In a letter from her lawyer, US Senator Elizabeth Warren has defended herself in opposition to threats of defamation from former Binance CEO, Changpeng ‘CZ’ Zhao, claiming her X feedback about his previous authorized troubles are true. The dispute stems from feedback Warren made on social media platform X aboutContinue Reading
Thai police arrested Chinese language nationwide Liang Ai-Bing in Bangkok for his alleged function within the FINTOCH DeFi scheme. FINTOCH was a Ponzi that faked ties to Morgan Stanley and used a false CEO, in the end shifting about $31.6 million USDT from person accounts and blocking withdrawals in MightContinue Reading
The far-right French political occasion, UDR, has launched a invoice into the French Nationwide Meeting, which if handed, would see the nation set up a strategic Bitcoin reserve holding as a lot as 420,000 BTC. The reserve could be funded primarily by way of public Bitcoin mining and Bitcoin seizuresContinue Reading
Prediction market Kalshi sued the NY State Gaming Fee to dam a cease-and-desist order claiming its contracts are unlicensed sports activities wagering. Kalshi argues it operates as a federally regulated change below the CFTC, whose unique authority over listed derivatives ought to preempt state playing legal guidelines. The case hingesContinue Reading
Trump’s pardon of Binance founder Changpeng Zhao ends a year-long authorized saga and indicators a friendlier stance on crypto regulation. The choice follows in depth lobbying and comes amid rising hyperlinks between Binance and the Trump household’s crypto enterprise. Lawmakers from each events have criticised the transfer, warning it dangersContinue Reading
Péter Szilágyi, former Geth lead, alleged in a letter that the Ethereum ecosystem has concentrated control by a small core of 5-10 actors and VC firms. Szilágyi claimed that Ethereum’s direction is ultimately controlled by Vitalik Buterin’s friend circle, despite the network’s decentralised nature. He warned that privileged funding routesContinue Reading
A invoice launched into Florida’s Home proposes permitting the state’s chief monetary officer to take a position as much as 10% of sure specified state funds into digital property akin to Bitcoin. It might additionally see the Florida State Board of Administration empowered to take a position as much asContinue Reading
Two Texas brothers kidnapped a Minnesota family, stealing US$8 million (AU$12.23 million) in crypto. Victims were held for nine hours at gunpoint and forced to transfer cryptocurrency to the suspects. Authorities tracked and arrested the brothers in Texas; they face federal and state charges. Federal and state authorities have filedContinue Reading
Australia introduced draft legislation to bring crypto platforms under the Australian Financial Services License (AFSL) regime, integrating them into existing financial services law. The proposal introduces two new categories—digital asset platforms and tokenised custody platforms, moving oversight for most exchanges from AUSTRAC to ASIC. The framework extends obligations to servicesContinue Reading
A judge in the US state of Delaware has refused Tron founder Justin Sun’s request for a restraining order and injunction to be imposed on Bloomberg to prevent the news outlet publishing details of his personal crypto holdings. Bloomberg had published the information in August as part of its annualContinue Reading
