Law and Order
Summary TLDR: The U.S. Department of Justice is recommending that former Binance CEO Changpeng Zhao be sentenced to three years in jail for money laundering charges.…
Summary TLDR: The Blockchain Association sued the SEC for expanding the definition of “dealer” to include DeFi projects, arguing it is an overreach and harmful to…
Summary IRS form 1099-DA may require American DeFi users to report self-custodial wallet addresses. Crypto exchanges and potentially DeFi traders may be classified as brokers by…
Summary TLDR: The U.S. is reimposing sanctions on Venezuela’s oil industry, prompting the country to accelerate its adoption of cryptocurrency in oil trading. Venezuela’s state-run oil…
Summary Robert F. Kennedy Jr. wants to put the entire U.S. budget on the blockchain for transparency. He believes this will hold government officials more accountable…
Summary TLDR: Binance executive Nadeem Anjarwalla, who fled Nigerian custody in March, has reportedly been arrested in Kenya and faces extradition to Nigeria. He and his…
Summary The SEC has filed an amended complaint in its lawsuit against Tron founder Justin Sun, arguing that his extensive travel to the U.S. gives the…
Summary TLDR: Craig Wright has dropped his lawsuit against 12 Bitcoin developers, freeing them from litigation and harassment. UK High Court Judge declared Wright is not…
Summary TLDR: Crypto trader Avraham Eisenberg convicted of manipulating Solana DeFi platform Mango Markets to steal $110 million worth of cryptocurrency. Found guilty of commodities fraud,…
Summary Senators Lummis and Gillibrand introduced a new stablecoin legislation bill, outlining rules for firms issuing payment stablecoins. The bill requires firms to conduct stablecoin activities…