Terraform Labs’ legal team resigns after UST collapse
The in-house legal team at Terraform Labs resigned shortly after the collapse of Terra’s algorithmic stablecoin.
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South Korean politician calls for Do Kwon to attend hearing on TerraUSD's collapse
Yun Chang-Hyun of South Korea's People Power Party has reportedly called for a hearing on TerraUSD after the stablecoin's sudden collapse.
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Central African bank regulator reminds member states of crypto ban, Reuters reports
The reminder came after a chaotic week for crypto when the linked meltdown of the algorithmic stablecoin UST and Terra's native Luna asset resulted in big losses for many.
Trump's attempt to lift permanent Twitter ban dismissed by federal judge
The ruling came after Trump said he would not return to Twitter even if his ban were lifted by Elon Musk, whose $44 billion offer to buy Twitter was recently accepted.
US adds Blender.io crypto mixing service to North Korean sanctions list
The US government has added the first ever mixer to its sanctions list, saying it was used by North Korea to launder hacked funds.
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GPU maker NVIDIA settles with the SEC over crypto mining disclosure issues
NVIDIA has settled with the SEC for $5.5 million over allegedly failing to disclose that crypto mining drove GPU sales in 2018.
Former BitMEX CEO asks for probation over jail time ahead of court sentencing
Former BitMEX CEO Arthur Hayes is asking for probation with the ability to travel rather than serving time.
Crypto companies are poaching UK cyber police with triple pay: report
Coinbase and Chainalysis are among companies employing former law enforcement staff.
A class-action lawsuit against Uniswap spotlights gaps in DeFi regulation
A civil case against Uniswap Labs spotlights fundamental questions about DeFi regulation that policymakers have not answered.
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Crypto Capital exec Reginald Fowler pleads guilty in fraud case
After filing for a plea change last week, Reginald Fowler pled guilty today to multiple fraud counts. He'll be sentenced in August.
Crypto Capital exec plans to enter open plea in ongoing fraud case
Reginald Fowler, who sits at the center of a banking fraud case brought by the US government, is foregoing his right to trial.
How a disillusioned former CryptoPunk owner is trying to change the NFT copyright game
Punk 4156 just wanted to commercialize his NFT, but copyright restrictions got in the way. So he launched NounsDAO.
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Judge orders SEC to produce materials related to Hinman speech in ongoing Ripple legal fight
The SEC will have to produce communications related to a speech by previous SEC director William Hinman on Bitcoin and Ether.
Class action lawsuit accuses Uniswap Labs, its investors of allowing fraudulent activity on the DEX protocol
A new class-action lawsuit from a Uniswap user alleges that Uniswap Labs and its backers are culpable for her losses due to a failure to comply with securities laws.
DOJ unveils charges amid investigation into Frosties NFT 'rug pull'
The Department of Justice said Thursday that it has charged two individuals with conspiracy to commit wire fraud and conspiracy to commit money laundering related to a non-fungible token scam known as Frosties. Per the DOJ, Ethan Nguyen and Andre Llacuna allegedly absconded with the money raised during the NFT sale rather than continue to […]
Why brands are racing to get trademarks that extend to the digital world
To defend against copycats, companies filing for trademarks that apply for digital goods. But is it really all about playing defense?
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Australia's consumer watchdog sues Meta for allegedly misleading users with crypto scam ads
The Australian Competition & Consumer Commission (ACCC) announced on March 18 that it has taken legal action against Meta, alleging that the company had misled Facebook users by publishing advertisements about crypto scams featuring local public figures unaware of the content.
What you need to know about today’s Senate hearing on Russia’s illicit crypto use
The Senate Banking Committee is set to host a hearing on crypto’s use in illicit finance.
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White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion
These continuous alerts, despite no clear examples of violations thus far, mean that crypto operators should be wary.
BitMEX co-founder Samuel Reed pleads guilty to Bank Secrecy Act violation
BitMEX co-founder Samuel Reed has pleaded guilty to violating the US Bank Secrecy Act, according to the Department of Justice.
