The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System.
Category: Ethereum News
IMF exec board endorses crypto policy framework, including no crypto as legal tender
The principles are broad and general, with the exception of the stand against crypto as legal tender, which the IMF has repeatedly expressed to El […]
SEC files objection to Binance.US bid for Voyager assets
The SEC has moved to bar final approval of Binance.US’ $1 billion bid for assets belonging to bankrupt crypto lending firm Voyager Digital.
Kim Kardashian, Floyd Mayweather file motion to dismiss crypto promotion lawsuit
The defendants pointed out that the renewed allegations push the same theory the court had already rejected.
Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges
The indictment against the former FTX CEO included an additional charge for conspiracy to commit bank fraud and details on his alleged unlawful political contributions.
3AC liquidators to sell firm’s NFTs to realize value amid bankruptcy
The announcement said the sales would commence 28 days after Feb. 22, when the notice went out.
Trade group accuses SEC of ‘stealthy’ overreach in Coinbase insider trading case
The Chamber of Digital Commerce has accused the SEC of trying to impose securities regulations via the “back door” of an insider trading lawsuit.
CoinEx crypto exchange sued by New York for failing to register with state
The NY Attorney General is looking for a court order to remove the exchange from the state and wants it to block all internet addresses […]
Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
According to the Department of Justice, Forsage employed smart contracts which were coded in ways consistent with a Ponzi scheme.
Gary Gensler’s SEC is playing a game, but not the one you think
Gensler has made a show of cracking down on crypto companies that haven’t engaged in actual misconduct. When real fraud is taking place, he’s nowhere […]