Republican States Pause Lawsuit Against SEC Over Crypto Authority
Crypto lobbyists also dropped a lawsuit against the IRS.
Policy
Semler Scientific Agrees to Pay DOJ $30M to Settle Fraud Investigation
In a Tuesday filing, the company said it had reached a loan agreement with crypto exchange Coinbase allowing it to borrow money — using its bitcoin stockpile as collateral — to pay the settlement.
Judge Rules Against Most of DCG’s Motion to Dismiss NYAG’s Civil Securities Fraud Suit
The judge agreed to toss out two of the claims against DCG, its CEO Barry Silbert and Michael Moro, the former CEO of Genesis Global Capital, on the grounds that they were duplicative.
SEC, Binance Ask Judge to Extend Pause in Ongoing Case
The parties previously asked a judge to pause the case for 60 days.
U.S. SEC’s Crypto Trading Roundtable Delves Into Easing Path for Platforms
Interim SEC Chairman Mark Uyeda hints at interest in a short-term solution for overseeing crypto firms while the agency contemplates permanent rules.
1 in 5 Cross-Chain Crypto Investigations Involve More Than 10 Blockchains, Elliptic Finds
Hopping from chain to chain is a common obfuscation tactic for criminals trying to cover their tracks, Elliptic CTO Jackson Hull said.
Senate Dems Slam DOJ’s Decision to Axe Crypto Unit as a ‘Free Pass’ For Criminals
In a letter to Deputy Attorney General Todd Blanche on Thursday, the six lawmakers urged him to reconsider his recent decision to disband the DOJ’s crypto enforcement squad.
President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi
The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
As part of the settlement agreement, the SEC agreed to drop its claims that three of Nova Labs’ tokens, including the native HNT token, were securities.
New SEC Staff Statement Urges Detailed Crypto Token Disclosures
The SEC staff statement was based on observations about previous disclosures, the agency said.