CFTC complaint says Binance ‘knowingly disregarded’ federal laws

Bitcoin is seeing pressure on Monday after the Commodity Futures Trading Commission filed a lawsuit against Binance – the world’s largest crypto exchange. Why is CFTC going after Binance? CFTC alleges that the platform violated federal laws to attract U.S. users – an allegation that may result in a significant blow to its operations. The …

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Binance, CZ to Seek Dismissal of CFTC Complaint

Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC complaint alleging that it broke derivatives laws in the United States. Binance, [...]

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CFTC charges Tennessee couple over 'Blessings of God Thru Crypto’ scheme

Despite having no trading experience a Tennessee couple convinced 100 people to hand over their money for a uniquely named crypto investment pool.

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Binance and Changpeng Zhao Seek Permission to File Excess Pages in Response to CFTC Complaint

Binance, Changpeng Zhao seek court's permission for extended response to CFTC complaint amidst increasing scrutiny from US regulatory agencies. (Read More)

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Binance and CEO Changpeng Zhao intend to seek dismissal of CFTC complaint

Binance, Changpeng Zhao and former compliance chief Samuel Lim intend to file two motions to dismiss a March lawsuit from the CFTC.

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Binance, CEO Changpeng Zhao intends to seek dismissal of CFTC complaint

Crypto exchange Binance and its CEO Changpeng “CZ” Zhao are planning to file a motion to dismiss a March-filed lawsuit from the United States commodities regulator. In a July 24 filing to an Illinois District Court, multiple Binance entities, Zhao and former chief compliance officer Samuel Lim said they plan to file two separate motions [...]

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Dash Block Production Resumes After Disruption Amidst Miner Complaints

After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed complaints regarding mining on a different chain. Complaints Arise as Dash [...]

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FTX Sues SBF, Former Execs to Recover Over $1 Billion

Crypto exchange FTX is trying to regain $1 billion in a lawsuit against founder Sam Bankman-Fried (SBF) and some former executives. FTX’s new management argues the funds were misappropriated through dubious deals and transactions made before the coin trading platform went bankrupt last fall. Failed Crypto Firm FTX Files New Lawsuit Against Founders and Chiefs [...]

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BlockFi execs, Gemini named in proposed lawsuit by a disgruntled investor

Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities.

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Argo Blockchain accused of misleading investors in class action lawsuit

After a torrid 2022 that saw it sell off its flagship mining facility, Argo Blockchain's woes are worsening after a recent class action suit.

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Polygon powers India police complaint portal, battling corruption

The First Information Report (FIR) launched on Polygon allows the citizens of Firozabad to register complaints against the police without worry of it being dismissed or manipulated.

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SEC takes action against two meme stock wash traders

The SEC asserts that the defendants unlawfully gleaned more than $700,000 through a wash-trading scheme that targeted exchanges offering market maker rebates.

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Lejilex and Crypto Freedom Alliance of Texas Sue SEC for Unlawfully Targeting the Digital Asset Industry

Lejilex and the Crypto Freedom Alliance of Texas, a crypto nonprofit, have teamed up to introduce a complaint against the actions of the SEC towards actors in the digital asset industry in America. The complaint alleges that the SEC has no regulatory powers over these crypto companies, having usurped functions not given to it by [...]

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Argentine Lawyers Lodge Complaint with US Department of Justice and FBI over LIBRA Controversy

Argentinian legal representative files grievance against US DOJ and FBI over Libra investigations An Argentinian lawyer has raised concerns regarding the investigation conducted by the United States Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) into the Libra cryptocurrency project. The lawyer, Javier Milei, has filed a formal complaint against the US [...]

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Law Firm Pleads with Shaquille O Neal to Acknowledge Legal Complaint

The Moskowitz Law Firm has made a public plea to Shaquille O’Neal to acknowledge its legal complaint on behalf of FTX investors regarding his previous endorsement of the now-defunct crypto exchange. The firm has been standing outside TNT studios in Atlanta all week to serve him, but his security guards have not allowed them in. O’Neal is the only one among the FTX celebrities who has not yet been served. (Read More)

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Tron Founder Justin Sun, Soulja Boy, and Austin Mahone Summoned by SEC in Crypto Asset Case

Court documents reveal that Justin Sun, Tron’s founder, has been sent a summons from the U.S. Securities and Exchange Commission (SEC) regarding the civil complaint filed against him last month. Youtuber Austin Mahone and rapper Soulja Boy, whose real name is DeAndre Cortez Way, have also been summoned. The SEC accuses Sun of orchestrating an [...]

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HKMA Reports Surge in Banking Complaints Amidst Enhanced Monitoring

The Hong Kong Monetary Authority's latest Complaints Watch reveals a 32% rise in banking complaints in 2024, driven by increased account monitoring and intelligence sharing. (Read More)

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Jane Street, Tower Research and Radix are Binance’s ‘VIP’ clients in CFTC suit: Report

Trading firms Jane Street Group, Tower Research Capital and Radix Trading have been reportedly identified as Binance’s three “VIP” clients that were cited anonymously in the recent lawsuit filed against Binance by the United States commodities regulator. According to an April 5 Bloomberg report citing “people familiar with the matter,” Radix Trading is “Trading Firm [...]

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