Legal & Regulation

Sam Bankman-Fried has been charged by the U.S. Securities and Exchange Commission (SEC) with defrauding FTX investors. The former CEO is accused of “defrauding investors in the crypto asset trading platform FTX,” according to a report from…

Federal authorities said on Wednesday that a Russian national who operated a cryptocurrency exchange that the justice department claims turned into a shelter for the proceeds of illegal activity had been detained. China-based Anatoly…

According to reports, the Central Bank of Iran and the Russian government are working together to launch a new gold-backed cryptocurrency. According to the Russian news outlet Vedomosti, Iran and Russia are collaborating to develop a “token…

Searches for ChatGPT on Google have been on the rise as interest in AI continues to pile up. ChatGPT is a software that generates human-like responses on almost every topic. Those responses include articles, plans, stories, coding, and much…

The South Korean Supreme Court maintained jail sentences of four to fourteen years for three unidentified V Global officials. According to Yonhap, the illegal proceeds from the pyramid scheme would not be confiscated since identifying the…

According to FTX lawyer Andrew Dietderich, former FTX CEO Sam Bankman-Fried (SBF) allegedly gave Gary Wang, the crypto exchange’s co-founder, the order to create a $65 billion “secret backdoor line of credit” for Alameda Research. According…

The cost of collecting watches may be high. Even if you focus on low-cost, entry-level watches, purchasing a handful of them costs money upfront. If you’re like most watch collectors, you’re searching for a fantastic deal to protect your…

With a winning offer of $24.39 million, the sale of Yuga Labs’ 101 Bored Ape Yacht Club (BAYC) collection has exceeded expectations. The famed auction house Sotheby’s, which had originally predicted that the collection would bring in…

Sam Bankman-Fried, the former CEO of FTX, has denied the accusations made against him in a “pre-mortem overview” of the collapse of the cryptocurrency exchange. Bankman-Fried stated in a post on January 12 on Substack that FTX US had been…

The US Department of Justice is looking into the two brothers who own the Solana stablecoin exchange Saber Labs, Ian and Dylan Macalinao. The probe comes in response to CoinDesk’s August revelation that the Macalinao brothers built an…