It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting crypto staking. In the latest headlines, the Securities and Exchan...
Tag: Dept
SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept
After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse ...
Crypto Litigator Kyle Roche Removed from His Firm’s Class-Action Dept.
Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in block...
US lawmakers request Justice Dept share CBDC assessment
The House members claimed the “appropriate place for the discussion” on legislation concerning a digital dollar would be in the U.S. legislative branch. Republican members of the U.S. House Financial ...
Education Dept. cancels $1.5 billion in loans for Westwood College borrowers
Tero Vesalainen | Istock | Getty Images The U.S. Department of Education on Tuesday announced it will cancel all remaining federal student debt for former students of the now-defunct for-profit Westwo...
US Commerce Dept. asks digital asset industry for input on competitiveness framework
Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for en...
Biden Interior Dept offers option for new oil leases in Gulf of Mexico
An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. Steve Nesius | Reuters The Biden administration rel...
401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release
ForUsAll, a 401(k) retirement provider, filed suit against the United States Department of Labor (DOL) and Martin Walsh as Labor secretary in U.S. District Court in Washington, D.C. on Thursday. The c...
SF Fire Dept. Says Cruise Robotaxi Did Not Yield Properly And Delayed Fire Truck
File photo of a San Francisco Fire Truck going through an intersection Getty Images According to reports, a San Francisco Fire truck on way to a fire was delayed by the combination of a garbage truck ...
17 questions to help develop a crypto framework – US Dept. of Commerce
The DoC’s series of 17 questions is set to be published on Thursday The request will be published in the Federal Register on Thursday The U.S. produced 37.84% of the world’s hashing power as of Janua...
The US Dept. of Commerce has 17 questions to help develop a crypto framework
The United States Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stabl...
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
The United States Department of Justice may move forward on a criminal prosecution case against a United States citizen who allegedly violated sanctions through cryptocurrency. According to a Friday o...
US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea
The United States Treasury Department has added three Ethereum wallet addresses to sanctions allegedly linked to the hacker group responsible for the theft of more than $600 million in crypto from non...
US Justice Dep’t charges “Frosties” creators over $1.1 million rug pull
TL;DR Breakdown Two men have been charged by the US Department of Justice with fraud and money laundering in connection with Frosties NFT rug pull. Before vanishing with the money, the 20 years old, a...
Quick Rug Pull: US Justice Dep’t Charges Two 20-Year-Olds In alleged $1.1 Million NFT Scam
Buyers who invest in trendy new projects are harmed by a so-called NFT rug pull or other related scams. However, the crypto space’s pseudonymous nature does not mean that alleged crooks may always van...
Crypto Could Be Bad For Retirement Savings Plans, The US Labor Dep’t Warns
Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe...
US Labor Dept warns of crypto risks in retirement plans
The US Department of Labor (DOL) has told 401(k) investors to “exercise extreme care” when dealing with cryptocurrencies and other digital assets citing fraud, theft, and financial loss as...
US Justice Dept Seizes $3.6Bn Worth Bitcoin from 2016 Bitfinex Hack
The U.S. Department of Justice has announced today that they had seized $3.6 billion worth of Bitcoin Bitcoin Bitcoin is the world’s first digital currency that was created in 2009 by a mysterious...
UK Tax Dept Confuses Crypto Investors in DeFi and Staking Earnings Pursuit
Britain’s revenue department has turned its eyes to earnings from decentralized finance (DeFi) and staking as it seeks more tax regulations on the crypto ecosystem. On Feb 2, Her Majesty’s Revenue and...