SEC says it could challenge FTX crypto repayment plan

The regulator said that while stablecoin-denominated creditor repayments may not be illegal, it reserves its rights to challenge transactions involving crypto assets.

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Kraken denies SEC claims, argues digital assets arent securities: Law Decoded

Kraken rejects the SECs securities allegations, Brazil lifts the freeze on Starlinks bank account, the UK clarifies crypto property rights, and Coinbase backs NFTs legal defense.

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MicroStrategy and Michael Saylor settle tax case for $40M

In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.

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CoinShares secures 116% return from FTX claim sale

CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services.

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Customers protest exchange bankruptcy plan: We never gave FTX our coins!

A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights.

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Bitcoin price buys time at $61K as US jobless claims hit 9-month highs

Bitcoin refuses to budge after the latest U.S. macro data, but a six-figure BTC price is waiting the wings, analysis claims.

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Bitcoin white paper returns to Bitcoin.org website

Due to legal constraints, UK-based users still have restricted access to the Bitcoin white paper on the Bitcoin.org website.

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Genesis Global secures court approval for $3B payout

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCGs equity stake.

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Small creditors put at risk by latest FTX bankruptcy development

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

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SEC Misrepresents USD-Stablecoin Market, Claims Crenshaw

The recent guidelines set forth by the US Securities and Exchange Commission (SEC) regarding stablecoins have sparked a debate within the cryptocurrency community. Caroline Crenshaw, a SEC commissioner, has raised concerns about the potential impact of these guidelines on the stablecoin market. Crenshaw believes that the SEC’s approach to regulating stablecoins may stifle innovation and [...]

The post SEC Misrepresents USD-Stablecoin Market, Claims Crenshaw appeared first on Crypto Breaking News.

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Backpack Expands Claims Process for Former FTX EU Users

Backpack Initiates Process for Former FTX EU Users to Reclaim Funds Backpack, a leading digital asset platform, has launched the claims process for previous users of FTX EU who were affected by the exchange’s closure. Users can now submit their claims to retrieve their funds through Backpack’s streamlined and efficient procedure. The process is designed [...]

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Crypto Airdrop Alert: How to Participate in Venom Airdrop?

To participate in this Venom airdrop, users need to follow some simple steps, which are outlined below. Let's take a look at this Crypto Airdrop Alert.

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Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured [...]

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FTX lawyers, creditors slam SBF’s petition to get legal fees reimbursed

Sam Bankman Fried’s new petition to have his legal expenses reimbursed has been met with fierce objection from lawyers representing the crypto exchange and its creditors committee. As per previous reporting by Cointelegraph, Bankman-Fried’s lawyers had filed a motion on March 15 seeking to have his court costs covered by directors and officers (D&O) insurance [...]

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The Potential Wormhole Airdrop Guide: How to Check for the $W Token Airdrop?

The W token is designed to serve as a governance asset. Let's take a look at this Wormhole airdrop guide in more detail.

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Analysts predict major challenges for Bitcoin in reclaiming $94,000

Bitcoin Price Faces Strong Resistance at $94K Level, Say Crypto Analysts Bitcoin’s price is currently at a critical juncture as it approaches the $94,000 level, with analysts signaling significant resistance at this key point. The leading cryptocurrency has been trading in a volatile range in recent weeks, experiencing both upward and downward movements. Many crypto [...]

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Challenging Bitcoins Digital Gold Claim as Traders Shift to Bonds and Gold Reaches Record Highs

Bitcoins status as digital gold is facing a challenge as traders shift their focus to bonds, resulting in gold reaching new record highs. The narrative of Bitcoin being a safe-haven asset similar to gold has been a popular one in the cryptocurrency community. However, recent market trends have shown a departure from this idea. As [...]

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Galaxy Lawsuit Slammed as Lawfare by NAYG Exposing Scaramuccis Claims

Galaxy Digital, the cryptocurrency investment firm, is facing a lawsuit from a lesser-known entity called NayG for alleged misconduct. This legal battle, often referred to as “lawfare,” brings attention to the complexities and risks within the digital asset industry. The lawsuit is spearheaded by NayG, a relatively unknown player compared to the renowned Galaxy Digital [...]

The post Galaxy Lawsuit Slammed as ‘Lawfare’ by NAYG – Exposing Scaramucci’s Claims appeared first on Crypto Breaking News.

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Exciting News: Terraform Labs Unveiling Loss Claims Portal on March 31

Terraform Labs Launches Portal for Crypto Loss Claims On March 31, Terraform Labs unveiled a groundbreaking initiative by introducing a platform dedicated to handling claims related to cryptocurrency losses. This innovative solution aims to provide crypto investors with a streamlined and efficient process for seeking restitution in cases of financial loss within the digital asset [...]

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List of the 6 Best Blast Airdrops With Complete Guide

This article is all about the 6 best Blast Airdrops. Let's take a look at this in more detail. Numerous projects on Blast offer their own airdrop

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