Former Rep. McHenry is predicting "a wicked hot summer of legislation for crypto" as lawmakers quickly try to get bills finalized by August.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The SEC is delaying making decisions on whether to allow the listing and trading of crypto ETFs tracking XRP and another tracking Dogecoin.
Prosecutors say that former Celsius CEO Alex Mashinsky should be sentenced to twenty years for losing billions of customers' dollars.
FTX has launched new legal action against NFT marketplace NFT Star and AI platform Delysium, stepping up efforts to recover missing assets for its creditors. The bankrupt crypto exchange accuses both companies of failing to deliver tokens purchased under binding Simple Agreements for Future Tokens (SAFTs), a standard fundraising method crypto startups use before a […]
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Arizona lawmakers passed a bill allowing its state treasurer and retirement system to invest up to 10% of their available money in crypto.
A group of key crypto players are calling on the White House to stop prosecuting open-source software in light of Roman Storm's trial.
Advocacy group Solana Policy Institute is adding another crypto veteran to its ranks — Rachel Green Horn to be its chief marketing officer.
A group of RTFKT NFT buyers sued Nike for allegedly executing a rug pull after winding down the NFT platform.
Five US states continue to pursue lawsuits against Coinbase’s staking program, and the firm’s executives argue that this is creating barriers for users who seek to earn rewards through the platform, amounting to over $90 million since 2023. According to Coinbase’s chief legal officer Paul Grewal, California, New Jersey, Maryland, Washington, and Wisconsin are maintaining […]
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In his fourth day at the job, new SEC Chairman Paul Atkins said he anticipates "huge benefits" from digital assets.
An exchange-traded fund entity tracking NEAR has been filed as a Delaware trust company by crypto asset manager Bitwise.
The move is part of a larger wave of the SEC rescinding its enforcement actions against multiple major crypto players.
NBA Champion Shaquille O’Neal has reached a confidential settlement with a group of investors who sued him over his role in promoting the now-defunct crypto exchange FTX. A court filing submitted on April 23 revealed that both parties have reached a proposed resolution and will now seek court approval to move forward. The agreement, signed […]
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The SEC is pushing back its deadline for a few proposals to list and trade crypto funds based on DOT to HBAR tokens.
Two Long Island men in a father-and-son crypto scheme have been sentenced to 24 years in combined sentences.
Basketball star Shaquille O'Neal and FTX customers have reached a settlement agreement years after starring in a commercial for the company.
The Alabama Securities Commission has officially withdrawn its legal action against Coinbase over the exchange’s staking program, reducing the number of active state-level lawsuits from 10 to five. According to the April 23 consent order signed by Commission Director Amanda L. Senn, the agency partially withdrew its enforcement effort to allow time for evolving policy […]
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In total, the IC3 received 149,686 complaints involving cryptocurrency, with financial losses reaching $9.3 billion to represent a 66% increase compared to the year prior.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The US Securities and Exchange Commission (SEC) has filed fresh charges against a crypto scam operator, even as it closed one of its most controversial cases. This marks the SEC’s first major enforcement update under the newly appointed SEC Chair Paul Atkins. The juxtaposition of cases, aggressive prosecution in one and total dismissal in another, […]
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The agency's complaint charges Ramil Palafox with violating anti-fraud and registration provisions of federal securities laws.
The SEC decided not to file an amended complaint against Hex founder Richard Heart for its fraud lawsuit.
The Fair Taxation of Digital Assets in Puerto Rico Act would include income derived from cryptocurrency staking, mining or trading in Puerto Rico as still federally taxable.
Crypto lender Block Earner defeated claims that its Earner product broke securities laws, overturning a previous verdict in favor of the ASIC.
Indian crypto exchange WazirX is preparing to resume operations by mid-May 2025, according to an update shared on April 21. The exchange confirmed it is on track to relaunch within the previously announced April–May timeframe, pending a final court decision in Singapore. WazirX revealed that its parent company, Zettai, has completed all preliminary requirements. The […]
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Coinbase is pushing back against a fresh legal challenge from Oregon Attorney General Dan Rayfield, according to an April 18 statement. In a post on social media platform X, Paul Grewal, Coinbase’s chief legal officer, called it a “copycat case” that mimics the US Securities and Exchange Commission’s (SEC) now-dismissed lawsuit against the exchange. According […]
The post Coinbase sounds alarm against potential Oregon ‘copycat’ securities lawsuit appeared first on CryptoSlate.
Arizona is also leading the crypto reserve legislation race and Galaxy Research proposed a new voting system for Solana emissions.
Canary Capital is looking to get the SEC's sign-off for an ETF that would track the Tron token TRX and has a staking component.
The Ponzi scheme's founders were also sentenced to decades in prison last year, though they currently await extradition in Argentina.