California Man Gets 6½ Years as FBI Ties $250M Crypto Heists to Home Burglaries

In recent developments, a federal court has sentenced a California man to 78 months in prison for his role in a social engineering conspiracy that authorities say stole more than…

Gavin Newsom Bans California Public Officials From Prediction Market Insider …

In recent developments, california Governor Gavin Newsom signed an executive order Friday to ban public officials from using inside info on prediction markets. Looking closer, market participants highlight key drivers…

Nvidia Crypto Revenue Lawsuit Gets Class Certification From California Federa…

In recent developments, a federal judge in California granted class certification on March 25 in a long-running securities fraud lawsuit accusing Nvidia of hiding more than $1 billion in cryptocurrency-driven…

California Fines Crypto Wealth Platform Nexo $500K Over ‘Unlicensed’ Loans

In recent developments, nexo faces fresh headwinds as California regulators take action against the digital assets platform for the second time in three years. Looking closer, market participants highlight key…

Nexo to pay $500K fine to California regulator over ‘risky loans’

In recent developments, california’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay. Looking closer, market…

Crypto rich threaten to leave California after new tax: Is it a bluff?

In recent developments, crypto billionaires in California are threatening to leave the state, but are they ready to make good on their promise, or is an impending wealth exodus more…