Shaquille O’Neal signed an $11 million settlement in exchange for dismissing a class-action lawsuit.
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Category: Regulation News
California judge rules DAO members liable under partnership laws
A16z Crypto’s Miles Jennings posted on X that the ruling is a “huge blow” to decentralized governance.
US lawmakers demand Treasury answer what it's doing about Tornado Cash
The Democrat members of Congress want answers from the Treasury on why Tornado Cash is still operating after being sanctioned.
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019.
Coinbase CEO to meet with Trump to discuss personnel appointments — WSJ
Before US Election Day, Brian Armstrong said Coinbase was “prepared to work” with either a Kamala Harris or Donald Trump administration
Bitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prison
A federal judge sentenced Heather Morgan, also known as Razzlekhan, to 18 months in prison for laundering stolen Bitcoin connected to Bitfinex.
OCC notice suggests impending launch for spot Bitcoin ETF options trading
Some experts suggested that options trading for shares of BlackRock’s iShares Bitcoin Trust could launch on the Nasdaq as early as Nov. 19.
18 US states file lawsuit against SEC, Gary Gensler: Law Decoded
Consensys CEO Joe Lubin said SEC crypto cases will be settled or dismissed under the incoming Trump administration.
Speculation looms over SEC leadership under Trump as rhetoric escalates
US Securities and Exchange Commission Chair Gary Gensler has not announced he will leave the commission, nor has Donald Trump suggested a possible replacement.
Nepal to fight crypto fraud with public awareness, transaction monitoring
The Financial Intelligence Unit of Nepal has identified growing crypto-related fraud despite a trading ban and proposed transaction monitoring, awareness campaigns and stricter regulations.