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A U.S. court sentenced Maximilien de Hoop Cartier to eight years in prison for helping launder more than $470 million through an unlicensed crypto exchange. Prosecutors said the network used U.S. banks, shell companies, and crypto accounts to move criminal proceeds overseas. Key Takeaways: Authorities sentenced a French national to eight years for running a … Read more
CFTC escalates prediction market fight as state challenges intensify across the U.S. The Kalshi case in Massachusetts heightens tensions, with regulators warning states they will see them in court. Key Takeaways: CFTC filing asserts exclusive authority over prediction markets, signaling federal dominance over state challenges ahead. Massachusetts case involving KalshiEx highlights conflict where state enforcement … Read more
Sam Bankman-Fried withdrew his pro se Rule 33 motion for a new trial this week, preserving the right to refile after his pending appeal is resolved. Key Takeaways: Sam Bankman-Fried (SBF) withdrew his Rule 33 new trial motion on April 22, 2026, without prejudice, preserving the right to refile after his Second Circuit appeal concludes. … Read more
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. This week in crypto law reflected a clear shift … Read more
A federal judge in California has ruled that Caitlyn Jenner’s JENNER meme coin does not qualify as a security under federal law, dismissing all securities claims in a proposed class action lawsuit filed against the celebrity. Key Takeaways: A federal judge dismissed all securities claims against Caitlyn Jenner’s JENNER meme coin with prejudice on April … Read more
Federal intervention is tightening control over U.S. prediction markets as courts back centralized oversight, escalating a clash between regulators and states over jurisdiction and enforcement boundaries. Key Takeaways: CFTC secured a restraining order blocking Arizona’s criminal case against regulated markets. Arizona relied on gambling statutes, a move CFTC argues conflicts with federal derivatives law. Selig … Read more
A Nevada judge has extended a ban on Kalshi, ruling its event contracts are indistinguishable from illegal gambling. Key Takeaways Judge Jason Woodbury issued a preliminary injunction against Kalshi in Carson City on April 3, 2026. The Nevada Gaming Control Board successfully argued that event contracts require a state gaming license. Kalshi must implement mandatory … Read more
This past week, a federal judge in San Francisco blocked the Pentagon and the Trump administration from enforcing a national security designation against Anthropic, the artificial intelligence (AI) company that refused to remove safety restrictions from its Claude models. Court Halts Trump Administration’s Ban on Anthropic’s Claude AI for Federal Agencies U.S. District Judge Rita … Read more
Two U.S. federal courts have thrown out terrorism-related lawsuits targeting Binance, dismissing claims brought under the Anti-Terrorism Act against the cryptocurrency exchange. US Courts Deliver Double Blow to Terror Claims Against Binance — Crypto Legal War Takes New Turn The latest ruling came from a U.S. federal court in Alabama, which dismissed all claims filed … Read more
A U.S. court awarded Shark Tank star Kevin O’Leary $2.8 million in damages after ruling against crypto influencer Ben “Bitboy Crypto” Armstrong in a defamation case. Failed Attempt to Overturn Judgment A U.S. court has ordered entrepreneur and television personality Kevin O’Leary to be paid $2,828,000 in damages after ruling against crypto influencer Ben “Bitboy … Read more