Former FTX Engineer Nishad Singh Fined $3.7M in CFTC Fraud...
Former FTX head of engineering, Nishad Singh, was fined $3.7 million by the US Commodity Futures Trading Commission, received a trading ban and a registration ban to settle a 2023...
Tag: Law
16 results found
Alabama Passes DUNA Act Granting DAOs Legal Status
Alabama's DUNA Act grants DAOs legal entity status, liability protection, and the right to own property, sue, and enter into contracts.
CFTC Chair Says Agency is Ready to Oversee Entire Crypto...
Commodity Futures Trading Commission Chair Michael Selig doubled down on the agency's approach to digital assets and prediction markets.
Australia to Mandate Crypto Licensing Under New Law
Australia’s digital asset bill passed both houses of parliament, mandating financial services licensing for crypto exchanges and custody platforms.
Massachusetts City to Weigh Crypto ATM Ban, Citing Financial Risks
A proposal from the Haverhill City Council, if passed, would require all crypto ATMs to be removed within 60 days or face a $300 a day fine.
Singapore Court Order Follows Curve Dispute After Resupply Exploit
Haowi Wong said the dispute escalated after the exploit into continuous attacks and serious allegations from Wang Lei and a community member called “web3feng.”
KuCoin’s Parent Company Agrees to $500K Civil Penalty to Resolve...
Peken Global Limited agreed to a $500,000 civil penalty to resolve CFTC charges alleging it operated an unregistered offshore exchange with a lack of KYC protocols.
Dubai Sets Crypto Derivatives Rules, Allows Retail With Leverage Cap
VARA’s rulebook outlines client safeguards and market controls as Dubai extends oversight to higher-risk crypto products.
Kalshi Hit With Washington State Lawsuit
Kalshi's legal troubles increase on Friday after the Washington State Attorney General sued the prediction market for violating the state's gambling laws, among the most restrictive in the US.
Lummis Says CLARITY Act Offers Strong DeFi Protections
US Senator Cynthia Lummis said crypto developer protections in the CLARITY Act will be the strongest to date, dismissing claims over concerns that they may not be adequate.
Detroit Set to Enter Michigan‘s Battle against Coinbase Prediction Markets
As Coinbase continues with its lawsuits against gaming authorities in Michigan, Illinois and Connecticut, the city of Detroit said it would file an amicus brief relat
Vietnam Arrests Suspects in ONUS Crypto Scheme Probe
Authorities say suspects used coordinated trading and token issuance to influence prices and attract users on a centralized crypto trading platform.
