Tag Archives: scrutiny

Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security status. Broader Recognition Of Ethereum Security Nature Taking to the …

In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor.  The decision concerns the firm’s previous work for the now-bankrupt FTX exchange. The monitorships were part of the $4.3 billion deal in which …

A Bitcoin Core developer meeting has come under the FBI’s scrutiny. Mike Schmidt, Director at Brink—a charitable organization that funds open-source developers—has revealed in an email to attendees of the CoreDev Atlanta 2022 that the FBI issued a subpoena demanding information on those who were part of the October 2022 …

According to a Reuters report, the US Securities and Exchange Commission (SEC) has raised concerns regarding Terraform Labs’ hiring of the law firm Dentons and the payment of litigation costs for its employees during the company’s bankruptcy proceedings.  The SEC argues that a $166 million retainer payment made to Terraform …

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 …

A report from news outlet Reuters indicates increasing oversight by Israeli authorities on transactions on TRON. The report comes amid backlash from the crypto community due to mainstream media outlets trying to link crypto to illegal activity. BTC’s price trends to the upside on the daily chart. Source: BTCUSDT on …

US Senator Cynthia Lummis has recently criticized the United States Securities and Exchange Commission (SEC)’s regulatory approach over Kraken, the San Francisco-based cryptocurrency exchange, without clear crypto rules. US Senator’s Critics Toward The SEC Approach Over Kraken On Monday, November 20, the United States Securities and Exchange Commission (SEC) filed …

With Stéphanie Cabossioras’ resignation, she joins at least 10 other senior executives who have left Binance this year. Stéphanie Cabossioras has resigned from her role as executive director of Binance France, the French arm of the world’s largest cryptocurrency exchange. Her departure comes as the latest in a series of …

Binance, the world’s largest cryptocurrency exchange, is currently grappling with challenges that have raised concerns about its credibility and market performance.  Recent reports by Forbes shed light on Binance’s initial coin offering (ICO) and the subsequent distribution of its native cryptocurrency, Binance Coin (BNB).  Behind The Curtain The investigation reveals …

In a somewhat surprising turnaround, Tether Holdings has resumed its stablecoin lending activities from its earlier intention to scale down such operations. The company has reinitiated the lending of its own stablecoin – USDT – to clients after a temporary hiatus lasting less than a year. This decision was prompted …

According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks.  This decision comes just days after a Wall Street Journal exposé shed light on how the exchange allegedly facilitated the movement of …

Crypto, Barbie and her ever-supportive partner Ken may have many things in common. Margot Robbie, the renowned Australian actress, took on the iconic role of Barbie in her latest flick. However, it wasn’t her portrayal of the beloved doll that caused a stir: it was her unexpected comments about Bitcoin …