New York City Mayor Eric Adams said he would fight the federal criminal charges with “every ounce of my strength and spirit.”
Crypto Law Articles
Terror victims claim DOJ withholding share of $4.3B Binance penalty
Four people who are victims or family of victims of state terrorism sued the Justice Department, claiming it hasn’t put the appropriate funds from Binance’s settlement into a victim fund.
Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto — Nic Carter
The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims Castle Island Ventures partner Nic Carter.
Choke Point 2.0 is hurting Kamala Harris' 'crypto reset'
Kamala Harris has given cryptocurrency fans little to be hopeful about — despite some of the milquetoast rhetoric from her supporters.
CFTC partners up to warn on crypto pig butchering scams
Multiple US federal agencies have come together to distribute an infographic on crypto pig butchering to help Americans recognize and avoid the scam.
US House Republicans probe SEC’s Gensler on political hiring claims
Three GOP lawmakers asked SEC Chair Gary Gensler to turn over information on his agency’s hiring process, claiming they had found evidence of a political ideology-driven hire.
Harris-Trump debate: Trump’s odds to win election fall 3% on Polymarket
Kamala Harris and Donald Trump made no mention of digital assets during their first-ever debate as Trump’s odds of victory plunged on betting markets.
US lawmakers divided in first Congressional hearing on DeFi
Pro-crypto Representatives noted the need for a freer financial system, while more skeptical lawmakers blamed DeFi for crime, scams and tax evasion.
Indonesian crypto exchange Indodax goes offline after suspected $22M hack
The breach compromised hot wallets on the exchange, resulting in the loss of Bitcoin, Ether, TRX, MATIC and other cryptocurrencies. Indodax has temporarily suspended operations.
UAE regulators to allow Dubai-licensed VASPs to service entire country
The agreement between UAE regulators covers the mutual supervision of crypto providers, penalty imposition, information exchange and employee training.
Brazilian bank suspends native crypto token trading following 97% price drop
Nubank suspends trading of its native token, offering users the option to convert holdings to Bitcoin or USDC by Dec. 9.
Bitcoin ETFs are next major target for North Korean hackers — Cyvers
North Korean hackers could be eying the infrastructure around Bitcoin ETFs, lured by the $52 billion worth of cumulative holdings.