Law and Order
Summary TLDR: Terra founder Do Kwon won a key victory as Montenegro’s appeals court overturned a ruling to extradite him to the US for cryptocurrency collapse…
Summary TLDR: ShapeShift, a cryptocurrency platform that ceased operations in 2021, has agreed to a cease-and-desist order and a $275,000 fine from the SEC for allowing…
Summary Terraform Labs pushes back against SEC objection to $166 million retainer, calling it government overreach. It argues that it needs to pay legal fees to…
Summary The SEC has delayed the decision on BlackRock’s proposed spot Ethereum ETF, along with applications from other investment firms. The deadline for a decision has…
Summary The U.S. government has accumulated over $12 billion in Bitcoin from seizing assets from criminal enterprises. The value of their holdings has increased significantly as…
Summary TLDR: The U.S. Energy Information Administration retracted its emergency survey on the energy use of Bitcoin mining companies due to legal pressure from the industry.…
Summary U.S. Securities and Exchange Commissioner Hester Peirce criticized the SEC for dragging its heels on approving spot Bitcoin ETFs and for regulating by enforcement. She…
Summary Romance scams involving pig butchering have seen a significant increase in crypto activity, with revenue doubling from 2022 to 2023, according to Chainalysis. Despite a…
Summary The SEC criticizes Terraform Labs for paying $166 million retainer to law firm Dentons, claiming it was used as an opaque slush fund. The SEC…
Summary Gemini announced a settlement in the Genesis bankruptcy case to return $1.1 billion in digital assets to users of the Earn program. Gemini sued Genesis…