09.11.2023
Sen. Cruz Voices Support for BTC Mining
Sen. Ted Cruz (R-TX) spoke on Fox News Radio, voicing support for BTC mining and benefits mining is bringing to Texas.
09.11.2023
Rep. Emmer to Sponsor Amendment Restricting SEC Authority Over Digital Assets
House Majority Whip Tom Emmer (R-MN) announced plans to sponsor an amendment to the FY 2024 Financial Services and General Government appropriations bill to restrict the SEC’s use of funds on digital asset enforcement until there are clear regulations in place. The amendment is not expected to ultimately pass.
09.08.2023
FBI Attributes Crypto Theft to Lazarus Group
The FBI issued a release attributing the theft of $41 million in virtual currency from Stake.com to the Lazarus Group.
09.08.2023
LBRY Appeals New Hampshire Ruling
Crypto-based media project LBRY Inc. filed an appeal to the US Court of Appeals for the First Circuit, seeking to challenge a New Hampshire federal judge’s ruling that sided with the SEC when it found that LBRY sold unregistered securities.
09.08.2023
Sen. Hagerty Says Lack of Regulatory Clarity Driving Crypto Companies Out of the US
At a Cato Institute event on crypto, Sen. Bill Hagerty (R-TN) argued that the lack of regulatory clarity in the US is driving crypto companies outside the country. He also highlighted the need for comprehensive cryptocurrency legislation in the US.
09.08.2023
Judge Approves Settlement Between SEC and Daniel Pacheco
US District Judge Fred W. Slaughter approved a settlement between the SEC and Daniel Pacheco, the former owner of a defunct online educational company, over allegations that he ran a $26.5 million pyramid scheme and distributed unregistered cryptocurrency.
09.08.2023
CFTC Settles with Opyn, Zeroex, and Deridex
The CFTC issued orders filing and settling charges against Opyn, Inc., Zeroex, Inc., and Deridex, Inc., for offering illegal digital asset derivatives trading. CFTC Commissioner Summer K. Mersinger dissented to the enforcement actions, expressing concern "that the Commission in these cases is taking another step down the path of bringing enforcement actions when we should be engaging with the public."
09.08.2023
Judge Approves CFTC Deal with Mirror Trading
US District Judge David Alan Ezra signed off on a $1.7 billion deal between the CFTC and Mirror Trading International Pay. Ltd. over the company’s alleged operation of a multilevel marketing scheme to sell fraudulent investments in BTC throughout the US.
09.08.2023
SEC Settles with Linus Financial
The SEC announced that it has settled charges against Linus Financial, Inc. for failing to register the offers and sales of its retail crypto lending product, the Linus Interest Accounts.