A federal judge has agreed to allow the legal dispute to come to an end Shaquille O’Neal has reached a settlement worth $11 million in a class-action lawsuit involving the Astrals NFT project, which he helped launch and promote. A federal judge in Florida signed off on the agreement, bringing an end to the legal
Crypto attorney James Murphy believes the government knows Satoshi’s true identity A lawsuit has been filed against the US Department of Homeland Security (DHS) by crypto attorney James Murphy, who is demanding records that could reveal whether the agency knows the identity of Bitcoin’s creator, Satoshi Nakamoto. The case hinges on comments made in 2019
Failure to complete required KYC documents could cost some victims a lot of money Nearly 400,000 former users of the failed crypto exchange FTX could lose out on more than $2.5 billion in repayments due to not starting the required identity verification process. According to a recent filing in the US Bankruptcy Court in Delaware,
The move comes as the SEC retreats from its anti-cryptocurrency position Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is set to expand its presence with a new office in Miami’s Wynwood Art District. The move marks a shift toward the Florida crypto scene and comes during a period when the firm may
More than two dozen states are now reviewing cryptocurrency reserve legislation Lawmakers in Alabama and Minnesota are considering new bills that could allow their states to invest in Bitcoin, adding to a growing trend across the country. Both states introduced legislation on April 1, with Minnesota’s Bitcoin Act (HF 2946) and Alabama’s Senate Bill 283
The decision is another example of how the US is changing its stance on cryptocurrency Kentucky has officially dropped its case against Coinbase, making it the third state to do so in recent weeks. The state’s Department of Financial Institutions filed the motion to dismiss yesterday, following similar moves by Vermont and South Carolina. This
The move is a result of changing regulations guiding crypto activity in the EU Binance has removed Tether’s USDT trading pairs in the European Economic Area (EEA) as part of its efforts to comply with the Markets in Crypto-Assets Regulation (MiCA). The decision is part of a broader initiative to align with regulatory standards, impacting
The US continues to shift its stance on the regulator guidance of digital assets The regulatory landscape for cryptocurrency in the US is shifting, with two major agencies easing restrictions on digital asset-related activities. The Federal Deposit Insurance Corporation (FDIC) and the Commodity Futures Trading Commission (CFTC) have both taken steps to allow financial institutions
The move is the latest of several made as the agency rethinks its cryptocurrency approach The US Securities and Exchange Commission (SEC) has officially closed its investigation into Coinbase. The news marks a significant shift in the regulatory landscape for the cryptocurrency industry. The SEC’s investigation into https://t.co/pFc4Pz9nFR has been closed with no action being
This isn’t the first time the social media personality has had a run-in with the law Crypto influencer Ben Armstrong, better known as “BitBoy,” has been arrested in Florida, just days after publicly stating that a warrant had been issued for his arrest. The Volusia County Division of Corrections confirmed that Armstrong was taken into
Bills have been presented in both the House and Senate to increase interest in digital assets North Carolina lawmakers are considering new legislation that could allow the state’s treasurer to invest a portion of retirement funds in digital assets, including Bitcoin. Bills introduced in both the House and Senate propose allocating up to 5% of
Several states could have their own cryptocurrency reserves in place this year Arizona’s push to establish a cryptocurrency reserve is moving forward as two key bills advanced past the House Rules Committee yesterday. The proposed legislation, if passed, would allow the state to manage digital asset reserves using both seized assets and public funds. The
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