Law – Page 64 – DIGIT INFO

Robinhood to face class action lawsuit from meme stock debacle: Report

It’s been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks.

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US ethics advisory on federal employee’s crypto has basis in legislation

The Office of Government Ethics reminded federal agency ethics officers of current law and extended its interpretation of the law to mutual funds.

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National Power Administration Will Propose a Special Cryptocurrency Mining Fee in Paraguay

The National Power Administration of Paraguay has proposed to set a special mining fee for cryptocurrency mining operations in a decree project directed to the national economic team. Due to the immense losses the organization has faced, it has stopped supplying energy to some mining operations that were evading the payment of power bills, being […]

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New York AG calls for whistleblowers ‘deceived or affected’ by the crypto market crash

“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James.

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Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700

New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will achieve that. Authorities in Israel Go After Cash […]

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FTC files lawsuit against Meta over attempted monopolization of metaverse

The government watchdog previously filed a lawsuit against the social media giant in 2020 for alleged “anticompetitive conduct” in its acquisitions of WhatsApp and Instagram.

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Cathie Wood sells Coinbase shares amid insider trading allegations

Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.

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Uncertainty around French laws prompted F1 racers to remove crypto branding: Report

Spectators could not see Crypto.com’s logos during Formula One’s French Grand Prix, while staff from Alfa Romeo, AlphaTauri and Alpine reportedly removed crypto-related branding.

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SEC Philippines to investigate Binance over alleged illegal operations

A think tank in the Philippines doesn’t give up on efforts to ban Binance, now claiming that the crypto exchange has been operating illegally in the country.

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Bill addressing stablecoins risks in US likely delayed until September: Report

The unresolved issues in the bill reportedly included provisions on custodial wallets from the Treasury Department, and concerns from the Securities and Exchange Commission.

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