or are outside the agency's remit.
Kovar supposedly used investor funds to operate his company and purchase real estate, while also repaying prior investors as if from crypto mining proceeds.
A Washington D.C. district judge has allowed Binance and the SEC to stay their legal dispute for the next 60 days.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The joint request was made in consideration of the SEC’s new crypto task force and its potential impact on the crypto regulatory landscape.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
James Howells is attempting to buy the landfill site he thinks still holds a hard drive containing a lost fortune of £620 million in bitcoin.
Judge Ana Reyes began the hearing with a blistering series of questions and noted FDIC lawyers may face "serious sanctions."
Burwick and Wolf Popper claimed that Pump.fun chose not to remove meme tokens made to intimidate their clients.
Coinbase said it wants three top federal banking agencies to take certain steps to end alleged debanking in the crypto industry.
Jump Trading filed a lawsuit against Liam Heeger, founder of Unto Labs, for allegedly breaching non-competition obligations.
Saavedra would improperly use his authority as a cop to obtain search warrants and feed Iza confidential information of his "enemies."
Burwick claimed that the platform collected “hundreds of millions” of dollars in fees while it displayed anti-social acts.
The overseas exchange previously pled guilty to these crimes in July 2024 and agreed to pay a $110 million penalty at the time.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The defendants will likely have to pay something along with "neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia.
Tesla CEO Elon Musk is often associated with Dogecoin after the businessman mentioned the memecoin on various channels in 2021.
A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.
The filing alleges that FTX was already insolvent and the FTT tokens used in a share repurchase transaction were worthless, and therefore the transfer should be classed as fraudulent.
The suit also links him to organized crime in Eastern Europe and terrorist groups.
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was "trying to re-litigate the same issues repeatedly."