CryptoLaw And Legal

The Office of Foreign Assets Control has sanctioned Cambodian senator Kok An and 28 others over alleged involvement in crypto-linked scam centres operating across Cambodia.

Russia’s lower house of parliament has passed a first reading of a bill establishing a legal framework for cryptocurrency trading through licensed intermediaries.

Sam Bankman-Fried has withdrawn his request for a new trial in federal court while continuing to pursue an appeal of his conviction and a bid to have a different judge oversee proceedings.

Sullivan & Cromwell has apologised to a federal judge after submitting a legal filing containing about 40 incorrect citations and errors linked to AI hallucinations.

New York Attorney General's Office has sued Coinbase and Gemini, alleging their prediction market products violate state gambling laws.

Anthropic has lost its initial legal bid to block the US Defense Department from labelling its products a national security supply chain risk.

A US court has dismissed a lawsuit by crypto developer Michael Lewellen seeking legal protection for his software from money transmitter laws, ruling there was no credible threat of prosecution.

An Indian court has granted bail to CoinDCX co-founders Sumit Surendra Gupta and Niraj Ashok Khandelwal, ruling that no prima facie case exists against them in a fraud complaint.

A California court has dismissed a Coinbase user’s attempt to block an IRS summons seeking his financial records, ruling the case failed on procedural grounds.

Arizona has filed 20 criminal charges against prediction market platform Kalshi, accusing it of operating an illegal gambling business and offering election wagering within the state.

The US Securities and Exchange Commission has dismissed its case against BitClout founder Nader Al-Naji, ending a civil action tied to $257 million in alleged unregistered securities sales.

US prosecutors have urged a federal judge to reject Sam Bankman-Fried’s request for a new criminal trial, arguing the former FTX chief failed to meet the legal standard required for a retrial.