Crypto-focused law firm Hodl Law PLLC has sued the U.S. Securities and Exchange Commission, alleging the regulator has failed to clarify its jurisdictional authority over digital assets and failed to ...
Tag: Law
Trump Sued For Rape In New E. Jean Carroll Lawsuit As N.Y. Law Expected To Spark Flood Of Sexual Assault Suits
Topline Writer E. Jean Carroll sued former President Donald Trump Thursday for sexual assault including rape in the first degree—her second lawsuit against the ex-president—part of an expected rush of...
US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’
Two Democratic members of the United States Senate have called on the Justice Department to investigate the collapse of FTX and potentially prosecute individuals involved in wrongdoing. In a Nov. 23 l...
El Salvador Drafting New Digital Asset Issuance Law
6 hours ago | 2 mins read Bitcoin News The new law would make it easier to do business with any cryptocurrency. A document posted on the El Salvadoran National Assembly’s website reveals details. In s...
US Senators Urge Department of Justice To Hold FTX Accountable to Full Extent of the Law for Massive Collapse
Two US Senators are publicly calling upon the Justice Department to hold disgraced and bankrupt crypto exchange FTX accountable for its massive collapse earlier this month. In a letter addressed to At...
New York governor signs PoW mining moratorium into law
New York governor Kathy Hochul signed the proof-of-work (PoW) mining moratorium into law on Nov. 22, making it the first state in America to ban any PoW crypto mining activity for two years. The PoW m...
Senator Warren Demands Sam Bankman-Fried, FTX Execs Be Held Accountable to ‘Fullest Extent of the Law’
On Tuesday, Warren, Durbin, and Sen. Tina Smith (D-Minn.) sent a letter to Fidelity, asking the financial services firm to reconsider allowing retail clients to include bitcoin in their retirement pla...
New York Signs Two-Year Crypto Mining Moratorium Into Law
New York Governor Kathy Hochul signed a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining operators that rely on carbon-based fuel to power their activities. “The law wi...
New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels – Mining Bitcoin News
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in the state will not be able to expand or...
FTX Collapse: ‘Emperor’ Bankman-Fried Had No Clothes
A face of the regime of Sam Bankman-Fried, the founder of FTX, was revealed on November 22 during the firm’s first hearing in Delaware bankruptcy court. The 30-year-old former trader was virtua...
Crypto Paradise? El Salvador Preps New Law To Pave Way for All Crypto
El Salvador is doubling down on its bet on cryptocurrencies even in the midst of a bear market. The first country to declare Bitcoin as legal tender is now working on a Digital Asset Issuance Law, whi...
Governor Hochul Signs Law Banning New Proof-of-Work Crypto Mining In New York ⋆ ZyCrypto
Advertisement     New York Governor Kathy Hochul has signed into law a bill clamping down on bitcoin mining within the state. The legislation places a two-year ban on ...
FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation
The FTX debacle is reverberating through the crypto industry and finance in general. The collapse of this crypto exchange, which in February was valued at $32 billion, shocked everyone. FTX filed for...
New York Law Cracks Down On Bitcoin Mining
As expected, Governor Kathy Hochul has signed into law a moratorium on Bitcoin mining in New York. The law is the first of its kind and raises far-reaching questions. Specifically, Hochul signed a bil...
El Salvador Sets Basis With Draft Law
The Bitcoin volcano bonds of the country of El Salvador have taken an major step towards issuance. After the project faced delays, a bill on digital securities has now been introduced by the Salvadora...
Bankman-Fried, Golden State Warriors hit by lawsuit over FTX’s alleged false advertising
A new lawsuit looks to represent FTX’s international users using California’s laws against false advertising. In a case filed in a district court in San Francisco, Canadian citizen ...
Kenyan law taxes crypto protects consumers
The Capital Markets Law of Kenya was subject to a potential modification that was suggested on November 21. If this amendment were to become law, private individuals who own cryptocurrencies or partic...
The nightmare continues for Sam Bankman-Fried and FTX — Law Decoded, Nov. 14-21
As much as we all would want last week to be about something else, it was still all about FTX. The Supreme Court of the Bahamas has approved two provisional liquidators from PricewaterhouseCoopers to ...
Legal Personhood For AI Is Taking A Sneaky Path That Makes AI Law And AI Ethics Very Nervous Indeed
Should AI be granted legal personhood is perhaps being replaced with the fact that apparently AI can … [+] already garner legal personhood via a bit of corporate trickery. getty Would you like t...
New Kenyan law seeks to introduce income tax for cryptocurrency traders
Kenya is the latest country to show intent to regulate the cryptocurrency sector targeting the taxation of digital currency transactions as the industry expands. If parliament approves The Capital Ma...
Bankman-Fried’s FTX Was a Wild West And a Personal Bank
It was the Wild West. A place where everything was acceptable. Everything was allowed and there was no control to call to order those who went too far. There was no red line. The CEO considered the ...
Former Silicon Valley Star Elizabeth Holmes Sentenced to Prison
Failed startup founder Elizabeth Holmes received a sentence of over 11 years for the fraud she perpetrated when she duped investors about the effectiveness of a blood testing company. Holmes was sente...
Bankrupt FTX Considers Selling Its Assets
John Ray, the chief restructuring officer and new CEO of fallen cryptocurrency exchange FTX, is wasting no time. Eight days after being named head of the restructuring of Sam Bankman-Fried’s emp...
FTX Collapse: Elon Musk Takes on a Silicon Valley Powerhouse
The implosion, within a few days, of the FTX cryptocurrency exchange is a financial fiasco which has not yet revealed all its implications, collateral damage and accountabilities. FTX is a company whi...
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads – Regulation Bitcoin News
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legisl...
UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’ – Featured Bitcoin News
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organi...
Russian law legalises crypto mining, sales under ‘experimental legal system’
On November 17, a measure to legalise the mining of cryptocurrencies as well as the selling of the cryptocurrencies that have been mined was presented into the Russian State Duma, which is the lower c...
Fallen FTX Founder Bankman-Fried Gives Regulators the Middle Finger
Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange, can not hide his disgust at financial regulators. The 30-year old former billionaire borrowed a whopping $1 billion from one of his b...
Bankman-Fried Received $1Bn in Personal Loan from His Company
Sam Bankman-Fried, the founder of the FTX exchange and Alameda Research, a cryptocurrency trading platform, seemed to confuse his bank and his companies. According to John Ray, the new CEO in charge o...
Justice Department advises crypto lawyers not tip off clients about investigations
The Department of Justice doesn’t want lawyers tipping off their clients about investigations, a representative cautioned. “We recommend that the private sector, when we are dealing with DeFi or...