Tag: regulations
‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
Enter Huione Guarantee. It's an online marketplace managed by a Cambodian conglomerate where anyone can post offers to buy, or sell, just about anythi [...]
Advocates at Stand With Crypto Seek to Turn U.S. Crypto Enthusiasts Into Swing-State Voters
Its first stop in Arizona will feature U.S. Sen. Kyrsten Sinema (I-Ariz.) and a top Republican state legislator, Arizona House Speaker Pro Tempore Tra [...]
U.S. SEC Settles with Abra Over Unregistered Sales of Securities
Starting in 2020, the crypto investment platform and lender began offering Abra Earn to customers, promising high levels of returns for letting the fi [...]
SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
Kraken’s ill-fated motion to dismiss, filed in February, argued that the SEC had failed to state a claim – essentially, that the facts in the case, ev [...]
Detained Binance Exec’s Wife Begs for His Immediate Release
Gambaryan, a former Internal Revenue Service (IRS) agent and Binance’s current head of financial crime compliance, was detained in Abuja in February, [...]
Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump
Robert Kennedy Jr. has suspended his independent pursuit of the U.S. presidency and encouraged his supporters to instead back former President Donald [...]
R.I.P. Unhosted Wallet Rule
In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from [...]
Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash
Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted [...]
CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
Taylor founded CluCoin in the spring of 2021, marketing the project to his “large Internet following” as a streamer as a way to fund charities. After [...]
Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year
"The motivation and the incentives are there. Two pieces of the incentives that are really important, [House Financial Services Committee Patrick] McH [...]
Nearly Half of All Corporate Election Spending in 2024 Cycle Comes from Crypto Companies, Study Finds
The author of Public Citizen’s report, research director Rick Claypool, described the crypto industry’s political spending as “unprecedented.” Crypto [...]
Binance CEO Urges Nigerian Government to Free Tigran Gambaryan
Gambaryan, Binance's head of financial crime compliance, was detained in Abuja six months ago, shortly after voluntarily traveling to Nigeria's capita [...]
Binance CEO Richard Teng Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange
"We do work closely with global regulators. In many places around the world, it's not a problem. There could be areas where it may be a challenge, but [...]
Controversial Crypto Firm Prometheum to Treat Uniswap’s UNI and Arbitrum’s ARB as Securities
When asked why Prometheum selected UNI and ARB, Kaplan responded, "Prometheum Capital intends to provide investors access to the top digital assets ov [...]
Crypto-backed Candidate Ansari Narrowly Wins Arizona Congressional Primary By 39 Votes
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, [...]