New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests.
Category: Regulation News
SEC’s Binance suit contains heavy mix of predictable charges, novel revelations
The world’s largest cryptocurrency exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely.
How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5
There is no shortage of regulatory efforts to mitigate the negative impacts of artificial intelligence.
Fines and regulation: The ever-growing landscape of crypto compliance
How have the regulatory and legal frameworks governing cryptocurrency fines transformed over the years, and what are the key trends and challenges?
Pro-XRP attorney’s phone hacked to promote LAW token
Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP community responded, spreading awareness.
SEC sues Binance in US District Court for unregistered securities operations
According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States.
Hong Kong’s regulatory lead sets it up to be major crypto hub
Hong Kong is increasingly solidifying its status as a crypto hub in Asia despite most other countries taking a cautious approach.
EU officials want all AI-generated content to be labeled
European Commission Vice President, Vera Jourova, said that companies deploying generative AI tools with the potential to spread disinformation should be publicly labeled.
‘Crypto Tsar’ needed to ensure coordinated approach in the UK: EU lawmakers
APPG chair Lisa Cameron emphasized the report’s significance in securing the U.K.’s leadership in the crypto sector and safeguarding consumers.
Do Kwon out on bail once again after court dismisses prosecution appeal
The Terraform Labs co-founder is out on bail after a successful appeal in Montenegro but will be closely monitored until his next court appearance.