The SEC has closed its investigation into the Zcash Foundation, initially launched as part of a 2023 crypto asset probe, signaling no enforcement action and easing regulatory pressure on the privacy-focused project.
The Tenth Circuit upheld the Fed’s denial of Custodia Bank’s master account, dealing a setback to crypto banking. Regulators cite stability concerns; industry warns the ruling could curb digital-asset innovation.
After a US court deems Trump-era tariffs unlawful, markets reassess risk and dollar strength. Could eased trade tensions lift risk appetite-or push investors to Bitcoin as a hedge? Here’s what could drive BTC next.
Federal judge declares EminiFX a Ponzi scheme, ordering $228M in restitution to victims and appointing a receiver. The ruling caps a yearslong probe and signals tougher enforcement of high-yield, crypto-style investments.
In a notable development, investors in EthereumMax have achieved a partial victory in their ongoing class-action lawsuit. The court has allowed certain claims to proceed, signaling potential accountability for the project’s promoters amid ongoing scrutiny in the crypto space.
Judge Robert Smith urged the jury to reach a verdict in the contentious Storm trial, emphasizing the prolonged deliberation’s impact on the court’s timeline. After days of deadlock, the court faces mounting pressure to resolve the case efficiently.
The FTX estate is seeking a court order to freeze payouts to creditors in ‘restricted’ countries amidst ongoing bankruptcy proceedings. This move aims to ensure compliance with regulatory obligations, protecting the estate from potential legal complications.
In a surprising turn of events, the SEC has announced the dismissal of its lawsuit against crypto giant Binance. This decision marks a significant shift in regulatory stance, potentially revitalizing investor confidence and the broader cryptocurrency market.
Celsius founder Alex Mashinsky has been sentenced to 12 years in prison after being convicted of fraud. His actions deceived investors and contributed to the downfall of the crypto lending platform, raising serious concerns over regulatory oversight in the industry.
NBA legend Shaquille O’Neal has reached a settlement in a lawsuit with investors of the collapsed crypto exchange FTX. The plaintiffs accused Shaq of exacerbating their financial losses through his endorsement of the now-defunct platform.