Regulators

Posted by | February 10, 2024
New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint

In a newly amended complaint, New York State Attorney General (AG) Letitia James alleges that investment giant Digital Currency Group (DCG) and its affiliate Genesis defrauded some 230,000 investors out...

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Posted by | February 8, 2024
US-Based Crypto Exchange Cracks Into Europe’s Fifth-Largest Economy With VASP Registration

A prominent US-based crypto exchange platform is venturing into Europe’s fifth-largest economy after acquiring the proper registration. In a new press release, crypto trading platform Kraken announced that it has obtained...

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Posted by | February 8, 2024
Crypto Exchange CEO Sentenced to Seven Years in Prison for Swindling Millions From Customers: Report

South Korean authorities have reportedly convicted two top executives of the crypto exchange Bitsonic. According to local news agency Newsis, the Seoul Eastern District Court sentenced Bitsonic CEO Jinwook Shin...

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Posted by | February 8, 2024
Montenegro’s Appellate Court Revokes Terra (LUNA) Founder Do Kwon’s Extradition to the US, Orders a Retrial

An appellate court in Montenegro is revoking the extradition of disgraced Terra (LUNA) founder Do Kwon to the US and has ordered a retrial. According to a new press release,...

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Posted by | February 7, 2024
Ransomware Makes Comeback With Over $1,000,000,000 Extorted in 2023, According to Chainalysis

New data from market intelligence platform Chainalysis reveals that ransomware attacks resurfaced in 2023, extorting over $1 billion from investors throughout the year. In a new blog post, Chainalysis says...

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Posted by | February 7, 2024
Pro-XRP Lawyer Says Coinbase Has 40% Chance of Winning Motion To Dismiss SEC Lawsuit

XRP supporter and lawyer John Deaton is weighing in on the possibility of Coinbase emerging victorious in a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against the...

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Posted by | February 7, 2024
Treasury Secretary Janet Yellen Issues Warning on Crypto Asset Volatility, Says Legislation Needed

U.S. Treasury Secretary Janet Yellen wants Congress to act on crypto. Yellen testified before the House Committee on Financial Services on Tuesday and outlined the Financial Stability Oversight Council’s (FSOC)...

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Posted by | February 5, 2024
Billionaire Mike Novogratz Says Myriad of Tailwinds To Imminently Boost Crypto Industry – Here’s His Outlook

Early Ethereum (ETH) investor Mike Novogratz says bullish conditions are starting to form for crypto, making him optimistic about the digital asset markets. In a new discussion at the Global...

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Posted by | February 4, 2024
SkyBridge Capital Founder Anthony Scaramucci Predicts Coinbase Will Win ‘Instrumental’ Legal Battle With SEC: Report

Hedge fund veteran Anthony Scaramucci reportedly says that US-based crypto exchange Coinbase will emerge victorious from its legal battle with the U.S. Securities and Exchange Commission (SEC). Speaking at a...

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Posted by | February 4, 2024
SEC Charges Founder of Online Crypto Course for Running $1,200,000 Fraud Scheme Targeting Students

The U.S. Securities and Exchange Commission (SEC) is taking legal action against Brian Sewell and his company Rockwell Capital Management for allegedly defrauding investors for more than a million dollars....

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