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United States

US losing blockchain developers to other jurisdictions as clamp down on innovation continues: report
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11 April, 2023

US losing blockchain developers to other jurisdictions as clamp down on innovation continues: report

While some industry experts blame stringent enforcement actions on the digital asset space that led to the declining figures of...
DOJ nets $112M from fraudsters dabbling in pig butchering scam
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10 April, 2023

DOJ nets $112M from fraudsters dabbling in pig butchering scam

Amid turbulence in the digital assets market, fraudulent activities like pig butchering scams continue to proliferate, with the U.S. DOJ...
State regulators sound alarm on investment platform using AI to mislead US investors
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10 April, 2023

State regulators sound alarm on investment platform using AI to mislead US investors

Yieldbot promises mouth-watering profits for investors, but U.S. authorities warned that the dApp works in similar fashion as a Ponzi...
SEC, Wahi brothers on the verge of settlement in Coinbase insider trading case
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6 April, 2023

SEC, Wahi brothers on the verge of settlement in Coinbase insider trading case

A path to resolving the U.S. SEC's insider trading charges against the Wahi brothers has opened up following an in-principle...
‘Crypto’ hackers target DeFi, Binance’s vulnerable BNB Chain
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5 April, 2023

‘Crypto’ hackers target DeFi, Binance’s vulnerable BNB Chain

A big chunk of crypto-focused financial losses in Q1 are a result of hacking activities, while rug pulls only make...
Bittrex exchange shutting US operations due to regulatory uncertainty
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4 April, 2023

Bittrex exchange shutting US operations due to regulatory uncertainty

The exchange is closing its U.S. operation by end of April 2023 due to “continued regulatory uncertainty.” The platform will...
US banking watchdog’s new fintech office opens on April 10
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3 April, 2023

US banking watchdog’s new fintech office opens on April 10

The office, first announced in October 2022, builds on and incorporates the Office of Innovation which the regulator established seven...
Beaxy exchange shuts down after SEC lawsuit
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2 April, 2023

Beaxy exchange shuts down after SEC lawsuit

The U.S. securities regulator has charged Beaxy with operating an unregistered securities exchange and broker, and its founder with raising...
Do Kwon to stand trial over falsification of travel documents amid extradition tussle
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1 April, 2023

Do Kwon to stand trial over falsification of travel documents amid extradition tussle

South Korea and the United States are in a tug-of-war game on who gets to keep embattled Terraform Labs founder...
Judge rejects report that Roche Freedman Crypto Leaks videos were doctored
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31 March, 2023

Judge rejects report that Roche Freedman Crypto Leaks videos were doctored

A judge has denied an attempt by Kyle Roche to introduce an expert report which purports to cast doubt on...
SEC’s Gary Gensler seeks $2.44 billion funding to combat crypto misconduct
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30 March, 2023

SEC’s Gary Gensler seeks $2.44 billion funding to combat crypto misconduct

Appearing before the Subcommittee on Financial Services and General Government, Gensler presented his agency’s Fiscal Year 2024 budget request of...
FTX’s Sam Bankman-Fried charged with bribing Chinese gov’t officials
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29 March, 2023

FTX’s Sam Bankman-Fried charged with bribing Chinese gov’t officials

Sam Bankman-Fried has been accused of offering millions in bribes to Chinese officials in the latest criminal charge against the...