Crime
DOJ initiates first NFT rug-pull prosecution with charges against Frosties founders
Prosecutors revealed that the suspects were working on a new NFT scam project.
Oluwapelumi Adejumo 3 min read
Legal News
Read crypto legal news on court cases, enforcement actions, lawsuits, and legal disputes affecting digital asset markets.
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Top Legal Stories
Regulation
Spot Bitcoin ETFs could become reality by mid-2023
Bloomberg analysts believe that the SEC's move to bring crypto exchanges under its regulatory remit will open the door for spot Bitcoin ETFs, or exchange-traded funds, by the summer of 2023.
Regulation
Cato Institute slams Sen. Warren’s sanctions evasion bill: “collateral damage”
Cato Institute denounces Senator Warren’s bill to address cryptocurrencies as a tool for evading economic sanctions. The institute compares the bill as having Gucci liable for someone carrying stolen cash in their pocketbook.
Latest Legal News & Analysis
Adoption
Honduras signals intent to follow neighboring El Salvador in making Bitcoin legal tender
President Xiomara Castro says El Salvador shouldn't be the only country to rid itself of dollar reliance.
Legal
Ripple moves for summary judgment in SEC case, is the end finally near?
The near 16-month long case could be drawing to an end after Ripple moved to request a summary judgment.
Regulation
A critical week as proof of work coins may still be banned in Europe
The battle to save proof of work coins like Bitcoin from being banned is not over in Europe. This week is a critical moment for the legislation that looked to ban proof of work mining.
Adoption
Canadian authorities struggling to seize Freedom Convoy crypto donations
Canadian authorities have only managed to freeze 30% of the roughly $1 million in crypto donations made to the Freedom Convoy as of March 18th.
NFTs
Rare Pepe NFT collector loses $500,000 after failing to read the fine print
Matt Furie, the creator of Pepe the Frog, is being sued for $500,000 by an NFT collector who claims he was rug pulled by the PegzDAO as they released duplicates of his NFT for free.
Adoption
Government of Malaysia proposes Bitcoin, crypto as legal tender
The Communication Ministry of Malaysia has proposed to the Malaysian government that cryptocurrency such as bitcoin should be adopted as legal transfer, its deputy minister Zahidi Zainul Abidin told Parliament on Monday.
