The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according […]
Category: Ethereum News
FTX pursues $244M clawback from ‘wildly inflated’ Embed acquisition deal
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a “wildly inflated” price for the company.
Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators
Panelists at a discussion on “Fighting the Anti-Crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as […]
Congressional crypto hearing illustrates political stalemate on digital assets
The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC.
How can legal chatbots enhance access to justice?
Legal chatbots can enhance access to justice by providing affordable and easy-to-access legal assistance to those who cannot afford traditional legal services.
Italy sets aside millions for workers at risk of AI replacement
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI.
SEC warns that Filecoin ‘meets definition of a security’ — Grayscale
The regulator has asked Grayscale to withdraw its application for a Filecoin Trust product, saying it believes its underlying asset is a security.
Korean lawmakers rally toward crypto rules in May after grisly murder case: Report
Crypto policy-making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets.
Wells Fargo to pay $1B in shareholders lawsuit settlement
A Redditor highlighted the recurring violations of regulations by banks, expressing their frustration at the relatively muted response from the SEC.
Ripple to demonstrate tokenization in HKMA e-HKD pilot program using new CBDC platform
The Hong Kong Monetary Authority is looking at retail CBDC use cases, such as the equity release of tokenized real estate assets with Ripple’s new […]