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Legal challenges force the SEC to pause its climate disclosure regulations.

The revolutionary climate disclosure requirements that the SEC issued in early March will no longer be enforced, it has said.

By Tyree Schoen | April 08, 2024 | 0 Comments

A jury finds Do Kwon and Terraform Labs guilty of fraud charges.

A jury in New York has found Do Kwon, the co-founder of Terraform Labs, and the company guilty of misleading investors regarding the stability of UST.

By Maurine Lind | April 06, 2024 | 0 Comments

Turkish crypto leader gets sentenced to 11,196 years in jail.

The former CEO of the defunct Turkish cryptocurrency exchange Thodex, Faruk Fatih Ozer, was found guilty of cheating investors in a multimillion dollar scam and has begun serving a lengthy prison sentence.

By Madilyn Swift | April 03, 2024 | 0 Comments

FCA targets deceptive financial advertisements on social media.

The Federal Communications Authority (FCA) has sent out a reminder to businesses and finfluencers about how important it is to keep social media ads clear and lawful.

By Tyree Schoen | March 28, 2024 | 0 Comments

Portugal outlaws Worldcoin due of privacy issues

Portugal has temporarily banned Worldcoin, the cryptocurrency biometric project led by OpenAI CEO Sam Altman, due to privacy concerns.

By Madilyn Swift | March 27, 2024 | 0 Comments

If the board approves, Truth Social SPAC might cover Trump's enormous legal expenses.

If the board permits him to sell, Donald Trump's troubled SPAC venture will finally close in time to settle debts of over half a billion dollars accumulated over multiple court cases.

By Travon Stracke | March 23, 2024 | 0 Comments

Continuing to Keep Up with the Development of Digital Assets, DIFC is passing new laws and amending existing ones.

The United Arab Emirates has emerged as a leader in the field of digital innovation. Nonetheless, keeping this status calls for current knowledge of the most recent advancements in global financial markets. Digital assets is one such area that has drawn a lot of interest. As a result, the Middle East, Africa, and South Asia (MEASA) global financial hub, Dubai International Financial Centre (DIFC), passed a Digital Assets Law and updated other laws.

By Maurine Lind | March 15, 2024 | 0 Comments

In a legal dispute with the SEC, Coinbase calls for reevaluating cryptocurrencies as securities.

U.S. District Judge Katherine Failla has received a request from Coinbase's legal team to overrule an earlier ruling that classified secondary sales of cryptocurrency holdings as securities transactions.

By Maurine Lind | March 06, 2024 | 0 Comments

In an effort to combat cryptocurrency scams, the Indian ED has filed charges against 299 organizations.

The Enforcement Directorate (ED) has filed a charge sheet under the anti-money laundering law against 299 companies, including persons of Chinese descent, marking a significant milestone in its continuing investigation into a cryptocurrency scheme.

By Madilyn Swift | March 06, 2024 | 0 Comments

A US court rules against a former employee of Coinbase and labels certain cryptocurrency holdings securities.

The Securities and Exchange Commission (SEC) maintains that some cryptocurrency assets are securities even though they are traded on secondary markets, and a federal judge has supported this assertion in a landmark decision.

By Maurine Lind | March 04, 2024 | 0 Comments