Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
A former product manager at the cryptocurrency exchange Coinbase has made a formal request to have the allegations of suspected illegal insider trading dropped against them. Since the tokens that…
VARA Issues New Guidelines for Virtual Asset Service Providers in Dubai
Virtual Asset Regulatory Authority (VARA), the body in charge of supervising cryptocurrency regulations inside Dubai, has announced new rules for virtual asset service providers (VASPs) operating within the emirate. VASPs…
FTX CEO Describes ‘Pure Hell’ Leading Up to Exchange’s bankruptcy case
John Ray, who recently took over as chief executive officer of the cryptocurrency exchange FTX after the business declared bankruptcy, has revealed some of the chaotic incidents that have occurred…
CryptoZoo, Logan Paul Sued for $5M Over his allegations
Both CryptoZoo and Logan Paul have been listed as defendants in a recently filed class-action complaint. The claim argues that the defendants engaged in a "fraudulent business" that resulted in…
Senate Banking Committee to Develop Bipartisan Regulatory Framework for Cryptocurrencies
Recent reports indicate that Republican United States Senator Tim Scott, who serves as the ranking member of the Senate Banking Committee, aims to build "a bipartisan regulatory framework" for virtual…
Former FTX CEO ordered not to contact current or former employees
As a condition of his release from federal custody, the federal court who is presiding over the criminal case against Sam Bankman-Fried, the former chief executive officer of FTX, has…
Yuga Labs Facing More Lawsuits Over NFTs
The beleaguered cryptocurrency and fintech company Yuga Labs is going to be hit with more legal action in connection with its nonfungible tokens (NFT) collection, Bored Ape Yacht Club (BAYC),…
Trial between Hermes and NFT Artist Mason Rothschild set to go ahead
The trademark infringement trial between French luxury company Hermès and digital artist Mason Rothschild is scheduled to begin on January 30 in a federal court in Manhattan. Both parties allege…
The Philippines SEC seeks to bring cryptocurrencies under its scope
In a new set of proposed regulations, the Securities and Exchange Commission (SEC) of the Philippines wants to expand its jurisdiction over the local cryptocurrency business so that it may…