Nikhilesh De

binance-founder-changpeng-zhao-should-spend-3-years-in-prison,-doj-says
Posted by | April 23, 2024
Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says

Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering...

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the-ever-dwindling-chances-for-a-stablecoin-law
Posted by | April 23, 2024
The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try...

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crypto-lobbyists-sue-sec-over-‘dealer’-definition
Posted by | April 23, 2024
Crypto Lobbyists Sue SEC Over ‘Dealer’ Definition

A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity has gone too far, a lawsuit by the Blockchain Association and Crypto...

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Posted by | April 18, 2024
Chia Network Makes Progress Toward an IPO, CEO Says

Chia Network (XCH), which uses a novel consensus mechanism for running its blockchain, has made progress toward getting its stock trading through an initial public offering, its CEO said Thursday....

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hacker-sentenced-to-3-years-in-prison-for-stealing-over-$12m-from-crypto-exchanges
Posted by | April 12, 2024
Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Crypto Exchanges

Shakeeb Ahmed, a security engineer who stole over $12 million from two different decentralized cryptocurrency exchanges (DEXs) built on Solana, was sentenced to three years in prison and three years...

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tornado-cash-dev-roman-storm-moves-to-dismiss-indictment-over-crypto-laundering-allegations
Posted by | March 30, 2024
Tornado Cash Dev Roman Storm Moves to Dismiss Indictment Over Crypto-Laundering Allegations

Tornado Cash developer Roman Storm's legal team filed a motion Friday to dismiss a criminal indictment alleging he conspired to commit money laundering and violate sanctions. Storm was arrested last...

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custodia-bank-loses-lawsuit-challenging-fed-rejection-of-master-account-application
Posted by | March 29, 2024
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application

A federal judge has rejected Wyoming-based Custodia Bank's argument that it is entitled to a Federal Reserve master account and membership with the Fed. Judge Scott Skavdahl, of District of...

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binance-is-having-an-odd-time
Posted by | March 26, 2024
Binance Is Having an Odd Time

Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is...

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Posted by | March 8, 2024
Appeals Court Revives Aspiring Class Action Lawsuit Against Binance

An appeals court ruled that a district judge improperly dismissed an aspiring class action lawsuit against Binance. The ruling doesn't make any statement about whether certain crypto tokens are securities...

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us.-department-of-energy-will-start-comment-period-on-miner-survey-proposal
Posted by | March 1, 2024
U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal

The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain...

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