Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week. Story Published at: June 9, 2023 at 06:44AM Continue Reading…
Binance Halts Trading in Dollars on Its U.S. Exchange
Crypto Crackdown: Coinbase and Binance Lawsuits Shake Markets
The S.E.C.’s actions indicate a push to require crypto businesses offering securities to follow the same rules as traditional stock and bond exchanges. Story Published at: June 7, 2023 at 10:01AM Continue Reading…
S.E.C. Accuses Coinbase of Breaking Market Rules
The regulator said that the cryptocurrency trading platform allowed users to trade unregistered securities, a day after it accused the crypto platform Binance of mishandling funds. Story Published at: June 6, 2023 at 01:51PM Continue Reading…
Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX. Story Published at: April 26, 2023 at 08:00AM Continue Reading…
The Crypto Detectives Are Cleaning Up
Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the flow of funds has become a big business. Story Published at: April 22, 2023 at 10:00AM Continue Reading…
Europe Plots a Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties. Story Published at: April 5, 2023 at 01:03PM Continue Reading…
Which Celebrities Are Facing Backlash for Crypto Promotion?
Lindsay Lohan and Jake Paul are just two names who have encountered legal trouble for pushing crypto on their social media accounts. Story Published at: March 23, 2023 at 11:30PM Continue Reading…
Hermès Wins MetaBirkins Lawsuit, With Jurors Deciding NFTs Aren’t Art
Legal experts have been monitoring the First Amendment ramifications of a fashion brand’s lawsuit against the creator of a digital project that blurs the line between art and business. Story Published at: February 8, 2023 at 04:30PM Continue Reading…
FTX Inquiry Expands as Prosecutors Reach Out to Former Executives
Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried. Story Published at: February 4, 2023 at 05:45PM Continue Reading…
Top Law Firm Advising FTX on Bankruptcy Can Keep Its Job, Judge Says
Sullivan & Cromwell was under attack for a potential conflict of interest tied to its work for the crypto exchange before the bankruptcy. Story Published at: January 20, 2023 at 07:19PM Continue Reading…