Cryptocurrency

Coinbase sues SEC to compel the regulator to respond to a July 2022 petition

Coinbase is looking to force the US Securities and Exchange commission to provide 'overdue' guidance on crypto regulation.

Sam Bankman-Fried accused of paying a $40 million bribe to a Chinese official

Disgraced FTX co-founder Sam Bankman-Fried is adding bribery to his list of criminal charges.

Terraform Labs founder arrested in Montenegro in relation to Luna crypto crash

Do Kwon was found attempting to flee Montenegro with falsified documents. Global warrants called for Kwon's arrest following the crash of TerraUSD & Luna 'stablecoins'.

Coinbase (COIN) CEO reveals the crypto company has received an SEC Wells notice

CEO Brian Armstrong shared word of the Wells notice from the SEC, which he feels is signaling enforcement action against Coinbase in the near future.

The IRS wants to start taxing NFTs as collectibles

The IRS has announced that it will tax NFT purchases in the future.

Crypto giant Silvergate Capital is shutting down operations and liquidating its bank

Silvergate Bank will wind down operations and be voluntarily liquidated. Its Silvergate Exchange Network payment platform was already suspended.

FTX former head of engineering Nishad Singh pleads guilty to criminal charges

Singh has been charged with things like conspiracy to commit securities fraud and conspiracy to commit money laundering, among other charges.

Retired Celtics star Paul Pierce settles with SEC over misleading promotion of EthereumMax crypto

In his SEC settlement, Paul Pierce has been ordered to pay a $1.1 million fine and disgorge $240,000 of his profits from promotion of EthereumMax.

Kraken crypto exchange to shut down staking program following $30 million SEC settlement

The Securities and Exchange Commission alleged that Kraken sold unregistered securities and failed to register offer and sale of its crypto staking-as-a-service program.