News with the tag "legal"

The DOJ handed down a prison sentence after the SEC’s social media was hacked to falsely announce bitcoin ETF approval, briefly sending crypto markets into overdrive. DOJ Sentences Hacker for SEC X Breach and Bitcoin ETF Hoax The U.S. Department of Justice (DOJ) announced on May 16 that a resident o...

The Department of Justice revealed he funneled over $185,000 to ISIS from 2019 to 2022, using crypto channels to mask the illicit flow of funds. Meanwhile, Michelle Bond, wife of former FTX executive Ryan Salame, is seeking to dismiss her campaign finance charges, and claimed that prosecutors misled...

The legal saga stemming from the dramatic FTX collapse continues to unfold, bringing new and often surprising twists. At the heart of the latest development is Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame. Bond is currently facing federal campaign finance charges, but she...

The hammer has fallen in a high-profile case shaking the cryptocurrency world. Alex Mashinsky, the former chief executive officer of the now-bankrupt crypto lending platform Celsius Network, has been sentenced to a significant prison term. This development marks a critical moment for accountability ...

The SEC has finally filed its long-awaited settlement agreement with Ripple, signaling a pivotal moment that could unleash XRP’s momentum and reshape crypto regulation forever. SEC and Ripple File Final Settlement in XRP Case—Now All Eyes on Judge Torres The U.S. Securities and Exchange Commission (...

Alex Mashinsky, the former CEO of cryptocurrency lender Celsius Network, was sentenced today to 12 years in prison for defrauding customers and manipulating the price of the platform’s native token, CEL. In December 2024, Mashinsky pleaded guilty to one count of commodities fraud and one count of se...

The legal troubles surrounding the popular yet controversial cryptocurrency project SafeMoon continue to unfold. In a significant development, the former SafeMoon CEO , Braden John Karony, has formally entered a not guilty plea in a federal court, pushing forward a trial that will scrutinize the ope...

Federal prosecutors have asked a judge to sentence former Celsius Network CEO Alex Mashinsky to at least 20 years in prison for orchestrating a multiyear fraud that caused over $550 million in losses to cryptocurrency investors. Mashinsky’s $48M Gain from Celsius Collapse Demands 20 Years, Prosecuto...

While Samourai Wallet asked for some more time in its legal battle, the DeFi Education Fund petitioned Trump to end the prosecution of Tornado Cash developer Roman Storm, and warned that it threatens open-source innovation. At the same time, Democratic senators Elizabeth Warren and Adam Schiff raise...

According to documents released on April 24, the regulator postponed its decision on a proposal from Grayscale to convert their Polkadot Trust, as well as an application from Canary to list the HBAR ETF until June 11. The decision deadline was originally set to expire at the end of this week. In add...