Stablecoin giant Tether now holds more US Treasury bills than Germany, ranking 19th globally. Explore Tether’s reserve strategy, its impact on dollar liquidity, and the regulatory landscape.
Tag: Law
Wintermute Expands to New York Amid Favorable US Crypto Regulations
Wintermute, a leading crypto trading firm, opens a New York office to capitalize on improved US regulatory conditions and contribute to the evolving digital asset landscape.
Sonic Labs Wins Judgment to Wind Up Multichain Foundation: Recovering $210M Hack Funds
A Singapore High Court has granted Sonic Labs’ motion to wind up the Multichain Foundation following a $210 million hack in 2023. Liquidators from KPMG will now attempt to recover and distribute funds to affected users.
South Korean Presidential Hopefuls Champion Bitcoin ETF Legalization: A Comprehensive Analysis
Leading South Korean presidential candidates are advocating for the legalization of Bitcoin ETFs, potentially mirroring Hong Kong’s move. This comprehensive analysis explores the candidates’ stances, potential regulatory changes, and the implications for South Korea’s crypto market.
SEC Delays Solana ETF, Polkadot & XRP Decisions Loom: What’s Next for Crypto ETFs?
The SEC has delayed its decision on a Solana ETF, but optimism remains high for approval. Upcoming decisions on Polkadot and XRP ETFs are on the horizon. Here’s a breakdown of the situation and what it means for crypto investors.
Bitcoin SV Investors Revive Binance Lawsuit: A Deep Dive
Bitcoin SV (BSV) investors are resurrecting a 2019 lawsuit against Binance over the altcoin’s delisting. This article explores the legal battle, BSV’s price decline, and the controversial figure behind it, Craig Wright.
OpenAI Abandons For-Profit Plans, Recommits to Nonprofit Status
OpenAI reverses course, reaffirming its commitment to its nonprofit mission and abandoning plans to convert to a for-profit model. Explore the reasons behind this decision, Elon Musk’s lawsuit, and OpenAI’s future revenue projections.
Crypto Entrepreneur’s Father Rescued in Paris Ransom Attempt: A Deep Dive into Crypto-Related Kidnappings
The father of a crypto entrepreneur was freed in a Paris police raid after being held for ransom. This incident highlights a growing trend of kidnappings targeting crypto users. Learn more about this case and similar incidents.
European Union to Ban Anonymous Crypto and Privacy Tokens by 2027: A Comprehensive Overview
The European Union is set to prohibit privacy-preserving cryptocurrencies and anonymous crypto accounts by 2027 under new Anti-Money Laundering (AML) regulations. This article provides a detailed analysis of the upcoming changes and their implications for the crypto industry.
Avraham Eisenberg, Mango Markets Exploiter, Sentenced to Over 4 Years on Child Abuse Material Charges
Avraham Eisenberg, known for exploiting decentralized exchange Mango Markets, has been sentenced to over four years in prison on charges unrelated to the exploit, specifically involving child sexual abuse material. This article delves into the details of the sentencing, the original Mango Markets exploit, and the legal proceedings surrounding both cases.