Regulatory (134)

Arizona Crypto scheme Involves Hundred, Maybe More: U.S. Attorney

Two Maricopa County men are facing dozens of charges related to an alleged scheme involving fake crypto investments. So reports AZ Family.


Senator Introduce Crypto Sovereignty Legislation

U.S. Sen. Ted Budd introduced a new bill aimed at bolstering crypto custody autonomy. So reports


Maine Treasurer Report: Abandoned Crypto Issue Growing

The Office of the Maine State Treasurer issued a report evaluating the state’s ability to manage and recover abandoned crypto assets. So reports Cointelegraph.


FTC Settles with Fintech Brigit After Making False Ad Allegations

Fintech app maker Brigit will pay $18 million in customer refunds after settling a complaint from the Federal Trade Commission. So reports Kiplinger.


Russian National Targeted By U.S. After Using Crypto to Help Launder Millions

Ekaterina Zhdanova was targeted by the U.S. Treasury’s enforcement arm after being accused of using digital currencies to help Russian elites evade international sanctions. As such, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued its own sanctions on Zhdanova, who was accused of moving and laundering money on behalf of nefarious international actors.


SafeMoon Developers Charged with Fraud

The Securities and Exchange Commission and Department of Justice filed a lawsuit against the founders of SafeMoon, a cryptocurrency once promoted by sports media personality Dave Portnoy. So reports The New York Post


Gensler Reiterates Stance On Crypto, Touts Enforcement

The U.S. Securities and Exchange Commission (SEC) was busy this year as it filed nearly 800 enforcement actions and secured orders and judgments to the tune of $5 billion, said Gary Gensler, chairman of the regulator agency.


NYAG Files Lawsuit Alleging $1B Fraud By Genesis, Gemini

New York Attorney General Letitia James is suing a cohort of cryptocurrency companies after alleging they defrauded more than 230,000 investors. So reports Gizmodo.


Sens Warren, Sanders Among Group Unhappy with Crypto Tax Rule Delay

After House Republicans criticized the substance of new rules governing how broker-driven cryptocurrency transactions would be taxed, a coalition of Democrats and independents in the Senate are worried the rules won’t be implemented soon enough.


CCI Lays Out DeFi Roadmap as Regulators Push for Level Playing Field

The Crypto Council for Innovation developed and published a new set of holistic policy recommendations that consider the needs of industry players, regulators and consumers ahead of a global push to responsibly leverage decentralized finance (DeFi).


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