Law News
The Many Layers of the SEC’s First NFT Enforcement Action
I cannot recall something that was labeled as a non-fungible token (NFT) being treated as a security by U.S. regulators previously. Accordin...
DOJ seeks to dismiss star lineup of expert witnesses in Sam Bankman-Fried trial
The U.S. Department of Justice wants the court to disqualify all the expert witnesses of Sam Bankman-Fried, per an Aug. 28 court filing. Acc...
Two U.S. SEC Commissioners Challenge First NFT-Related Enforcement Action
On 28 August 2023, the U.S. Securities and Exchange Commission (SEC) announced that it had charged Impact Theory, LLC, a Los Angeles-based m...
Republican lawmakers object to Fed’s proposed crypto, stablecoin rules
Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. ...
Prime Trust Filing Reveals Cascade of Failures That Led To Bankruptcy Filing
Irresponsible spending. Misjudging summer 2022’s crypto market implosion. Getting locked out of its own cryptocurrency wallet. These a...
Hedging The End Of Fiat
It is slowly coming clear that the fiat dollar’s hegemony is drawing to a close. That’s what the BRICS summit in Johannesburg is all abo...
When Did Privacy Become a Bad Word?
In the aftermath of the Tornado Cash arrests, the DeFi Education Fund’s Amanda Tuminelli and Miller Whitehouse-Levine write about the ...
U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe f...
Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says
Crypto custodian Prime Trust invested millions in a stablecoin that then collapsed. CEO’s statement the latest in a series of mismanagemen...
Bitcoin miner gets life in prison, China offers bounties for crypto firms: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. HashKey Hong Kong to commence retail trading...
UK’s Travel Rule Troubles Showcase Global Challenge for Crypto
U.K. crypto firms have just days to comply with new anti-money laundering requirements – but they are seeking more guidance given patchy i...
Crypto scam targets law personnel; SEC charges accused
The officer faced charges of allegedly orchestrating fraudulent crypto schemes and misleading investors. The accused allegedly incurred subs...