Lawsuits, SEC actions, regulatory crackdowns, and compliance drama
Illinois becomes the first US state to tax every crypto transaction at 0.2% — regardless of profit — with felony charges for unregistered brokers. The industry is preparing constitutional challenges.
Sam Bankman-Fried’s bid to overturn his 25-year fraud conviction was unanimously rejected by a federal appeals court. With every legal door closed, a Trump pardon is now his only escape hatch — and even that looks like a long shot.
No Exit: SBF’s Appeal Fails — A Trump Pardon Is All He Has Left Read More »
Adam Iza and his brother Saif Faiq have pleaded guilty to orchestrating a Lamborghini carjacking and kidnapping plot designed to steal Bitcoin by holding an alleged holder’s parents hostage. Their case marks a pivotal moment in America’s escalating wrench-attack crisis — and a warning to every crypto holder about the attack surface that can never be patched.
The Crypto Godfather’s Playbook: Kidnap the Parents, Steal the Bitcoin Read More »
Citron Research founder Andrew Left convicted on 13 counts of securities fraud for a $21M tweet-and-trade scheme. If TradFi punishes this with 25 years, what about crypto’s paid shillers?
Citron’s Andrew Left Convicted of Fraud — And Crypto Should Be Terrified Read More »
The UK has sanctioned Justin Sun’s HTX exchange under its Russia sanctions regime — the first time banking-style sanctions have been applied to a major crypto platform. The allegations: $1.5 billion in flows linked to the Kremlin’s A7 network.
Nine connected accounts with a 98% win rate on Iran military bets. An $800M oil trade 15 minutes before a Trump post. Death threats against journalists. And a regulator with one commissioner. 60 Minutes just exposed prediction markets’ darkest chapter.
Defunct exchange Bittrex has filed to void its 2023 SEC settlement and demand a $24 million refund, arguing the regulator had no legal authority to bring the case.
Bittrex Wants Its $24 Million Back — And the SEC Has No Leg to Stand On Read More »
The CFTC has sued five US states in a single month to block them from regulating prediction markets as gambling. With $240 billion at stake, the feds chose markets over democracy.
The Feds Are Suing Their Own States to Save a $240 Billion Betting Industry Read More »
Justin Sun has filed a bombshell federal lawsuit against the Trump family’s World Liberty Financial, alleging extortion, token freezing, and a scheme to destroy $320 million in WLFI tokens. Eric Trump’s response? A joke about a $6 million banana.
Sun vs Trump: The $320 Million Crypto War That Could Burn DeFi’s Biggest Power Couple Read More »
