Lawsuits, SEC actions, regulatory crackdowns, and compliance drama
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 »
A $75M investment, a smart contract kill switch, and a federal lawsuit. Justin Sun vs World Liberty Financial is exposing the ugly truth about DeFi governance.
