Law News
Kentucky Crypto Bill Sparks Backlash Over “Backdoor” Wallet Provision
Kentucky's HB380 faces backlash over a last-minute amendment requiring hardware wallet providers to help recover seed phrases. ...
US Senate Eyes April Vote on Landmark Crypto Market Structure Bill
Senator Cynthia Lummis confirmed the Senate Banking Committee will mark up the CLARITY Act in the second half of April, with a May deadline ...
Kalshi Slams Arizona Charges as ‘Overstep’ in Prediction Market Showdown
Arizona’s criminal case against Kalshi deepens a growing clash over whether prediction markets fall under state gambling laws or federal o...
Sen. Adam Schiff Proposes Bill to Ban “War and Death” Bets on Prediction Markets
US Senator Adam Schiff has introduced legislation aimed at banning prediction market contracts tied to violent events such as wars or assass...
US Prosecutors Push for October Retrial of Tornado Cash Developer Roman Storm
Federal prosecutors want another trial for Tornado Cash developer Roman Storm after jurors failed to reach verdicts on money-laundering and ...
Judge Dismisses Terrorism Lawsuit Against Binance Over Lack of Direct Link to Attacks
A US judge threw out claims that Binance helped finance terrorism, ruling plaintiffs failed to show a clear connection between the exchange ...
Crypto Lender BlockFills Faces Restructuring, Lawsuit After Losses and Accounting Issues
BlockFills faces restructuring after trading, lending and mining losses forced a withdrawal freeze while a lawsuit alleges mishandling of cu...
Contractor’s Son Arrested Over Alleged $46M Crypto Theft From US Marshals
John "Lick" Daghita was arrested in Saint Martin in a joint FBI and French Gendarmerie operation, charged with stealing $46 million from US ...
Taiwan Indicts 62 People Over Alleged Links to Prince Group Criminal Network
Taipei prosecutors indicted 62 individuals and 13 companies for laundering NT$10.7 billion tied to the Cambodia-based Prince Group, a DOJ-de...
South Korea Orders Crypto Asset Review After $4.8M Wallet Blunder
South Korea has launched a cross-agency review of how seized digital assets are managed after tax officials accidentally exposed a wallet se...
Lawmakers Move to Shield Crypto Developers From Federal Prosecution
US blockchain coders creating software that doesn’t involve taking custody of customer money will be protected from criminal prosecution u...
US Democrats Probe Binance Amid $1.7 Billion Iranian Sanctions Evasion Allegations
US Democratic Senator Richard Blumenthal wrote to Binance CEO Richard Teng amid concerns the crypto exchange has been involved in Iranian sa...