News with the tag "Cases"

XRP has the potential to become a significant driver of market activity, but certain key developments need to occur. These factors could catalyze substantial price movement and increased adoption of the digital asset. Regulatory Clarity as a Crucial Catalyst One of the primary factors that could pro...

Alex Mashinsky, the founder and former CEO of collapsed crypto lender Celsius Network, faces the prospect of spending the next two decades behind bars if the U.S. Department of Justice's sentencing memo request is granted. In the memo filed late Monday, the DOJ urged the court to impose a 20-year pr...

The year is 2025. It’s more than 16 years since the Bitcoin whitepaper was published and 10 years since the launch of Ethereum, and the programmable smart contract layer that came with it. With billions of dollars invested in the industry, and tens of thousands of developers contributing thousands o...

The U.S. Securities and Exchange Commission's top lawyer, General Counsel Megan Barbero, will step away next week , joining the exodus of top agency officials who had been responsible for the SEC's legal battles with the crypto industry in recent years. "Her measured advice and judgment have been cr...

The crypto industry's most notorious rapper, Heather Morgan – more widely known as Razzlekhan – released a new music video as U.S. authorities stand ready to imprison her for criminally laundering portions of the crypto loot her husband was convicted of pilfering from Bitfinex. In the song, 'Razzlek...

Crypto exchange Gemini agreed to pay $5 million to settle a case with the U.S. Commodity Futures Trading Commission over allegedly misleading statements it made more than seven years ago about how easily the price of a bitcoin futures contract could be manipulated. Cameron and Tyler Winklevoss' exch...

Do Kwon, founder of the failed Terra Luna crypto ecosystem, pleaded not guilty to charges of fraud following his Dec. 31 extradition to the U.S., Reuters reported on Thursday. Kwon's Terraform Labs developed the luna cryptocurrency and algorithmic stablecoin terraUSD, which collapsed in 2022 with th...

Craig Wright, who falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of bitcoin, is in court again. This time, the Crypto Open Patent Alliances is arguing Wright's attempt to sue for 900 million pounds ($1.1 billion) over intellectual property rights related to the Bitcoin system in Oc...

Crypto banking activity was paused or prevented by the Federal Deposit Insurance Corp. at a large number of U.S. banks in 2022, according to communications pried loose by a research firm hired by Coinbase Inc. (COIN). Coinbase's hired help, History Associates Inc., had taken the FDIC and the Securit...

NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast.