Binance US Restores USD Withdrawals, Suggests Users Withdraw or Spend Their Dollars

The U.S. subsidiary of the world’s largest crypto exchange, Binance, announced it has resolved the issues with U.S. dollar (USD) withdrawals. The trading platform, which recently averted an asset freeze sought by the United States Securities and Exchange Commission (SEC), informed customers, however, that withdrawal services are likely to be discontinued again. Binance US May [...]

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FTX Japan Users Withdraw Funds Amidst Legal Battle

FTX Japan users have begun withdrawing all their funds after the slowdown in fund withdrawals due to Binance liquidating its FTX Token (FTT) holdings. While FTX Japan resumed withdrawals on Feb. 21, the legal battle with Sam Bankman-Fried (SBF) continues. (Read More)

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Luna Foundation Says Plans to Repay Terra Investors Thwarted by Litigation Woes

The plans to compensate affected Terra users is still far from reality. (Read More)

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Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts

“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP.

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Hemp grower crowdfunds court case, tokenizes shares in settlement

The Initial Litigation Offering is being used to help a hemp grower crowdfund legal fees in a fight against California, and has important implications for a new type of fund raising with crypto.

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Crypto Task Force from the SEC Engages with Companies to Discuss Staking and Review Litigation

The Securities and Exchange Commission (SEC) has announced the formation of a new task force dedicated to examining issues related to staking in the cryptocurrency industry. This task force will focus specifically on litigation reviews, aiming to ensure compliance with existing regulations and guidelines. Staking has become a popular practice in the crypto space, allowing [...]

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Cryptos comeback: Triumph over turmoil in 2024

Bitcoin crossed $100K, marking a bullish year. Still, legal battles, regulatory crackdowns and poor decisions tested the industry.

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Winners and losers of 2024: A year of all-time highs, hacks and hodling

Crypto lawyers, Bitcoin hodlers and memecoin entrepreneurs were some of the biggest winners of 2024.

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Blockchain Association calls for SEC leadership shift amid shameful FDIC reveal: Law Decoded

The Blockchain Association and Coinbase spotlight SEC and FDIC actions, revealing significant financial burdens on crypto firms.

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SEC’s crypto actions surged 183% in 6 months after FTX collapse

The regulator stepped up enforcement actions in the crypto space following the revelations around FTX.

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Coinbase remains '100% committed' to US market: Armstrong

The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much.

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