Federal Court


Policy

SEC Backs Off Crypto Dealer Fight, Continues Resetting Industry Approach

The U.S. Securities and Exchange Commission has been overhauling its digital asset legal strategy, and this week it dropped an appeal of the crypto dealer rule.

The U.S. Securities and Exchange Commission settled fraud accusations with firms associated with Archblock and the TrueUSD stablecoin. (Jesse Hamilton/CoinDesk)

Policy

Private Jets, Political Cash Among $1B in Sam Bankman-Fried's Forfeited Assets: Court

A federal court confirmed the final tally of SBF assets the government staked a claim to, including $606 million in Robinhood stock sales and two private jets.

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton, modified by CoinDesk)

Policy

U.S. Judges Demand SEC 'Explain Itself' for Rebuffing Requests for Crypto Rules

In another 11th-hour court loss for Chair Gary Gensler's tenure, judges in a Coinbase case again call the SEC's crypto position "arbitrary and capricious."

Coinbase CEO Brian Amstrong and SEC Chair Gary Gensler

Policy

Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%

The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.

A 2022 protest demonstrates the long fight over Tornado Cash, including the arrest of developer Alexey Pertsev. (Jack Schickler/CoinDesk)

Policy

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator's Request

The court order came after markets regulator ASIC said the companies broke Australian law and provided financial services without a licence.

Sydney Opera House in Australia (Stanbalik/Pixabay)

Finance

U.S. Judge Dismisses Lawsuit Against DeFi Startup PoolTogether

The lawsuit, filed in 2021, alleges the platform operated in a way that enabled users to evade financial regulation and scam consumers.

PoolTogether is crowdfunding its legal defense with an NFT sale (PoolTogether)

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