Google Takes On Crypto Scammers With Legal Action

Google has initiated legal proceedings against a cadre of individuals accused of executing a sophisticated crypto scam, as CNBC reports exclusively today. The lawsuit, lodged on Thursday in the Southern District of New York, targets Yunfeng Sun, also known as Alphonse Sun, and Hongnam Cheung, known alternately as Zhang Hongnim or Stanford Fischer, alongside their […] дальше »

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Google files lawsuit against crypto scammers allegedly defrauding thousands

Tech giant Google has taken legal action against a group of crypto scammers, alleging their involvement in defrauding more than 100,000 people worldwide. Filed on Thursday, the lawsuit accuses the scammers of uploading fraudulent investment and cryptocurrency exchange apps to Google Play, Google’s official app store for Android devices. дальше »

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OneCoin Scammer Gets 4 Years Jail Sentence — Justice Served?

OneCoin, the cryptocurrency project that morphed into a notorious pyramid scheme, continues to cast a long shadow. Yesterday, Irina Dilkinska, the former head of Legal and Compliance for OneCoin, was sentenced to four years in prison by US District Judge Edgardo Ramos for her role in the multi-billion dollar scam. Related Reading: Move Over Gold, […] дальше »

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DAOs Beware: Neo-Imperialism Is on the Rise in Crypto-Land

Wyoming's new legal entities for decentralized unincorporated nonprofit associations sets up legal entities that cheapens the idea of creating protocols that work independent of nation states, Martin Schmidt writes. дальше »

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Tron faces legal troubles. What’s next for the network?

How have recent legal challenges impacted Tron’s trajectory, and what implications does this hold for Tether’s future?  According to recent research by TRM Labs, in 2023, Tron (TRX), led by Chinese entrepreneur Justin Sun, saw 45% of all illicit crypto… дальше »

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Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps

The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users." дальше »

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OneCoin’s legal chief sentenced 4 years for $4.4b crypto fraud

United States District Judge Edgardo Ramos has sentenced Irina Dilkinska, the ex-head of legal and compliance for the notorious OneCoin Ponzi scheme, to four years in prison. On April 3, the U.S. Attorney’s office announced the sentencing that follows Dilkinska’s… дальше »

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Bitcoin Champion Max Keiser Blasts Argentinian President’s Crypto Stance

Argentina and El Salvador, both facing economic struggles, are taking vastly different approaches to cryptocurrency. While El Salvador became the first country to adopt Bitcoin as legal tender in 2021, Argentina’s new president, Javier Milei, is taking a more measured route, prioritizing regulation and differentiation between the crypto and the broader cryptocurrency landscape. Bitcoin Distinction […] дальше »

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Crypto Status Is The US SEC’s Primary Target, Not XRP: Bill Morgan

Australia-based attorney Bill Morgan has revealed that the United States Securities and Exchange Commission’s (SEC) main target is crypto’s regulatory status in the ongoing legal dispute and not exclusively XRP. дальше »

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KuCoin’s assets and market share slide amid legal woes and user withdrawals

Recent legal challenges with US authorities have resulted in a noticeable decline in user assets on KuCoin, according to the exchange’s latest proof-of-reserve certificate. According to the update, the exchange users’ Bitcoin holdings decreased 25. дальше »

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Changpeng Zhao tops crypto billionaires ranking despite legal saga

According to a new Forbes article, Binance founder Changpeng Zhao has tripled his net worth since 2023. дальше »

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Binance Sets Up First-Ever Board Of Directors Following Regulatory Crackdowns

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Binance Appoints First Board of Directors Amidst Regulatory Overhaul

Amidst regulatory overhaul, Binance appoints its first board of directors, led by Gabriel Abed, facing criticism for insider dominance and ongoing legal challenges. The post Binance Appoints First Board of Directors Amidst Regulatory Overhaul appeared first on BeInCrypto. дальше »

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Decentralized Exchange OpenLeverage Has Been Hacked

OpenLeverage was hacked, incurring a $236,000 loss. It will use insurance and buyback funds to cover losses, pausing all operations to ensure user funds' safety and planning legal actions. The post Decentralized Exchange OpenLeverage Has Been Hacked appeared first on BeInCrypto. дальше »

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New memecoin offers Ripple investors novel avenue amid legal woes

Facing a legal fine from the US Securities and Exchange Commission, the Ripple community sees a shift as investors turn towards NuggetRush's presale, drawn by its promise of a major ROI and equitable tokenomics. #partnercontent дальше »

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Tornado Cash defense lawyers move to dismiss criminal charges

Tornado Cash dev Roman Storm's legal defense has filed a motion to dismiss criminal charges against him, arguing he only published code. дальше »

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FTX founder receives 25-year jail sentence, SEC seeks $2b from Ripple, Bitcoin reclaims $70k | Weekly Recap

Weekly Recap: Significant legal developments across the cryptocurrency sector, including SBF's sentencing, regulators' demanding $2b from Ripple, and an indictment against KuCoin.  дальше »

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Expert Warns Investors XRP Won’t Make Them Rich Amid Possibility Of Landmark July Ruling Being Overturned

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'SEC Is All Hat': Ripple CLO Reflects on Coinbase v. SEC Battle

Ripple's Chief Legal Officer Stuart Alderoty casts doubt on SEC's assertions in Coinbase case, questioning regulator's arguments дальше »

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Court Freezes $7.6 Million Assets Of Satoshi Wannabe Craig Wright To Prevent Legal Costs Evasion

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SEC vs Ripple: Settlement Talks or Legal Standoff?

Despite trending social media images and rumors of a settlement, legal experts caution against premature conclusions about the Ripple, SEC case. The post SEC vs Ripple: Settlement Talks or Legal Standoff? appeared first on BeInCrypto. дальше »

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The Advantages of XRP Ledger

Ripple's XRPL was created to revolutionize the world of finance. Here's why people use it despite all the legal attacks. дальше »

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CFTC Commissioner hints at overreach on KuCoin charges

Caroline Pham, a CFTC commissioner, has publicly criticized her agency's legal action against the crypto exchange KuCoin. дальше »

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Satoshi Impersonator Craig Wright Faces $7.6 Million Asset Freeze

In a landmark ruling, a UK Judge froze $7. 6 million of Craig Wright's assets, challenging his claim as Bitcoin creator and highlighting legal battles over cryptocurrency copyright and identity issues. дальше »

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Mysterious 1.4 Trillion SHIB Sent to KuCoin Despite Legal Storm

An anonymous whale moves over trillion SHIB to KuCoin, while others are withdrawing their crypto дальше »

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Sam Bankman-Fried might get early release, suggest legal experts

Despite the 25-year sentence, there have been talks that under state law, FTX's former CEO could receive a reduced sentence. дальше »

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Detained Binance exec sues Nigeria over ‘human rights violations’

Detained Binance executive Tigran Gambaryan has initiated legal action against Nigerian authorities, including the National Security Adviser (NSA) Nuhu Ribadu and the Economics and Financial Crime Commission (EFCC), over allegations of human rights violations. дальше »

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Former FTX CEO Sam Bankman-Fried sentenced to 25 years in landmark fraud case

Sam Bankman-Fried, the former CEO of FTX, was sentenced to 25 years in jail today in a packed courtroom, marking a significant moment in the legal scrutiny of the crypto industry. He will be 57 years old when he is released. дальше »

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Crypto Industry Braces for Sentencing of These 2 Key Figures

Sam Bankman-Fried faces sentencing in New York, sparking debates about his financial crimes. In the Netherlands, Tornado Cash developer Alexey Pertsev's trial could set legal precedents for developers, with a verdict expected on May 14, 2024. дальше »

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Ripple’s Top Lawyer on Coinbase Loss: This Is Far From Over

Stuart Alderoty, Ripple's chief legal officer, has predicted that Coinbase would eventually emerge victorious against the SEC дальше »

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KuCoin announces $10 million airdrop in Bitcoin and its native token amid legal woes

KuCoin launches a $10 million airdrop in Bitcoin and KuCoin token for users after facing DOJ charges and a significant fund outflow. дальше »

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Shiba Inu News: Massive 2 Trillion SHIB Exit From KuCoin Amid Legal Storm

Criminal charges trigger $62 million Shiba Inu (SHIB) flight from KuCoin, but there's a catch дальше »

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Is Ripple Toast? Legal Expert Weighs In on SEC's "Explosive" Motion

This legal expert thinks that Ripple is a precarious position following the SEC's $2 billion request дальше »

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Huge Blow For Ripple As SEC Seeks Mammoth $2 Billion Fines In Final XRP Judgement

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New Hampshire Has a Better Approach to DAOs

The state's proposed law would grant legal personhood and limited liability for participants of decentralized autonomous organizations (DAOs). дальше »

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First Nation to Buy Bitcoin El Salvador Passes $400 Million in Holdings

El Salvador's pioneering embrace of Bitcoin as legal tender has paid off, with the country now holding over $400 million worth of Bitcoin. дальше »

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Grayscale executive sees path to Ethereum ETF approval despite SEC silence

Craig Salm, the Chief Legal Officer at Grayscale, suggested that the US SEC’s “perceived lack of engagement” with spot Ethereum exchange-traded funds (ETFs) applicants wouldn’t be a decisive factor that would hinder the prospects of such products. дальше »

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Grayscale CLO anticipates SEC approval for spot Ether ETFs by May

Grayscale’s chief legal officer (CLO), Craig Salm, expects the SEC to approve spot Ether (ETH) exchange-traded funds (ETFs) by May 2024. According to Salm, the optimism stems from the SEC’s meetings with Grayscale prior to the approval of Bitcoin ETFs.… дальше »

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DeFi Education Fund files lawsuit to exempt airdrops from SEC’s securities classification

The DeFi Education Fund, a crypto advocacy group, and Texas-based apparel company Beba LLC have jointly initiated legal proceedings against the US SEC to clarify the status of airdrops as non-securities offerings. дальше »

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Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday. дальше »

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Is Nigeria Strong-Arming Binance?

Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria's legal battle with Binance. дальше »

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Real-World Assets Exchange DigiFT Debuts US Treasury Bill Tokens

DigiFT's new U. S. Treasury Bill tokens revolutionize blockchain investment, providing direct beneficial ownership and legal transparency. This marks a first in blockchain-based real-world asset exchanges. дальше »

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Ripple and SEC Enter Next Phase With Pivotal Filing, Countdown Begins

Ripple v. SEC: Pivotal filing sets stage for next major legal milestone дальше »

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SEC lacks grounds against ETH and valid reasons to reject Ethereum Spot ETF: Coinbase CLO

Coinbase's chief legal officer, Paul Grewal, addressed ongoing misconceptions about Ethereum's classification as a security. дальше »

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Apple’s legal woes mount as vulnerability threatening crypto security comes to light

Academic researchers have unearthed a significant vulnerability within Apple’s M-series computing chips, potentially jeopardizing the security of private crypto keys. On the same day, the US Department of Justice (DOJ) filed an antitrust case against the iPhone maker, alleging monopoly practices detrimental to consumers, developers, and competitors. дальше »

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Montenegro’s Supreme Court stalls Do Kwon’s extradition amid legal tussle

Montenegro’s Supreme Court has intervened in Do Kwon’s extradition to South Korea, putting the process on hold indefinitely, according to a March 22 translation of the Court notice. The Court said it overturned previous decisions from two lower courts that had greenlit Kwon’s extradition to South Korea because of the Supreme State Prosecutor’s Office’s request. дальше »

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Ripple CEO Predicts Setback For US SEC In Ethereum Case, Similar To XRP

The legal battle between the United States Securities and Exchange Commission (SEC) and Ethereum (ETH) has transformed into an intriguing case within the entire cryptocurrency landscape, with several experts predicting possible outcomes regarding the dispute. дальше »

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U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues

Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows. дальше »

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Estonia passes legislation to regulate crypto service providers

The government of Estonia has enacted a bill that introduces stringent legal requirements for digital assets service providers, local media reported on March 21. The legislation — approved on March 20 — is part of the country’s efforts to regulate the crypto industry and enhance its reliability. дальше »

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Web3 Law: A Deep Dive into Regulations for Blockchain Startups

Explore the legal complexities of web3 and blockchain technology. Learn about copyright issues, licensing, and more in the digital age. The post Web3 Law: A Deep Dive into Regulations for Blockchain Startups appeared first on NFT News Today. дальше »

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