Law and Order

A growing number of American lawmakers from both sides of the aisle have expressed hope in recent days that Congress could pass major crypto-related legislation before the year’s end.

The former CEO of an emerging crypto project lost $450,000 to his “best friend” simply by connecting to his WiFi network. This was part of what is an emerging trend called a “Proximity Breach,” noted by anti-money laundering firm AMLBot.

Coinbase’s longstanding campaign to force the U.S. government to clarify how it approaches crypto ratcheted up on Monday, with the American crypto exchange filing multiple legal requests for internal documents at the Federal Deposit Insurance Commission (FDIC).

Alcon Entertainment is suing Elon Musk’s Tesla for copyright infringement, claiming that the car manufacturer used images from the 2017 sci-fi film “Blade Runner 2049” without the production company’s permission.
According to the lawsuit, filed today in U.S.

Seeking to boost support among Black male voters, the campaign of the Democratic Party presidential nominee Kamala Harris released an outreach agenda this week—which included a promise for cryptocurrency regulation to protect Black men who invest in digital assets.

After speculation this summer that the U.S. Securities and Exchange Commission (SEC) might wind down its war on altcoins like Solana, the financial regulator has now signaled that it fully intends to proceed with claims that selling the token constitutes an illegal, unregistered security offering.

Feds have hit an Olympic snowboarder with criminal charges for his alleged role in a cocaine trafficking gang, which used the stablecoin Tether (USDT) as a key part of its billion-dollar operation. 
A U.S.

Tigran Gambaryan, Binance’s head of financial crime compliance and a former IRS agent, could not attend a Nigerian court hearing on Friday due to his poor health. As a result, the executive’s trial has been postponed to next Friday.

A U.S. federal judge has sentenced an Indian man to five years in prison for creating fake versions of the Coinbase website and using them to steal more than $20 million from duped customers of the American crypto exchange.

The U.S. Securities and Exchange Commission has filed a last-minute appeal in its ongoing legal sparring with Ripple Labs, seeking to reverse parts of a summary judgment delivered by U.S. District Judge Analisa Torres more than a year ago.

The Federal Bureau of Investigations (FBI) announced Thursday that it has arrested a man and charged him over hijacking the Twitter (aka X) account of the Securities and Exchange Commission (SEC), using the account to tweet prematurely in January that the agency had approved Bitcoin ETFs.