One judge has ruled on a key crypto case of late, while the other has ruled on high-profile political cases in the U.S. in recent times. Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S....Continue Reading

South Korean senior prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes better sense, but suggested Kwon could also serve time in the US too. Terraform Labs co-founder and CEO Do Kwon may be subject to multiple sentences in the United States and South Korea, according to a senior South Korean prosecutor heading the...Continue Reading

James Roberts, Commonwealth Bank General Manager of Group Fraud Management Services cited a huge scale of “investment scams” involving crypto exchanges. Commonwealth Bank (CBA), the largest bank in Australia, has said it will decline or temporarily hold certain payments to cryptocurrency exchanges, citing the risk of scammers. The move comes amid two major global exchanges...Continue Reading

While a federal judge dismissed the lawsuit last year, U.S. District Judge Michael Fitzgerald has given the plaintiffs a new chance at pursuing action against the celebrities. Celebrity defendants Kim Kardashian and Floyd Mayweather are back on the hook for a class action lawsuit that alleges their improper promotion of the now-defunct crypto token EthereumMax...Continue Reading

Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry. Trading volumes on centralized exchanges have fallen to their lowest levels in more than four years amid mounting regulatory pressure from United States regulators and lawmakers. According to a June 7 report from crypto analytics firm...Continue Reading

Speaking in a Twitter Space hosted by Coinbase on June 7, Ryan Selkis praised the new crypto bill for providing new firms with a clear path to compliance. Messari CEO Ryan Selkis has praised a newly proposed Republican crypto bill, commenting it is a “10x improvement” on all other crypto bills introduced to the United...Continue Reading

Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange’s lawyers allege. SEC Chair Gary Gensler once offered to serve as an advisor to Binance in 2019, according to lawyers representing Binance and founder Changpeng Zhao, CNBC reports.  In documents filed by the SEC on June...Continue Reading

When Cumberland Labs looked for a gateway between blockchains and DeFi protocols, it came up with its own universal API service. Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland has launched the beta version of a new API tool that could simplify the arduous task of connecting to blockchain and decentralized finance...Continue Reading