adminJudge stays CFTC’s case against US soldier over prediction market bets
In recent developments, a New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more…
BitMEX Faces Proposed Class Action Seeking Return Of 622 BTC
In recent developments, bitMEX is facing a proposed class action in the Southern District of New York seeking the return of 622.66 BTC over alleged forced liquidations and platform misconduct.…
DOJ’s Record 127,271 BTC Seizure Resurfaces Amid Scam Crackdown
In recent developments, the DOJ’s record bitcoin forfeiture case has renewed scrutiny of global scam compounds tied to crypto fraud, trafficking, and organized crime. Authorities sought forfeiture of 127,271 BTC,…
CFTC Moves to Drop Gemini Restrictions in Case It Says Shouldn’t Exist
In recent developments, the CFTC says its Gemini crypto case should never have been filed under current enforcement standards. The agency has joined Gemini in asking a federal court to…
South Korea Files First Criminal Case Over DEX Rug Pull, Indicts Five in Sola…
In recent developments, south Korean prosecutors have arrested and indicted five suspects in what authorities say is the country’s first criminal case targeting a rug pull on a decentralized exchange,…
Bitcoin Seizure Links Chinese National’s Binance Account to DOJ Case
In recent developments, federal prosecutors are seeking forfeiture of bitcoin tied to a synthetic drug importation case involving Binance records, blockchain tracing, and cooperation with Chinese authorities. Investigators said the…
Bitcoin’s Fed cut trade flips as bond market turns into the risk
In recent developments, bloomberg reported on May 22 that bond traders are fully pricing in a Fed interest rate hike by year-end, with interest rate swaps implying the Fed’s benchmark…
Brazilian gang raid reveals a new crypto-crime model: turning stolen power in…
In recent developments, rio de Janeiro Civil Police launched an operation targeting a Comando Vermelho operational nucleus and found a crypto mining setup with roughly 30 computers arranged on shelves…
CFTC Settles With Former FTX Engineer for $3.7M, Closing First Individual Case
In recent developments, he built systems that moved billions in customer funds. Now, the CFTC has closed his case with no civil penalty, citing his cooperation. Looking closer, market participants…
Indian court says ‘no case’ against CoinDCX founders in impersonation fraud
In recent developments, a Thane judge granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, finding no case against them. Looking closer, market participants highlight key drivers…