Read crypto legal news on court cases, enforcement actions, lawsuits, and legal disputes affecting digital asset markets.
The current sitting of US Congress has introduced over 80 bills related to cryptocurrency, digital assets, blockchain and tokenization since January 2022
Tether quarterly report indicates that it is still fully backed by cash and cash equivalents including commercial paper and US treasuries.
The law firm is applying to the Seoul Metropolitan Police Agency to seize all Do Kwon's properties in the country.
According to Yun Chang-hyeon, the delay in legislation has seen investors continue losing a lot of money, and bringing in Do Kwon would help introduce measures to protect investors.
The complaint claims that investors placed GYEN orders believing its value was pegged to the Japanese yen, but the price soared seven-fold before plunging 80%.
The prosecutors claim crypto platforms will not achieve compliance if their operators believe there are no meaningful repercussions for violating the law.
CampBX failed to refund the thousands to users who had Bitcoin and money on the platform.
Crypto could be used to raise state financing according to a Colorado bill making its way through congress.
Dixon’s role as the Head of Licensing at Bitfinex involves helping the exchange in obtaining regulatory approval and licensing in different jurisdictions across the globe.
