Things are heating up on the AI legislation front with Anthropic voicing its support of an AI bill introduced by senator Scott Wiener, one which […]
Category: Regulation News
Crypto pyramid scheme leader extradited to China after global pursuit
As digital currencies continue to gain popularity worldwide, the risk of related economic crimes also increases.
OmegaPro co-founder arrested over $4 billion crypto scam
Andreas Szakacs, the co-founder of OmegaPro was arrested in Turkey in relation to his alleged involvement in a multi-billion-dollar crypto scheme.
Crypto law firm loses appeal to force SEC’s hand on Ether classification
Hodl Law sued the SEC in 2022, claiming it could face the regulator’s ire for using Ethereum and wanted a court to force it to […]
Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian […]
FBI will use NFTs to contact victims of crypto fraud scheme Clucoin
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pled guilty to using the funds to fund his […]
Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
Kamala Harris campaign may focus on highlighting innovation over crypto
Many in the industry don’t expect the Vice President to mention digital assets at the DNC, but her views on technology and regulation could signal […]
Changpeng Zhao moved to custody of field office ahead of Sept release
As of Aug. 22, the US Federal Bureau of Prisons listed the former Binance CEO as an inmate of the Residential Reentry Management Long Beach […]
Partner of ex-FTX exec hit with campaign finance charges
Michelle Bond, who ran for a seat in the US House of Representatives in 2022, faces four charges related to violations of campaign finance law.