Bookmarking Crypto Insights
Auto Added by WPeMatico
A federal court in Puerto Rico has held Juan Carlos Reynoso in contempt for refusing to surrender 119.65 BTC worth approximately $9.7 million, imposing a $10,000 daily fine until he complies with a seizure order. Defendant Faces Mounting Fines After Transferring Seized Bitcoin to Other Wallets Senior U.S. District Judge Francisco A. Besosa ruled on … Read more
Due to the limited disclosure of the FDIC’s participation in Operation Chokepoint 2.0, an organized de-banking movement against the crypto industry, Coinbase is intensifying its investigation, calling for official sworn statements instead of a more detailed document release. Coinbase Gearing for FDIC’s Sworn Testimony in Operation Chokepoint 2.0 Probe Coinbase has gone on the offensive … Read more
Eduardo Taiano, the Argentine prosecutor currently probing Milei and the Libra cooperators, has ordered the freezing of all LIBRA tokens involved in the case. Furthermore, the attorney is scrutinizing the activities of the addresses holding LIBRA that have also purchased other currencies. Argentine Prosecutor Advances Libra Probe: Mass Token Freezing Ordered The investigation of Libra, … Read more
Federal authorities move to return $8.2 million in seized cryptocurrency to victims of a widespread crypto fraud scheme that tricked investors through deceptive messages and fake platforms. FBI Seized $8.2M in Crypto—Now They’re Taking Action to Reimburse Victims Federal authorities are working to return over $8.2 million in seized cryptocurrency to victims of an investment … Read more
Though the Trump administration has softened regulatory oversight targeting select cryptocurrency firms and absolved Ross Ulbricht via a full pardon, many believe that systemic inequities demand further redress. Since Ulbricht’s release, a vocal contingent now highlights the plight of those ensnared within what they term a draconian justice apparatus, urging Trump to extend pardons to … Read more
Coinbase CLO Paul Grewal revealed that the company has submitted a FOIA request to gain a complete understanding of the costs and the individuals involved in the SEC’s actions against crypto, focusing on its Crypto Assets and Cyber Unit. Coinbase Submits FOIA Request to Estimate Costs of War Against Crypto Coinbase, one of the largest … Read more
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SEC’s dismissal of the case, revealed on Monday, marks a significant development in the … Read more
Why is the SEC delaying its dismissal of the Ripple case? A legal expert suggests a surprising reason that could impact XRP holders and Ripple’s future. Ripple vs SEC: The Mystery Behind the Delay Lawyer James Murphy, also known as Metalawman, has put forward a theory about the delay in the U.S. Securities and Exchange … Read more
A federal judge dismissed the U.S. Securities and Exchange Commission’s lawsuit against HEX founder Richard Heart on Feb. 28, 2025, ruling the agency lacked jurisdiction over his cryptocurrency projects. Federal Judge Dismisses SEC Lawsuit Against HEX Founder The SEC accused Heart, a Finland-based entrepreneur, of conducting unregistered securities offerings through HEX, Pulsechain and PulseX, raising … Read more
A Russian founder of cryptocurrency exchange Gotbit has been extradited to the U.S. to face charges of wire fraud and conspiracy to commit market manipulation. Code for Wash Trading Crypto Transactions Aleksei Andriunin, 26, founder of cryptocurrency exchange Gotbit, has been extradited to the United States to face charges of manipulating cryptocurrency markets on behalf … Read more