SEC Cracks Down on Ideanomics for Fraud in Misleading Crypto and Revenue Disclosures
The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its…
Nigerian Files Lawsuit to Overturn Crypto Ban, Seeks BTC Commodity Status
A Nigerian bitcoin proponent has launched a lawsuit challenging government restrictions on owning…
Connecticut Police Recover $63,500 in Cryptocurrency Scam
Connecticut State Police (CSP), in collaboration with the Statewide Prosecution Bureau, said on…
CFTC Pays $1M to Whistleblower in Digital Asset Case
The Commodity Futures Trading Commission paid a $1 million whistleblower award for information…
Putin Signs Law to Regulate Crypto Mining in Russia
Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency…
IRS Unveils Overhauled Crypto Tax Form With No Address Disclosure Requirements
The U.S. Internal Revenue Service (IRS) has unveiled an updated Form 1099-DA for reporting digital…
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen…
Following Court Ruling, XRP Price Skyrockets as South Korea Leads the Charge
On Aug. 8, following the imposition of a $125 million civil penalty on Ripple Labs by a district…
Federal Reserve Cites Significant Deficiencies in Customers Bancorp’s AML Compliance
The U.S. Federal Reserve Board has found “significant deficiencies” in Customers…
