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Regulators

SEC Warns FTX Bankruptcy Estate it May ‘Challenge’ Distributions to Creditors Involving Crypto Assets

The U.S. Securities and Exchange Commission (SEC) is signaling potential objection to FTX’s proposed plan to repay creditors with stablecoins.…

September 2, 2024

Banking Giant Prepares for $3,000,000,000 Fine Over Role in Massive Money Laundering Scheme: Report

A US bank is reportedly setting aside an additional $2.6 billion while preparing to pay a major penalty to regulators.…

September 2, 2024

Federal Trade Commission Issues Warning on Crypto ATM Scams, Says Victims Losing $10,000 on Average: Report

The Federal Trade Commission (FTC) is reportedly issuing a warning about crypto ATM scams, noting that victims are losing thousands…

September 2, 2024

Gold Dealers Part of ‘Large Laundering Network’ Agree To Plead Guilty to National Crypto and Romance Scam: Report

Two US-based gold dealers are reportedly pleading guilty over their roles in a nationwide scam that involves cryptocurrencies. According to…

September 1, 2024

Former FTX Executive Withdraws Filing, Alleges US Government Broke Its Promises – Judge Sets Hearing Anyway

Former FTX executive Ryan Salame has withdrawn a previous court filing accusing the US government of walking back its promise…

August 31, 2024

US Judge Dimisses Class Action Dogecoin (DOGE) Lawsuit Against Elon Musk and Tesla

A US judge tossed the class action lawsuit accusing Elon Musk and his company Tesla of manipulating the Dogecoin (DOGE)…

August 31, 2024

Majority of US Crypto Owners Support Donald Trump, Though the Former President Is Down Overall: New National Poll

The majority of crypto owners in the US support Donald Trump over Kamala Harris despite the former president being behind…

August 31, 2024

JPMorgan Chase, Bank of America and Wells Fargo Allegedly Reap Billions of Dollars on Backs of Misled Customers As Lawsuits Hit Multiple Financial Giants

A growing number of US banks are accused of routinely misleading customers in a push to pocket billions of dollars.…

August 31, 2024

Altcoins Could Do Well if Republicans Win, Bitcoin the Safe Bet if Democrats Retake White House: Alex Krüger

A widely followed economist believes that the outcome of this November's US presidential election could have significant ramifications for the…

August 31, 2024

Bitcoin (BTC) Mining in Texas Increases by 30% in August As Electricity Prices Plummet

New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as…

August 30, 2024