The prosecutors claimed that the huge penalty was appropriate given the severity and intentional nature of the crime.

Crypto companies were notable for their absence during the Super Bowl ad breaks for a second year. But what is driving this continuing trend?

Since launch, the fund to support the legal defence of Tornado Cash co-founders has collected over $460,000.

The notorious hedge fund co-founder said that nearly three-month-long imprisonment in Singapore was an “enjoyable experience.”

Online pastor Eli Regalado fleeced his flock to the tune of $3 million based on the promise (from God) of a 10x return. Naturally, the money is now gone, and the pastor faces fraud charges.

Clients who withdrew over $100,000 in the 90 days prior to bankruptcy must pay back the creditor 27.5% of this amount to receive distribution payments under the settlement plan.

A recent ruling in the SEC vs Terraform Labs case could be used as a precedent to argue that the two exchanges traded unregistered securities.

The DeFi protocol filed for Chapter 7 bankruptcy following the arrest of its executives last month and an SEC lawsuit.