According to a recent report by the global law firm Norton Rose Fulbright, the US Securities and Exchange Commission (SEC) is set to step up its enforcement approach to the nascent crypto industry in 2024. The report emphasizes that the SEC will continue its “aggressive pursuit” of cases and enforcement …
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[PRESS RELEASE – Chicago, Illinois, January 9th, 2024] $JTC, the native token of a legal recourse Bitcoin branch, is soon to be listed on BitMart. The highly anticipated $JTC listing on BitMart has been confirmed. The coin will be listed at 10AM UTC on 09/01. The listing announcement earlier in …
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The largest US-based crypto exchange experienced a threefold increase in law enforcement requests in the current year compared to 2020, as revealed in its latest transparency report. The total number of requests during the reporting period amounted to 13,079, marking approximately a 6% rise from the previous year. Notably, the …
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Binance and its founder Changpeng”CZ” Zhao has admitted to violating United States laws around money laundering and terror financing — agreeing to pay $4.3 billion in fines Here’s where it all started. Feb. 15: Binance was under suspicion since 2018 Reports emerged that Binance is the target of several United …
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The US Securities and Exchange Commission’s (SEC) annual enforcement report for Fiscal Year (FY) 2023, detailing the filing of 784 enforcement actions, orders for nearly $5 billion in financial remedies, and distribution of nearly $1 billion to harmed investors, has sparked a fervent response from the XRP community. SEC Chair …
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Gensler mentioned that the agency initiated over 780 enforcement actions in 2023 leading to $5 billion in judgments and orders. The agency also distributed $930 million being distributed to investors. Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), discussed the regulatory body’s enforcement efforts during his speech …
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The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies and artificial intelligence. SEC Chair Gary Gensler is set to outline how the U.S. securities regulator is updating its rules to …
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United States regulators including the Securities and Exchange Commission (SEC) have ongoing civil cases against major cryptocurrency firms including Binance, Coinbase, and Ripple, but not every company has been subject to the same treatment. Gary Gensler, serving as SEC chair since 2021, has been widely criticized by many lawmakers and …
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It’s been ten years since school officials found Kendrick Johnson deceased in a rolled-up wrestling mat. This week, his family filed a $1 billion lawsuit against several Georgia law enforcement agencies. Multiple investigations ruled his death a “freak accident” — the result of falling headfirst into an upright mat and …
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Non-fungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — which allows creators to blacklist NFT marketplaces that don’t enforce royalties. The change is set to take effect on Aug. 31, according to an Aug. 17 statement by OpenSea’s founder and CEO, Devin Finzer. …
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Blockchain Australia’s new CEO Simon Callaghan hopes the Federal Government will take its cues on crypto regulation from the United Kingdom, Hong Kong, and Singapore — and definitely not the United States. In his new position, Callaghan aims to steer crypto rule-making in the country and avoid making similar moves …
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On the evening of Jan. 7, Anatoly Legkodymov, founder of the cryptocurrency exchange Bitzlato, was arrested in Miami. The following day, the United States Department of Justice (DOJ) unsealed a complaint in federal court charging him with “conducting a money transmitting business that transported and transmitted illicit funds.” According to …
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