Uniswap Labs, the software development company behind the decentralized exchange (DEX) Uniswap, was served with a Wells Notice by the US Securities and Exchange Commission (SEC) on Wednesday, which could result in an Enforcement Action. Amid these regulatory challenges, Uniswap Labs has partnered with Across, a cross-chain protocol, to propose …
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Warner Bros. Discovery said today that directors Steven A. Miron and Steven O. Newhouse, both of have both notified the board that they have resigned after the U.S. Department of Justice informed them that it was investigating whether their service on the company’s board of directors violated Section 8 of …
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In a significant development, the Canadian province of British Columbia seeks to employ an unexplained wealth order (UWO) against Michael Patryn, co-founder of the Quadriga Coin Exchange (QuadrigaCX). The UWO is a newly introduced court order that compels individuals to disclose the source of their assets. The Minister of Public …
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Scott Johnsson, a finance lawyer and general partner at Van Buren Capital, provided a nuanced analysis of the Securities and Exchange Commission’s (SEC) motivations for launching an investigation into Ethereum and the Ethereum Foundation. His insights, shared via X on March 22, offer a deep dive into the potential motivations …
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Arnold Schwarzenegger was detained for multiple hours at the Munich airport on Wednesday for an undeclared luxury watch he was wearing, officials in Germany said. The Terminator actor and former governor of California was able to leave after about three hours of questioning, but the Munich customs office said it is …
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A notorious and nightmarish “haunted house” in Tennessee has caught the attention of the state’s attorney general after being featured in a Hulu documentary. Monster Inside: America’s Most Extreme Haunted House centers on McKamey Manor, a torture “tour” about 70 miles outside of Nashville. It merges “documentary storytelling with the …
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In a recent development, a Brazilian congressional committee has recommended the indictment of Binance CEO Changpeng “CZ” Zhao and three other Binance executives following an extensive investigation into financial pyramid schemes in Brazil. The committee’s report alleges fraudulent management practices, operating without sufficient authorization, and offering securities trading without approval …
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Stephen Ehrlich, the co-founder of Voyager Digital, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for alleged violations of derivatives regulations. Bloomberg has revealed that the CFTC’s enforcement division staff conducted a probe into Ehrlich’s conduct, concluding that he misled customers regarding the safety of their …
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Musk blamed the SEC and the Biden Administration for constant scrutiny into his Twitter acquisition while expressing his confusion and frustration in the matter. On Thursday, October 5, the US Securities and Exchange Commission (SEC) sued Elon Musk in order to force him to testify about the acquisition of Twitter …
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The fight against crypto-related money laundering continues as Singaporean Authorities probe suspected channels. According to a September 21 Bloomberg report, Singapore banks have extended ongoing money laundering investigations to clients of Chinese origin. Amid the probe, they have frozen and seized $1.8 million in crypto assets, cash, and properties since …
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The U.S. Department of Justice (DOJ) has reportedly launched a civil rights investigation into the city of Memphis and the Memphis Police Department. According to CNN, the investigation was announced Thursday. Additionally, the investigation arrives months after the passing of Tyre Nichols. Nichols was fatally beaten by Memphis authorities following …
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A civil rights investigation has been launched amid complaints of mistreatment from Black mothers who give birth at Cedars-Sinai Medical Center. The federal probe comes after Charles Johnson IV filed a lawsuit against the hospital in 2022. The civil rights suit was brought about following the 2016 death of his …
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