Miami Crew Leader Sentenced to 63 Months in Prison for Crypto Fraud
In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.
Court Cases
Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute
A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn’t in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled.
FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto
The FBI has charged six people for allegedly operating an illegal $30 million money-transmitting business using cryptocurrencies.
Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity.
Grayscale ETF Case’s Final Word Coming in Federal Court as SEC Loss Formalized
Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case, legally setting Grayscale’s win in stone.
U.S. Shutdown, Assuming It Doesn’t Run Long, Will Slow, Not Cripple Crypto Efforts
The crypto industry’s business in Washington is coming to a head just as a looming congressional budget impasse could shut down an array of federal services next week. But the digital assets sector can expect its most important matters won’t go entirely dark, experts suggest, even if they’re dragged out longer than crypto firms had hoped.
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.
SEC’s Grayscale Court Rout Puts Agency in Will-They, Won’t-They Role Starring Gensler
The crypto industry’s campaign to set up exchange-traded funds (ETFs) has now pushed the U.S. Securities and Exchange Commission against a wall with Grayscale Investments’ consequential court win, but it’s still up to the agency to decide whether to retreat or keep fighting.
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.