U.S. Law Enforcement Seizes $31M in Crypto Tied to Uranium Finance Hack
Hackers made off with approximately $50 million when the automated market maker was exploited in 2021.
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Pump.Fun Hit With Proposed Class Action Lawsuit Alleging Securities Violations
The suit alleges that Pump.fun has made nearly $500 million in fees from helping users generate memecoins.
Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF
President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state’s Department of Justice branch.
FTX Victims View Bankruptcy Process as ‘Second Act of Theft,’ File to Recover $8B in Forfeited Assets
FTX’s victims are seeking a court hearing to rule on their claim that all the failed crypto exchange’s forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate.
U.S. Charges Three in Connection With Evolved Apes NFT Scam
Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game.
Terraform, Do Kwon Agree in Principle to Settle Fraud Case With SEC: Court Filing
Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.
Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
The defendants are said to have committed hundreds of acts of wire fraud, “causing harm to Google and at least approximately 100,000 Google users.”
Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings
The U.S. Securities and Exchange Commission (SEC) case against Coinbase delves into a ton of complexity, but before anything else, a judge has to decide whether transactions in about a dozen tokens traded on the U.S. exchange were securities.
Coinbase’s SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal
Coinbase is about to make its case in a federal courtroom that the U.S. Securities and Exchange Commission (SEC) is wrong about its legal arguments that the crypto exchange has been trading unregistered securities. What the New York judge does next could have serious consequences for the wider industry’s clashes with the regulator.
FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto
Three men duped New York-area banks into shelling out more than $10 million and tried to make off with the money by converting it to crypto, U.S. Attorney Damian Williams said Thursday in a statement.