Topline New York City Mayor Eric Adams signed two city bills Tuesday prohibiting guns in Times Square, one week after a federal judge temporarily blocked the state’s latest attempt at curbing conceale...
Tag: Legal
California man indicted for laundering crypto in drug trafficking scheme
The Department of Justice announced charges against a California man Friday over allegedly attempting to launder drug trafficking proceeds through crypto channels. John Khuu allegedly distributed fake...
Legal Battles Are Preventing Crypto Payouts to UST Holders – Terra Backers
LUNA Price at the time of writing – $2.51 No timeline established for the resolution The Luna Foundation Guard (LFG) explains why it has not reimbursed small TerraUSD (UST) holders for their losses. A...
Celsius creditors face fallout from U.S. bankruptcy disclosure process
Celsius filed a trove of documents this week containing users’ names and information about certain transactions, setting off a wave of concern among some creditors, despite the disclosure of such info...
AI Ethics And AI Law Asking Hard Questions About That New Pledge By Dancing Robot Makers Saying They Will Avert AI Weaponization
What will happen if those fun-looking dancing robots become weaponized? Getty Images You might have perchance last week seen in the news or noticed on social media the announced pledge by some robot m...
Luna Foundation Guard postpones compensation efforts, cites ‘ongoing and threatened litigation’
Since the collapse of the TerraUSD, the algorithmic stablecoin that catastrophically lost parity with the U.S. dollar earlier this year, the Luna Foundation Guard (LFG) maintained it would follow thro...
Terra Backer Says Legal Battles Are Preventing Crypto Payouts to UST Holders
The Luna Foundation Guard (LFG) is explaining why it hasn’t paid back small holders of its collapsed stablecoin coin TerraUSD (UST). The LFG, a non-profit organization built to support the Terra (LUNA...
Kim Kardashian’s SEC settlement could complicate her other crypto case
Kim Kardashian made headlines this week when the Securities and Exchange Commission publicized a fine and settlement with her for allegedly failing to disclose earnings related to her promotion of th...
Weedmaps CEO Praises New Mexico Legal Adult-Use Pot Market And Shares What New York Needs To Do To Ensure Success
Marijuana leave on top of one hundred dollars getty While cannabis is legal across a variety of states, many individual markets are at different development stages. Yet there is one key issue that uni...
Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment – Africa Bitcoin News
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and r...
Kim Kardashian’s promoted token EMAX spikes 126% following charge
The Securities and Exchange Commission’s move to unveil a charge against reality TV star Kim Kardashian over her endorsement of a little-known cryptocurrency sparked headlines worldwide. The ann...
Nikola Founder Trevor Milton Hangs Legal Defense on Expert Testimony
Updated Oct. 4, 2022 3:02 pm ET Listen to article (2 minutes) Lawyers for Trevor Milton are anchoring the Nikola founder’s defense against securities-fraud charges on the testimony of a Harvard profes...
With Crypto Governance in CFTC Crosshairs, SushiSwap Exchange Mulls Legal Shakeup
The robust participation in Sushi DAO votes is, however, a stronger claim to decentralization than Ooki has ever seen, Nansen data shows. More than 1,800 individual wallets have voted in Sushi DAO in ...
Will EY Law Change The Legal Delivery Paradigm?
Digital generated image of abstract twisted stripped green and yellow shapes showing evolution and … [+] progress on beige background. getty EY’s leadership recently green lighted a major restru...
A legal insight into whether crypto sanctions going too far? – SlateCast #22
Partner and member of Crowell & Morning’s International Trade and White Collar & Regulatory Enforcement Groups, Carlton Greene, and Counsel in the International Trade and the White Collar &...
Celsius’s former CEO withdrew $10 million before the firm’s bankruptcy: FT
Celsius Network founder and ex-CEO Alex Mashinsky withdrew $10 million before the company froze customer withdrawals and ultimately declared bankruptcy, the Financial Times reports. Citing people fami...
Korean MPs scrutinize LUNA amidst legal proceedings
Join Our Telegram channel to stay up to date on breaking news coverage Over the last couple of years, the blockchain industry has grown several times. While there has been a huge number of cryptocurre...
U.S., Canadian securities regulators unveil parallel charges against Cryptobontix and Arbitrade
The U.S. Securities and Exchange Commission (SEC) and the Ontario Securities Commission (OSC) have filed parallel fraud charges against crypto firms Arbitrade and Cryptobonix and their executives. The...
Ripple (XRP) Price Prediction 2025-2030: Will legal victory finally push XRP to $10?
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The past few days have been remark...
Justice Department seeks to block withdrawal motion in Celsius case
The representative for the Department of Justice in the Celsius bankruptcy case is looking to block the firm’s attempt to reopen withdrawals for certain customers until after an independent inve...
Celsius Mining claims hosting provider Core Scientific violated bankruptcy terms
Celsius Mining, the mining arm of the bankrupt crypto lender, filed a motion Wednesday against its hosting provider Core Scientific, accusing the company of breaching their agreement and violating ban...
CFTC brings action against Digitex Futures
The Commodity Futures Trading Commission (CFTC) is suing crypto futures exchange Digitex LLC and its founder and CEO Adam Todd for failing to register with the agency and attempting to manipulate the ...
CFTC takes legal action against Digitex futures exchange and CEO
The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing to register the cryptocurrency futures exchange and...
XRP At $20? Monster Bull Run Envisioned For XRP Following Upshot Of SEC Legal Brawl ⋆ ZyCrypto
Advertisement     United States District Court Judge Analisa Torres turned down the SEC’s motion to withhold the popular Hinman documents. The Hinman documents contai...
Judge denies another SEC attempt to shield documents in Ripple case
A U.S. District Judge has rejected the Securities and Exchange Commission’s (SEC) attempts to shield documents related to a 2018 speech on cryptocurrencies from former Division of Corporation Fi...
Senate bill would create legal grace period for crypto exchanges
Sen. Bill Hagerty (R-Tenn.) has introduced a bill to create a safe harbor for cryptocurrency exchanges that might otherwise face legal action for listing unregistered securities. According to text of ...
Celsius stablecoin sale plan faces objections from securities regulators
State securities regulators in Texas and Vermont are objecting to crypto lender Celsius’s plan to sell its stablecoin holdings. The Texas State Securities Board, the Texas Department of Banking ...