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Regulators

Bank of America Blames Customers, Ignores Law, Denies Fraud Claims Without Any Explanation or Proof Whatsoever: New Class-Action Allegations

A Bank of America customer just launched a class-action lawsuit accusing the lender of illegally refusing to reimburse legitimate victims…

May 17, 2024

US Senate Votes To Eliminate Controversial SEC Crypto Policy After President Biden Vows Veto

The US Senate just passed a bill overturning SEC guidelines that disincentivize banks and large financial institutions from holding Bitcoin…

May 16, 2024

Coinbase Chief Legal Officer Calls Out SEC for ‘Gaslighting’ Crypto Project, Says Practice Should Not Stand

Coinbase's chief legal officer thinks the U.S. Securities and Exchange Commission (SEC) is "gaslighting" the US courts and the crypto…

May 15, 2024

Crypto Brokerage Firm Falcon Labs Set To Pay Over $1,768,000 in Settlement With CFTC

The U.S. Commodity Futures Trading Commission (CFTC) is ordering the Seychelles-registered cryptocurrency brokerage firm Falcon Labs to pay nearly $2…

May 15, 2024

CFTC Warns Public of ‘Money Mule’ Scams Involving Crypto Disguised As Work-From-Home Opportunities

Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the…

May 15, 2024

Uniswap Creator Hayden Adams Issues Warning to Democrats, Says Republicans ‘Smell Blood’ and Turning to Crypto

Uniswap Labs chief executive Hayden Adams is warning Democrats that their anti-crypto agenda could cost them dearly in the November…

May 14, 2024

Tornado Cash Developer Alexey Pertsev Sentenced to Five Years and Four Months in Prison by Dutch Court

Tornado Cash developer Alexey Pertsev has been sentenced to 64 months in jail for laundering billions of dollars, according to…

May 14, 2024

Mark Cuban Says SEC Could Have Prevented FTX if It Had Followed in Japan’s Regulatory Footsteps for Crypto

Celebrity billionaire Mark Cuban thinks the U.S. Securities and Exchange Commission (SEC) could've prevented the FTX-related crypto collapse in late…

May 14, 2024

ARK and 21Shares Remove Staking Provision From Spot Ethereum ETF Application

Asset manager ARK Invest and fintech firm 21Shares have made key revisions to their application for a spot Ethereum (ETH)…

May 13, 2024

Brad Garlinghouse Sees SEC Losing Against Crypto in the Long Run, Calls Enforcement Actions ‘Speed Bumps’

The chief executive of Ripple Labs says that he sees the U.S. Securities and Exchange Commission (SEC) losing its battle…

May 13, 2024