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United States

IcomTech mining scam CEO pleads guilty to fraud, faces 20 years in prison
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4 October, 2023

IcomTech mining scam CEO pleads guilty to fraud, faces 20 years in prison

Marco Ochoa ran IcomTech, luring investors with promises of guaranteed profits from ‘crypto’ trading and mining, but spent the money...
Mosaic Exchange charged over scam promising 60% monthly profits
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3 October, 2023

Mosaic Exchange charged over scam promising 60% monthly profits

Mosaic Exchange claimed to hold tens of millions of dollars in assets and that its algorithm was 82% accurate and...
Patrick McHenry pushes stablecoin legislation as US narrowly avoids shutdown
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3 October, 2023

Patrick McHenry pushes stablecoin legislation as US narrowly avoids shutdown

House Financial Services Chair McHenry reiterates commitment to stablecoin regulation amid shutdown threat, highlighting bipartisan support for 2023's Clarity for...
Do Kwon says no to SEC deposition since he’s already in Montenegro jail
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29 September, 2023

Do Kwon says no to SEC deposition since he’s already in Montenegro jail

Do Kwon's lawyers claim that their client agreed to submit to the deposition, which was requested by the SEC to...
Gary Gensler receives criticism from House Financial Services Committee hearing overshadowed by partisan politics
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29 September, 2023

Gary Gensler receives criticism from House Financial Services Committee hearing overshadowed by partisan politics

SEC Chair Gary Gensler attended a House hearing, where he was slammed for "choking off" the digital asset sector, quizzed...
NASA plans to send data to the moon, and it involves blockchain technology
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29 September, 2023

NASA plans to send data to the moon, and it involves blockchain technology

NASA's plan to send data to the Moon is part of an effort to protect humanity's most important discoveries and...
US lawmakers appeal to Gary Gensler to allow spot Bitcoin ETPs in light of recent ruling
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28 September, 2023

US lawmakers appeal to Gary Gensler to allow spot Bitcoin ETPs in light of recent ruling

In the letter sent to SEC Chair Gary Gensler, four U.S. lawmakers urged the commission to end its alleged discriminatory...
Celsius creditors approve restructuring, but SEC balks at Coinbase’s role
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27 September, 2023

Celsius creditors approve restructuring, but SEC balks at Coinbase’s role

The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in...
Worldcoin: US gov’t blocks CEO Alex Blania’s arrest in Nairobi
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26 September, 2023

Worldcoin: US gov’t blocks CEO Alex Blania’s arrest in Nairobi

A Kenyan minister revealed that authorities detained Alex Blania while at the airport after appearing before parliament, but the U.S....
How FTX’s Sam Bankman-Fried spent his summer vacation: screwing the pooch
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25 September, 2023

How FTX’s Sam Bankman-Fried spent his summer vacation: screwing the pooch

The U.S. Court of Appeals for the Second Circuit rejected Sam Bankman-Fried’s bid to secure release from the Manhattan Detention...
US Authors Guild new class-action lawsuit targets OpenAI over breach of copyright rules
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23 September, 2023

US Authors Guild new class-action lawsuit targets OpenAI over breach of copyright rules

Authors Guild files class action suit against OpenAI, claiming copyright infringement in training AI models, and seeking redress for the...
Financial Services Committee approves bill prohibiting CBDC in US
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22 September, 2023

Financial Services Committee approves bill prohibiting CBDC in US

The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the...