Crypto Law And Legal

Binance-linked companies sued RedotPay founders, seeking US$472.8 million over the alleged diversion of more than 470,000 Binance Card users.

The Second Circuit issued Sam Bankman-Fried’s appeal mandate on 4 August, leaving his 25-year prison sentence unchanged.

A New York federal judge denied the Commodity Futures Trading Commission’s request to block Kalshi’s sports event contracts.

Prediction market operator Kalshi faces at least US$36 billion in requested damages and penalties in a lawsuit filed by New York.

Former FBI supervisory agent Patrick Yaroch allegedly stole about US$1 million in cryptocurrency through roughly a dozen transfers.

BNB Chain said a former employee allegedly used unauthorised wallet access to launch Asteroid Shiba (CRYPTO), prompting legal action.

Telegram is facing legal action in Australia over allegations it failed to remove extremist and terrorist content from its messaging platform.

The US Securities and Exchange Commission has filed a lawsuit against Mining Automatic and its founder, accusing them of running an alleged US$22 million fraudulent crypto mining investment scheme.

The Digital Asset Market Clarity (CLARITY) Act received support from the Federal Law Enforcement Officers Association before a key Senate deadline.

Russia's State Duma Financial Market Committee has approved a revised cryptocurrency bill that removes a requirement for users to disclose wallet addresses while advancing the legislation toward its second reading.

Two Polymarket traders have sued the prediction market platform in New York, alleging it wrongly resolved a market on whether Strategy would sell Bitcoin (CRYPTO:BTC).

Payward, the parent company of Kraken, announced it had won a US$22 million arbitration award against former auditor Mazars USA and asked the Delaware Court of Chancery to enter judgment on the award.