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California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

California Man Pleads Guilty to Running Illegal Bitcoin ATMs and Money Laundering

Kais Mohammad has agreed to plead guilty to federal charges of operating an illegal Bitcoin ATM business that laundered over $25 million.

Finblox Raises Withdrawal Limit, Exploring Lawsuit against 3AC

Finblox Raises Withdrawal Limit, Exploring Lawsuit against 3AC

Finblox has increased its limits for crypto withdrawals. Crypto staking platform raised the cap from $1,500 monthly to $3,000 daily. Finbox also plans to recover its funds from Three Arrows Capital through legal actions.

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Coin Center Files Lawsuit against Treasury over Tornado Cash Sanctions

Backing a second lawsuit, Coin Center sues the Treasury Department and the Office of Foreign Asset Control (OFAC) over its sanctions on the Ethereum mixer, Tornado Cash.

Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach

Ripple CEO Brad Garlinghouse Criticizes Former SEC Chair Jay Clayton's Regulatory Approach

Ripple CEO Brad Garlinghouse criticizes former SEC Chair Jay Clayton for his aggressive regulatory approach, citing hypocrisy based on a 2020 lawsuit against Ripple. The ongoing legal tussle and recent developments highlight the broader regulatory uncertainties in the crypto industry.

Coinbase Sued over $350M in Damages Due to Patent Infringement

Coinbase Sued over $350M in Damages Due to Patent Infringement

The digital currency exchange platform Coinbase Global Inc. has been sued by Veritaseum Capital LLC over patent infringement in Delaware federal court

OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges

OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges

OpenAI has dismissed a copyright lawsuit by The New York Times, which alleges unauthorized use of its content for AI chatbot training, as "without merit." The case highlights significant challenges in AI and copyright law.

SEC Denies Holding Bitcoin and Ethereum Documents in XRP Case

SEC Denies Holding Bitcoin and Ethereum Documents in XRP Case

The lawsuit between the Securities and Exchange Commission (SEC) and Ripple continues to unfold.

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook Sues Bangkok 'LeadCloak' Software Developer Over Alleged Crypto Scams and Bogus COVID-19 Data

Facebook has sued a Bangkok software engineer whose firm offered software designed to bypass ad review systems and push deceptive ads to run on the media platform.

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Musk Requests Dismissal of $258 Billion Dogecoin Pyramid Scheme Lawsuit

Elon Musk and his legal team have requested the dismissal of a $258 billion lawsuit accusing him of operating a pyramid scheme to promote the cryptocurrency Dogecoin. Musk's lawyers dismissed the lawsuit as a "fanciful work of fiction" in a federal court hearing on March 31.

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

Chamber of Digital Commerce Joins Forces to Counter SEC's Lawsuit Against Binance.US

The Chamber of Digital Commerce has spearheaded a collective effort to defend Binance.US against the SEC's lawsuit. The chamber, along with Binance.US and other industry stakeholders, is challenging the SEC's regulatory approach, marking a significant collaborative resistance within the cryptocurrency sector.

BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto to Launch Class Action Lawsuit Against Celsius

BitBoy Crypto is taking the cessation of withdrawals by crypto lending platform Celsius more personally and has threatened to file a class-action lawsuit against the embattled lender.

Reasons Behind XRP's Surge to Top $1.90

Reasons Behind XRP's Surge to Top $1.90

XRP has been on a tear lately, rallying by more than 65% on a seven-day period to hit $1.90.

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