A Coinbase shareholder has filed a derivative lawsuit against several of the crypto exchange’s executives and board members, alleging oversight failures that exposed the company to regulatory penalties and legal risks.
The U.S. Securities and Exchange Commission has moved to partially resolve its enforcement case against crypto entrepreneur Justin Sun, proposing a settlement that would see BitTorrent owner Rainberry pay a $10 million civil penalty.
Police in South Korea have arrested individuals allegedly paid in cryptocurrency to carry out “private revenge” attacks involving vandalism, threats and the spreading of food and human waste.
The US Supreme Court declined to hear a case seeking copyright protection for artwork created entirely by artificial intelligence, leaving intact rulings that limit US copyright to works authored by humans.
Republican and Democratic senators have publicly rejected imprisoned FTX founder Sam Bankman-Fried’s support for the proposed Clarity Act crypto market structure bill.
Binance chief executive Richard Teng has threatened legal action against the Wall Street Journal over what he called “inaccurate reporting” that internal investigators uncovered $1.7 billion in digital assets flowing to Iranian-linked entities.
The wind-down trust of Terraform Labs has sued Jane Street, alleging the trading firm used non-public information to profit during the May 2022 collapse of TerraUSD.
Donald Trump has filed a $5bn lawsuit against JPMorgan in Florida, claiming the bank unlawfully closed accounts linked to him.
A Massachusetts court has blocked Kalshi from offering sports betting to residents amid legal action by the state.
An analyst says the stalled CLARITY Act could be a positive outcome for crypto markets and DeFi innovation.
Robinhood’s chief executive says the firm will help push forward stalled US crypto market legislation.
A proposed US crypto market bill is facing criticism over weak developer protections and growing privacy concerns.
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