Musk Beats Suit Over Promoting Dogecoin ‘Pyramid Scheme’ August 30, 2024 By Rachel Graf Elon Musk and Tesla Inc. won dismissal of a lawsuit claiming they pumped up the price of the cryptocurrency Dogecoin...
SEC Sues Over Alleged $650 Million Global Crypto Fraud August 13, 2024 By Jonathan Stempel The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently...
Crypto Hacking Thefts Double to $1.4B in First Half 2024 July 8, 2024 By Elizabeth Howcroft The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a...
Binance Crypto Founder Zhao Sentenced to Four Months in Prison May 3, 2024 By Deborah Bloom and Jonathan Stempel Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty...
Cryptocurrency Asset Platform Settles with Oregon over Violations April 1, 2024 The Oregon Division of Financial Regulation reached a settlement agreement in principle with a cryptocurrency asset platform for violating state...
Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges March 19, 2024 By Chris Prentice Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold...
Iowa Enters Settlement With Cryptocurrency Firm Abra February 26, 2024 The Iowa Insurance Division announced it entered a settlement in principle with a group of affiliated companies commonly known as...
Kansas Banker Charged With Embezzling $47M to Buy Crypto February 8, 2024 By Amanda Albright The former chief executive officer of a Kansas bank was charged with embezzling $47.1 million from the lender to buy...
North Korean-Linked Hackers Are Targeting Crypto Platforms More But Stealing Less January 29, 2024 By Sana Pashankar The number of North Korean-linked hacks of cryptocurrency platforms rose to a record high in 2023, though the actual amount...
SEC Approves Bitcoin ETFs in Watershed for Crypto Market January 11, 2024 By Hannah Lang The U.S. securities regulator on Wednesday approved the first U.S.-listed exchange traded funds (ETFs) to track bitcoin, in a watershed...