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A Florida man must repay over $7.6 million after deceiving investors with a fake cryptocurrency, using their funds for luxury goods instead of promised assets. Cryptocurrency Fraudster Ordered to Repay Millions A federal court has ruled that Randall Crater of Heathrow, Florida, must pay more than $7.6 million in restitution for deceiving investors through a … Read more
In a positive turn of events, the court released the 31-year-old developer and placed him under house arrest and electronic monitoring until his trial. Tornado Cash’s Alexey Pertsev Regains Freedom Following Court Decision After languishing in a Dutch jail for nine months, Alexey Pertsev, one of the developers of the cryptocurrency mixer Tornado Cash, was … Read more
A new documentary exposes the high-stakes battle of Roger Ver, a libertarian crypto pioneer, as he confronts politically driven charges that epitomize the state’s assault on individual freedom. Documentary Exposes Crypto Pioneer’s Fight for Freedom From Lawfare A new documentary lays out the story of Roger Ver, known as “Bitcoin Jesus,” and his current fight … Read more
The Securities and Exchange Commission is asking an appeals court to rule that XRP tokens sold to retail investors were unregistered securities as it continues its years-long case against Ripple Labs. Go to Source
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act. Go to Source
According to Ripple’s chief legal officer, the SEC will continue with its appeal of a judgment in the civil case despite Chair Gary Gensler stepping down in six days. Go to Source
A panel of three judges said they would not force the SEC to implement rulemaking on crypto but referred to the commission’s “fogginess” potentially harming digital asset firms. Go to Source
A U.K. court rejected a lawsuit by James Howells seeking to force Newport City Council to allow him to search a landfill for a lost hard drive containing bitcoins. Claim Lacks Realistic Prospects of Success A U.K. court has dismissed a lawsuit filed by James Howells against Newport City Council for its refusal to allow … Read more
The Bitcoin seized from former ICRF employee Marat Tambiev will be turned into Russian state revenue from a hardware crypto wallet. Go to Source
Avi Eisenberg was found guilty of fraud and market manipulation in April 2024 and could face up to 20 years in prison. Go to Source