News with the tag "asset freeze"

“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.

The stablecoin firm previously came under fire from Wyoming Senator Cynthia Lummis for allegedly facilitating illicit finance activities.

The SEC has accused the two brothers of using investor money to fund lavish lifestyles, including the purchase of cars and a multimillion-dollar condominium.

Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on Friday giving additional crypto-related powers to the UK’s National Crime Agency (NCA) and police, according to a new government announcement. The announcement ...

After Judge James Mellor in the U.K. rendered his decision in the notable lawsuit initiated by the Crypto Open Patent Alliance (COPA) against Craig Wright, he concluded that Wright did not embody the persona of the pseudonymous Satoshi Nakamoto. Subsequently, Mellor enforced a worldwide injunction o...

Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its "node licenses."

Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary restrai...

Red tape and confusion has been the theme in crypto news as of late, with cryptocurrency firms scrambling to stay compliant with regulators like the U.S. Securities and Exchange Commission (SEC), with little to no definite regulatory clarity made available to them thus far. In the wake of lawsuits b...

Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American subsi...

Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought ...