Lawsuits

Bankman-Fried Prosecutors Agree to Temporarily Withdraw Some Charges
Bankman-Fried Prosecutors Agree to Temporarily Withdraw Some Charges
June 15, 2023  |  Legal & Regulation

Federal prosecutors have agreed to withdraw several charges against FTX founder Sam Bankman-Fried. The decision — announced in a letter to U.S. District Judge Lewis...

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Binance.US and SEC Working to Avoid Asset Freeze
Binance.US and SEC Working to Avoid Asset Freeze
June 14, 2023  |  Cryptocurrency

Binance.US may reportedly be able to avoid having its assets frozen. The cryptocurrency exchange and the U.S. Securities and Exchange Commission (SEC) have agreed to...

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Will Crypto’s Regulatory Woes Hijack Congress’s Stablecoin Hearing?
Will Crypto’s Regulatory Woes Hijack Congress’s Stablecoin Hearing?
June 13, 2023  |  Cryptocurrency

When it comes to cryptocurrency in America, the pressure is on for lawmakers in part because the pressure is already stifling for digital asset firms...

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Coinbase Pursues ‘Legislative Solutions’ in SEC Fight
Coinbase Pursues ‘Legislative Solutions’ in SEC Fight
June 13, 2023  |  Cryptocurrency

Coinbase is reportedly not content to let its regulatory fight simply play out in court. The cryptocurrency firm’s chief legal officer said at an investor...

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Binance.US to Stop Accepting US Dollar Deposits and Withdrawals Amid SEC Lawsuit
Binance.US to Stop Accepting US Dollar Deposits and Withdrawals Amid SEC Lawsuit
June 09, 2023  |  Cryptocurrency

Binance.US, one of the largest cryptocurrency exchanges in the world, has announced that it will no longer accept U.S. dollar deposits and customers will soon...

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SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
SEC: Binance Moved Nearly $70 Billion Through Crypto-Friendly Banks
June 08, 2023  |  Cryptocurrency

Binance used two U.S. banks to move billions of dollars around the globe, according to the Securities and Exchange Commission (SEC). The cryptocurrency exchange transferred almost $70 billion...

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Coinbase Chief Says SEC ‘Tone’ Changed Ahead of Lawsuit
Coinbase Chief Says SEC ‘Tone’ Changed Ahead of Lawsuit
June 07, 2023  |  Cryptocurrency

Coinbase’s CEO says the SEC changed its attitude toward his company before the regulator’s recent lawsuit. “We had many discussions within the last year when...

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SEC Seeks Freeze of Binance.US Assets
SEC Seeks Freeze of Binance.US Assets
June 07, 2023  |  Cryptocurrency

Federal regulators want a judge to freeze the assets of Binance.US and repatriate funds to the crypto exchange’s customers. The request by the Securities and...

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Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase
June 06, 2023  |  Cryptocurrency

The Securities and Exchange Commission (SEC) is on a tear this week. After a brutal crypto winter, the summer of 2023 isn’t shaping up to be any better...

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