America’s largest cryptocurrency exchange is supporting a legal challenge against the U.S. Treasury Department following its sanctions against the privacy protocol Tornado Cash. The lawsuit’s plaintif...
Tag: Department
Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says – Bitcoin News
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians...
U.S. Treasury Department Faces Lawsuit From Aggrieved Investors for Proscribing Crypto Mixer Tornado Cash
– Advertisement – The U.S. Treasury Department is facing litigation for its previous move to ban Tornado Cash. Aggrieved crypto proponents have filed a lawsuit against the United States ...
Coinbase finances Tornado Cash users’ lawsuit against US Treasury Department
Coinbase is financing a lawsuit filed against the US Treasury Department by six users of sanctioned crypto protocol Tornado Cash, CNBC reported on Sept. 8. The lawsuit argued that the sanctions were a...
Coinbase funds lawsuit against Treasury Department over Tornado Cash sanctions
Cryptocurrency exchange Coinbase (NASDAQ: COIN) is funding a lawsuit against the United States Treasury Department filed by users of the Ethereum (ETH) mixing service Tornado Cash. The lawsuit was fi...
Lucid Stock Takes a Tumble. Why? Look at the Shareholder Mix.
Illustration by Elias Stein Text size A sudden drop in Lucid Group ’s stock price highlights a key investing insight: Shareholder mix matters. The electric-vehicle maker’s shares (ticker: LCID) fell 6...
U.S. Department of Justice Requests Records on Binance and CEO Changpeng Zhao in Money Laundering Probe: Report
The money laundering section of the U.S. Department of Justice (DOJ) is reportedly probing into the records of crypto exchange Binance and its CEO, Changpeng Zhao. Reuters reports that in late 2020, U...
U.S. Justice Department Investigating Binance CZ for Crypto Money Laundering
– Advertisement – New request letter surfaces, suggesting Binance and CZ were under investigation for money laundering crimes. The United States Justice Department reportedly investigate...
U.S. Department of Justice to prosecute three Miami residents for crypto fraud
Three residents of Miami have been accused of engaging in a fraudulent crypto scheme by the United States Department of Justice (DOJ). Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal R...
Stocks in September Have Often Struggled. The Good News: The Selloff May Have Already Begun.
Illustration by Elias Stein Text size The stock market’s worst month—September—will soon be upon us. The S&P 500 index has averaged a 1% loss in September dating back to 1928, says Dow Jones Marke...
Justice Department Must Release Redacted Mar-A-Lago Search Affidavit, Judge Rules
Topline A federal judge has ordered the Department of Justice to make public a redacted version of the affidavit it used to justify its search of former President Donald Trump’s Mar-A-Lago estate, ask...
Should You Consider These 3 Department Retailer Stocks?
. The global department stores market size was valued at $117.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2028. A department store offers t...
The Oil Surplus Could Persist. Expect Prices to Fall
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. Expect Oil Prices to Fall THINK Economic and Finan...
8 Stocks That Look Like Good Buys as Natural-Gas Prices Get Pumped Up
Elias Stein Text size Two commodities that power the world are taking divergent paths, and it could have a big impact on consumers in the coming months. Crude oil is down some 25% from its highs, but ...
Binance Secures Money Transmitter License From Nevada Department Of Business
One of the world’s largest crypto firms, Binance, is aggressively making its presence felt across several nations. Before now, the crypto company has launched its operations in Europe. This event foll...
U.S. Department of Justice Teams Up With IRS To Find Alleged Crypto Tax-Cheating Customers of SFOX
The U.S Department of Justice (DOJ) is working with federal tax collectors to find crypto traders who didn’t pay their government dues. In a statement, the Justice Department says that a California co...
Justice Department Opposes Unsealing Trump’s Mar-A-Lago Search Warrant Affidavit
Topline The Justice Department on Monday asked a federal judge to not unseal the affidavit associated with the search warrant that allowed the FBI to raid former President Donald Trump’s residence at ...
The SoftBank Experiment Has Failed. Time to Go Private?
Softbank CEO Masayoshi Son on $24 billion of new losses: “I am quite embarrassed and remorseful.” Str/Jiji Press/AFP/Getty Images Text size The stock market can be a humbling place—just ask Masayoshi ...
Justice Department Requests Mar-A-Lago Search Warrant Be Made Public
Topline The Justice Department filed a motion in federal court Thursday afternoon to unseal the search warrant that was the basis for Monday’s FBI raid on President Donald Trump’s Florida ...
Justice Department asks to unseal Trump raid search warrant
Attorney General Merrick Garland said the Justice Department asked a federal judge Thursday to unseal a search warrant that was used by FBI agents to raid the Florida home of former President Donald T...
Famous Georgetown Cupcake Temporarily Shut By D.C. Health Department
Topline The wildly popular Washington, D.C., bakery Georgetown Cupcake closed Thursday for posing an “imminent health hazard to the public,” according to a notice from the city’s health department, th...
Tornado Cash blacklisted by US Treasury Department
Crypto-mixer Tornado Cash has been blacklisted by the US Treasury Department for allegedly laundering more than $7 billion in crypto. Tornado Cash: crypto-mixer blacklisted for money laundering The s...
US Treasury Department Sanctions Crypto Mixing Service Tornado Cash
The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash. According to the department, the mixing service has been responsible for $7 billi...