Cryptocurrency Law News
Harris Now Reportedly Supports AI, Crypto, Community Has Mixed Feelings
Vice president and Democratic candidate Kamala Harris made her first comments about crypto during a Manhattan fundraiser. She emphasised the...
ASIC Says All Crypto Start-Ups Must Have Financial Services Licence
Australian crypto exchanges will need official financial service licenses to operate within the nation, according to new guidelines from the...
Judge Approves Terraform Labs Bankruptcy Plan for Wind-down Following SEC Settlement
The Terraform Labs collapse in 2022 sparked one of the crypto market’s biggest downturns in recent history. The calamitous failure of the ...
Consumer Watchdog Flags Tether for Lack of Transparency in US Dollar Reserves Audit
It’s been some time since Tether made headlines about its alleged lack of transparency regarding the company’s US dollar reserves, which...
UK Bill to Classify Cryptocurrency as Personal Property
A draft bill recognising digital assets, such as Bitcoin and other cryptocurrencies, as personal property was yesterday introduced into the ...
First US Congressional DeFi Hearing Reveals Sharp Divide Over Regulatory Framework
The landmark US Congressional hearing into decentralised finance (DeFi) took place yesterday, highlighting the stark partisan divide over re...
FBI: Crypto Fraud Cases Increase by 45%, Reaching $5.6 Billion
Crypto investors lost a record US$5.6 billion (AU$8.4 bn) to cyber crimes and Ponzi schemes in 2023 —marking a 45% increase from 2022, acc...
Souvlaki and Crypto King Sam Karagiozis Cleared in Drug Trafficking Case
Following a five year legal tussle, the case against crypto and souvlaki kingpin, Sam Karagiozis, has collapsed after police and prosecutors...
Australian Court Deals Blow to Kraken’s Operator as US Lawsuit Presses On
The Federal Court of Australia Friday ruled that Bit Trade Pty Ltd., the company that operates Kraken Australia, had breached the Corporatio...
Telegram Founder and CEO Arrested in France, TON Price Plummets
Toncoin’s 2024 Cinderella story has hit a major roadblock, with the CEO of Telegram’s popular messaging app arrested in France on a ...
CZ, Binance Face New Legal Challenge as Former CEO Moves to Halfway House
It looks like former Binance CEO, Changpeng Zhao (CZ), has checked out of the big house and is now holed up in a smaller, cosier house — s...
Australian Man Receives 3-Year Sentence for Spending AU$6.07 Million in Mistaken Crypto.com Refund
The Aussie man who turned AU$100 into a AU$10.47 million windfall (using one simple trick the big banks don’t want you to know about), has...