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August 2, 2023
On Tuesday, Sam Bankman-Fried said he never sought to intimidate witnesses at his scheduled October fraud trial, and there was no reason to jail him.
August 1, 2023
The crypto market has been heating up after a long crypto winter. Recently, Celsius Network, a crypto lending firm that filed for bankruptcy, and its former CEO, Alex Mashinsky, have been slapped with lawsuits by three US governmental agencies. The US Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Federal Trade Commission (FTC) have all levied court orders against Celsius Network and Mashinsky, who was also arrested on fraud charges.
July 29, 2023
Crypto presales can be hit or miss. Some projects, including the smart techno pup, Shiba Memu, have captured the attention of investors for all the right reasons. Others, including Web3 Ignite, are already infamous for posing a real risk to unwitting investors.
July 29, 2023
Risk Factors Unless otherwise specified, capitalized terms used herein but not defined herein have the meanings given to such terms in the Companys registration statement on...
July 28, 2023
Crypto is turning to Asia as the industry reels from a US crackdown. Read more at straitstimes.com.
July 27, 2023
The crypto industry has been in the regulatory crosshairs since investors
July 27, 2023
Celsius Network and its account holders have reached a new agreement that could expedite the settlement of more than 30,000 claims filed against the bankruptโฆ
July 27, 2023
The bill passed by the House Financial Services Committee would define when a cryptocurrency is a security or a commodity and expand the Commodity Futures Trading Commissions (CFTC) oversight of the crypto industry, while clarifying the Securities and Exchange Commissions jurisdiction, as many crypto advocates complain of the agencys perceived overreach.
July 27, 2023
Until recently, the nature of ownership of assets on deposit with a third party was not controversial. If a local bank branch goes bankrupt, the cash or other assets deposited with the...
July 26, 2023
A key congressional committee is set to vote this week on several bills that would develop a regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry. Among the legislation the House Financial Services Committee is scheduled to consider are a bill that would define when a cryptocurrency is a security or a commodity and another that would establish a regime to oversee stablecoins - digital tokens typically b...