CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit in opposition to Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities....
Judge Denies Coinbase Dismissal Request; CEO Hails Win for Self-Custody Wallets
New York Judge Katherine Polk Failla has dominated that the U.S. Securities and Exchange Commission (SEC) has “sufficiently pleaded” its case and the lawsuit will...
DOJ Charges Trio Behind $400 Million SIM Swap Attack on FTX
The United States Department of Justice has charged three people accused of masterminding the SIM-swapping assault that siphoned over $400 million from FTX. The indictment...
Supreme Court Ruling Bolsters Australian FTX Creditors’ Prospects for Full Recovery
The prospects of Australian collectors of the crypto alternate FTX getting all their a refund just lately acquired a lift after a choose dominated that...
CFTC Files Civil Enforcement Action Against Bogus Crypto Exchange Debiex
The U.S. commodities regulator revealed on Jan. 19 that it had filed a civil enforcement motion in opposition to a bogus digital asset change platform....
Crypto Exchange Bitget Reveals Mandatory KYC Policy With Incentives for Early Compliance
On Thursday, the crypto alternate Bitget, headquartered in Seychelles, introduced its resolution to implement complete Know Your Customer (KYC) insurance policies throughout its platform. These...
Okx Dex Falls Victim to $2.7M Cyber Heist, Arkham Confirms
Numerous studies reveal {that a} safety breach at Okx’s decentralized alternate (dex) platform resulted in monetary damages estimated at $2.7 million, as confirmed by the...
New York AG Secures $22 Million Settlement From Kucoin for Unregistered Trading Activities
In a latest authorized improvement, New York Attorney General Letitia James has efficiently obtained over $22 million from Kucoin, a well-known crypto buying and selling...
Judge Greenlights Plea Deal in High-Profile Binance Case; CZ Faces Sentencing in 2024
A U.S. federal decide has endorsed the plea deal agreed upon between the U.S. authorities and Changpeng Zhao, the founding father of Binance, broadly generally...
Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million
Only 5 p.c of surveyed South African crypto-asset monetary service suppliers (FSPs) are producing income between $8 million and $10 million. The Financial Sector Conduct...