On May 9, a court in the US handed former Coinbase product manager Ishan Wahi two years imprisonment. During the
Category: Regulatory Framework
Crypto Exchange Bittrex Files for Chapter 11 of Bankruptcy Protection in Delaware
On May 8, the American crypto exchange Bittrex filed for Chapter 11 of Bankruptcy protection. A few months ago, the
Voyager Digital Set to Liquidate Assets and Cease Operation Cites Failed Sales Deal
On Friday, the legal team representing the bankrupt crypto lender Voyager in the ongoing bankruptcy proceedings announced plans to liquidate
FTX Receives Court Approval for $50 Million LedgerX Sale
A recent report from the Delaware bankruptcy court revealed the law enforcers’ green-lighting of the sale of FTX crypto derivative
Hong Kong Regulators Request Banks to Support Crypto Firms in Account Opening
On Thursday, the Hong Kong Monetary Authority (HKMA) requested the local financial providers to offer banking services to crypto firms.
Coinbase Resubmits Petition to Court Ordering SEC to Respond
The America crypto exchange Coinbase submitted a petition to the US Federal court demanding the Securities and Exchange Commission (SEC)
Hong Kong’s High Court Recognizes Cryptocurrencies as Property in Gatecoin Case
Hong Kong has classified cryptocurrencies as property during the case proceedings for a defunct exchange called Gatecoin. The high court
Coinbase Shifts Focus Towards UK as the US Becomes a Difficult Territory for Crypto Industry
Coinbase CEO Brian Armstrong has stated the new direction of the regulated cryptocurrency exchange. To this end, he maintained that
U.S Congress Decides to Hold Hearing on Stablecoin Legislation as Part of Ongoing SEC Regulatory Action
U.S Congress is making some important changes in its schedule for the next week. The House of Representatives is undergoing
Silk Road Thief Gets One-Year Prison Sentence for Stealing more than 50,000 Bitcoin
James Zhong has recently received one-year prison sentence. He was found guilty of stealing 50K Bitcoins from the dark web