Exchanges
What happened to the BitMEX founders in New York federal court?
Arthur Hayes and Benjamin Delo faced charges of violating the Bank Secrecy Act and money laundering regulations.
Samuel Wan 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
SEC plans to 10x the definition of “accredited investor”
The SEC is considering raising the threshold for who can be considered a so-called “accredited investor”. The proposed limit at $10 million would make it even harder for ordinary people to invest in startups.
Legal
Canada’s “frozen” Bitcoin on the move despite draconian measures
Available data shows that the protesters frozen Bitcoin ended up in crypto exchanges like Coinbase and Crypto.com.
Latest Legal News & Analysis
Legal
Crypto wallet tells court it will ‘be there to serve’ when the Canadian dollar ‘becomes worthless’
Crypto wallet provider Nunchuk tweeted that it had been ordered to release information and freeze assets but cannot comply with the court order as it is unable to do so "by design."
NFTs
User sues OpenSea for $1M+ after losing his Bored Ape NFT in phishing attack
The plaintiff has accused the NFT marketplace of "negligence" and "breach of fiduciary duty."
Opinion
The U.S. already have a CBDC, just skip the “CB”
Let the private sector come up with a solution to the CBDC dilemma. Maybe you heard it before, but the U.S. already has a, or rather several, digital dollars. They’re called stablecoins, and all the U.S. government basically has to do, to leapfrog China, is to say okay.
Exchanges
Alliance of 18 crypto firms rolls out the industry standard for Travel Rule compliance
The compliance solution is expected to add more participants and grow internationally, according to the announcement.
Exchanges
Canadian Police to block cryptocurrency transactions amid truckers protest
In an attempt to block funding of the Freedom Convoy protest in Canada, the Canadian police RCMP have sent letters to crypto exchanges effectively ordering them to stop donations to the protesters.
Regulation
Canada expands AML rules to include crypto amid ‘Freedom Convoy’ protests
The Canadian government has invoked the Emergencies Act to expands its anti-money laundering and terrorist financing rules to cover cryptocurrencies and crowdfuding as a counter measure against the "Freedom Convoy" protests.
