Get the scoop on finance - sign up for mobile alerts

Regulators

Tornado Cash Developer Asks for Support Ahead of Trial That Could Set ‘Major Precedent’ for Crypto

One of the founders of sanctioned crypto mixer Tornado Cash (TORN) is asking for financial help ahead of his criminal…

January 23, 2024

Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection

Collapsed crypto company Terraform Labs has filed for Chapter 11 bankruptcy in the United States. The firm submitted a voluntary…

January 23, 2024

World’s Largest Bank To Pay $32,400,000 for Violating Bank Secrecy Act, Backdating Documents and Exposing Confidential Information

The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based…

January 22, 2024

Elizabeth Warren Says Crypto Needs To Follow Anti-Money Laundering Laws, Citing New Government Report

US Senator Elizabeth Warren is once again calling for an anti-crypto crackdown amid a new government report suggesting that certain…

January 22, 2024

Former CEO Sentenced to Two Years Behind Bars for ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts

The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme…

January 22, 2024

Brad Garlinghouse Predicts Regulatory Clarity for Stablecoins in 2024, Says Dollar-Pegged Crypto Solves Real Need

Ripple Labs chief executive Brad Garlinghouse is predicting that regulatory clarity will come to stablecoins in 2024. In a new…

January 21, 2024

JPMorgan Chase Pays $18,000,000 Fine for Forcing Customers To Stay Silent About Bank’s Bad Behavior

The U.S. Securities and Exchange Commission says JPMorgan Chase will pay an $18 million fine for actively working to stop…

January 21, 2024

Bloomberg Analyst Estimates There’s 70% Chance Coinbase Wins Motion To Toss SEC Lawsuit

A Bloomberg intelligence analyst is estimating that top US-based crypto exchange platform Coinbase has a 70% chance of winning a…

January 20, 2024

Binance’s Legal Defense Against US Securities Regulator Pushed Back to Next Week Due to Snow: Report

Crypto exchange Binance’s legal defense against the U.S. Securities and Exchange Commission (SEC) has reportedly been delayed due to heavy…

January 19, 2024

SEC Postpones Decision on Fidelity Investments’ Spot Ethereum ETF Application to March

The U.S. Securities and Exchange Commission (SEC) is delaying its decision on banking giant Fidelity’s spot market Ethereum (ETH) exchange-traded…

January 19, 2024