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Latest cryptocurrency news and articles about legal. Stay updated with developments, analysis, and insights.
SBI Crypto Hit by $21 Million Hack Linked to North Korean Hackers
Key Highlights Over $21 million in crypto stolen from SBI Crypto's wallets. Funds laundered through Tornado Cash, raising security concerns. Incident may be linked to North Korean hacker groups. SBI C...
BNB Chain’s Chinese X Was Hacked What Users Need To Know
BNB Chain’s Chinese X Account Compromised Former Binance CEO Changpeng Zhao (CZ) reported that BNB Chain’s official Chinese account on X was compromised, prompting an immediate warning not to click re...
UK Convicts Chinese Mastermind in Largest Bitcoin Seizure Case
A Chinese national has been convicted in the UK for masterminding a fraudulent crypto scheme that defrauded more than 128,000 victims of over 61,000 bitcoins. Global Investigation and UK’s Largest Sei...
Zondacrypto CEO Warns Poland’s Crypto Law Could Stifle Innovation
The CEO of a cryptocurrency exchange Zondacrypto has described Poland’s interpretation of the EU’s Markets in Crypto-Assets regulation (MiCA) as a “major step backwards.” Key Criticisms of the Crypto-...
Kazakhstan Takes Down RAKS Exchange and Strikes $224 Million Darknet Money
Key Highlights RAKS Exchange laundered over $224 million in criminal funds. 5 million darknet users affected by the shutdown. 67 crypto wallets frozen, totaling 9.7 million USDT. Kazakhstan Shuts Down...
Poland’s Sejm Backs Tough Crypto Law with Fines and Prison Sentences
Key Highlights Poland’s new crypto law expands regulator powers far beyond EU rules Industry warns startups could flee Poland under tough new measures Harsh penalties raise fears of a shrinking and le...
Grayscale, Fidelity, Others Update Solana ETF Filings With Staking as Analysts Eye $400
The race to bring a Solana exchange-traded fund (ETF) to U.S. markets is gaining momentum. Several major asset managers, including Franklin, Fidelity, CoinShares, Bitwise, Grayscale, VanEck, and Canar...
Crypto-Embezzling K-Drama Star Hwang Jung-eum Receives Suspended Jail Sentence
The K-Drama actress and former pop star Hwang Jung-eum has walked free after her conviction for embezzling company funds to pay for personal crypto investments. The South Korean media outlet Financial...
China’s Jiuzi Holdings Approves $1B Crypto Treasury Led by New COO
Jiuzi Holdings has made a radical move into the digital finance by releasing a new treasury program. On Wednesday, the company released an announcement about its approved Crypto Asset Investment Polic...
CFTC Launches Initiative To Allow Stablecoins As Collateral
Key Highlights CFTC enables stablecoins to be used as collateral in U.S. markets Circle, Coinbase, Tether, and Ripple applaud regulatory steps Tokenized finance may increase efficiency, liquidity, and...
FTX Recovery Trust Sues Genesis Digital Assets, Seeks $1.15B Clawback
FTX Recovery Trust filed a Delaware adversary complaint seeking to claw back $1.15 billion from Genesis Digital Assets and affiliates, alleging Alameda-funded investments were fraudulent transfers fin...
SEC to Introduce Innovation Exemption Rules for Crypto by 2025
The U.S. Securities and Exchange Commission (SEC) is preparing new rules that could make it easier for crypto companies to launch products in the United States. The regulator is signaling a friendlier...