SEC claims Beaxy founder took ICO funds for gambling
Beaxy, related firms, and executives have been sued by the SEC for issuing an unregistered security and failure to register.
Bennett Tomlin
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Judge says token holders could be liable for DAO hacks
A California judge has ruled that DAO token holders may be liable for the actions of the DAO as part of a general partnership.
SBF indicted for bribing China officials to unfreeze Alameda funds
Sam Bankman-Fried, formerly of FTX and Alameda Research, has been indicted for directing at least $40 million in bribes to Chinese officials.
CFTC lawsuit against Binance claims CZ traded against users
The CFTC has sued Binance and CZ for failure to register, AML failures, illegal derivatives, and allowing US-based people to use it.
Chinese users appear to bypass Binance KYC thanks to help from Binance
Binance employees and volunteers allegedly explained to mainland Chinese users in great detail how to avoid Binance KYC/AML checks.
— Crypto, Justin Sun
SEC sues Justin Sun over TRX, BTT, market manipulation
The SEC claims that Sun, the Tron Foundation, the BitTorrent Foundation, and Rainberry Inc. engaged in a scheme involving wash trading.
What’s up with TrueUSD and the rest of TrustToken’s stablecoins?
The market cap of TrueUSD recently doubled to over $2 billion, but the stablecoin is still surrounded by opaque ownership and behavior.
‘Circle Swap’ scam exploits USDC depeg fears, drains ether from wallets
A new scam appears to allow users to avoid the risk of a USDC depeg, but instead it drains the wallet of unsuspecting victims.
HiveEx, Genesis Block, and SBF’s trading desk network
Sam Bankman-Fried relied on a number of trading desks beside Alameda Research to keep his empire functioning.
Is ether a security? New York’s Attorney General thinks so
The New York Attorney General has alleged in a lawsuit against KuCoin that ether, Luna, Terra, and KuCoin Earn are securities.