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Litigation

Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.

Litigation

Follow the latest litigation cases affecting the blockchain and cryptocurrency sectors and understand their potential impact on regulations and market dynamics.

Stablecoins   -   May 07, 2024 Cartier Heir Caught in Drug Ring's Crypto-Money Laundering Scheme
Cartier Heir Caught in Drug Ring's Crypto-Money Laundering Scheme

The DOJ has been cracking down on crypto-related money laundering schemes, evidenced by multiple recent arrests. However, Chainalysis data indicates a significant decline in crypto laundering since 2022.

Litigation   -   May 03, 2024 U.S. SEC vs. Justin Sun and Tron Foundation: Legal Back and Forth Continues
Tron Foundation and Justin Sun File Motion to Dismiss SEC Lawsuit

The defendants challenge the SEC's authority to regulate their 2017 ICO, which Justin Sun and the Tron Foundation claim wasn't targeted at U.S. investors and involved primarily foreign participants.

SEC vs. Ripple: End in Sight as Parties Argue Over Remedies
Trading   -   May 09, 2024 SEC vs. Ripple: End in Sight as Parties Argue Over Remedies

More legal tussling as the blockchain company claims that the so-called Fox Declaration should have been classified as expert testimony, not "standard summary evidence," as the SEC claims.

Mathilde Adam
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Trading   -   May 09, 2024 SEC vs. Ripple: End in Sight as Parties Argue Over Remedies
SEC vs. Ripple: End in Sight as Parties Argue Over Remedies

More legal tussling as the blockchain company claims that the so-called Fox Declaration should have been classified as expert testimony, not "standard summary evidence," as the SEC claims.

Mathilde Adam
Stablecoins   -   May 07, 2024 Cartier Heir Caught in Drug Ring's Crypto-Money Laundering Scheme
Cartier Heir Caught in Drug Ring's Crypto-Money Laundering Scheme

The DOJ has been cracking down on crypto-related money laundering schemes, evidenced by multiple recent arrests. However, Chainalysis data indicates a significant decline in crypto laundering since 2022.

Mathilde Adam
Litigation   -   May 03, 2024 U.S. SEC vs. Justin Sun and Tron Foundation: Legal Back and Forth Continues
Tron Foundation and Justin Sun File Motion to Dismiss SEC Lawsuit

The defendants challenge the SEC's authority to regulate their 2017 ICO, which Justin Sun and the Tron Foundation claim wasn't targeted at U.S. investors and involved primarily foreign participants.

Mathilde Adam
Trading   -   May 02, 2024 China's Unluckiest Number Was 4-Tunate for CZ
CZ 4 changpenq zhao hour

Changpeng Zhao's fate has become weirdly entwined with the number "4", which he used to silence his critics.

Observers
Trading   -   May 01, 2024 CZ Sentenced to Four Months in Prison, Some Matters Remain Under Seal
CZ binance sentenced

After pleading guilty to money laundering last November, former Binance CEO and founder is heading to prison. Thanks to cooperation with authorities and an exceptionally good profile built by the defense, the sentence, however, is much lighter than requested by prosecutors.

Sasha Markevich
Blockchain   -   Apr 30, 2024 If You Are A Crypto Mixer Developer, Check U.S. DOJ Website Regularly
Samourai crypto mixer wallet Keonne Rodriguez William Lonergan Hill

Founders of another privacy-focused crypto tool face charges for allegedly facilitating $2 billion in illegal transactions, including over $100 million in criminal proceeds. Evidence suggests Samourai Wallet developers knew their service was used for illicit purposes.

Mathilde Adam
Litigation   -   Apr 27, 2024 Crypto Strikes Back: Consensys, Advocate Groups Sue U.S. SEC
Crypto Strikes Back: Consensys, Advocate Groups Sue U.S. SEC

The agency is under fire, facing lawsuits from Consensys and the Blockchain Association, which argue that its recent regulations constitute unlawful overreach.

Mathilde Adam
Trading   -   Apr 25, 2024 Ripple Opposes SEC's Proposed $2 Billion Fine in XRP Lawsuit
Ripple Opposes SEC's Proposed $2 Billion Fine in XRP Lawsuit

The firm calls the penalty "draconian" and unjustified, arguing that a fine closer to $10 million would be more appropriate.

Mathilde Adam
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