Tag: Federal Laws
SEC Looking for $5,300,000,000 Penalty Against Terra-Founder Do Kwon, Alleging ‘Brazen Misconduct’: Report – The Daily Hodl
The U.S. Securities and Exchange Commission (SEC) is reportedly looking to hit the disgraced founder of the Terra ecosystem with a multibillion-dollar fine.
According to...
Breaking News
CFTC Chair Rostin Behnam Has ‘Magnified’ Concerns Over Bitcoin Regulation, Says New Federal Legislation Needed – The Daily Hodl
The Chair of the Commodity Futures Trading Commission (CFTC) says he is increasingly concerned about the growing accessibility of Bitcoin (BTC) and that new...
FBI enlists Amazon Rekognition AI surveillance tech
The FBI plans to use Amazon's controversial Rekognition cloud service "to extract information and insights from lawfully acquired images and videos," according to US...
Google Settles Lawsuit Over Tracking ‘Incognito Mode’ Chrome Users
Google is settling a class-action lawsuit over how it tracks data from individuals using browsers in "private" or "incognito" mode.The plaintiffs in Brown et...
Can Crypto Mixers Evolve to Sidestep Prosecution by U.S. Authorities? – CryptoCurrencyWire
Tornado Cash made headlines in August 2022 when the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned it, raising...
Binance SEC Lawsuit Heats Up Despite DOJ Settlement
Binance doubled down on its motion to dismiss an SEC lawsuit on Tuesday in response to an opposing motion filed by the SEC...
Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement
Ripple CEO Brad Garlinghouse said the U.S. SEC’s actions toward the crypto industry have failed in protecting investors and needs to reassess its regulatory...
Very Curious Revalation in the Ripple (XRP) v. SEC Case
A letter from December 2020 reveals that renowned American legal scholar Joseph Grundfest advised former SEC commissioner Jay Clayton not to sue Ripple,...
FBI Takes Down $15,000,000 Unlicensed Crypto-to-Fiat Transmitting Operation in New York State: Report – The Daily Hodl
The Federal Bureau of Investigation (FBI) has reportedly busted a group of Indian nationals who allegedly operated an unlicensed business converting cryptocurrency to cash...
Advantages and Disadvantages of Fintech in Real Estate
The convergence
of fintech and real estate has changed the way we buy, sell, invest in, and
manage real estate. Fintech, or financial technology, has provided...
SEC Charges FTX Auditor Prager Metis Over Independence Violations
On September 29, 2023, the Securities and Exchange Commission (SEC) announced legal charges against the international accounting firm Prager Metis CPAs, LLC and its...
Gamifying Trading: Robinhood Loses against Massachusetts Regulator
Robinhood,
the commission-free brokerage, has suffered a major defeat in its case against the
Massachusetts Secretary of State, Bill Galvin. The Supreme Judicial Court of
Massachusetts (SJC)...
How to Invest in Coinbase’s Base Project and COIN Stock
Executive Summary
Base is an Ethereum Layer-2 project owned by Coinbase. Like other L2s, the goal is to improve Ethereum’s speed and scalability. Importantly, other...