A California judge has backed the SEC’s case against Kraken, the US’s second-largest crypto exchange, for allegedly operating as an unregistered securities exchange. Kraken’s appeal against a previous ruling was
Policy news
Donald Trump’s promise to stop selling seized Bitcoin may require Congressional aid to establish a strategic Bitcoin reserve. Such a process would involve coordination between various governmental agencies, and possibly
Heather “Razzlekhan” Morgan and Ilya “Dutch” Lichtenstein were sentenced to 18 months and five years in prison respectively for their involvement in laundering money from the 2016 Bitfinex hack. Authorities
Prediction market firm Kalshi is disputing the U.S. Commodity Futures Trading Commission’s (CFTC) stance on election betting, arguing that only Congress has the power to close such markets. The CFTC
BlackRock has secured a license in Abu Dhabi, focusing on AI and private markets while expanding its presence in the UAE’s crypto-friendly ecosystem.
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments.
Larry Harmon laundered 350,000 BTC, but he was treated leniently for his help in jailing Roman Sterlingov.
NYSE Arca has filed with the SEC to list the Bitwise 10 Crypto Index Fund, aiming to convert the $1.3 billion trust into a regulated ETF.
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.
Ilya Lichtenstein has been handed a five-year jail sentence for stealing 120,000 bitcoins from crypto exchange Bitfinex in 2016 and then laundering them. His wife, Heather Morgan, potentially faces 18