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Legal
OKCoin Accused by FDIC of Making False Claims About Customer Protections
The U.S. banking agency demanded the exchange halt “misleading representations” of backing from FDIC insurance.
Ripple, SEC Seem to Agree About Not Taking Hinman Speech Seriously
SEC emails illuminated ex-official Hinman’s 2018 view on ETH, which Ripple’s top lawyer said was used to ‘destroy and disrupt’ U.S. crypto, but this probably won’t steer agency policy.
XRP Prices Jump as Hinman Speech Released in Ripple Labs Filing
Hinman suggested in his 2018 speech that bitcoin (BTC) and ether (ETH) were not securities, in his view.
Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors
The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.
EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO
EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1
Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say
The political movement to use state commerce rules to stop central bank digital currencies is based in legal nonsense that has no power to ban anything, experts contend.
Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind
The exchange’s chief legal officer, Marco Santori, said the regulators must leave the big questions for Congress, and lawmakers are showing they’re moving forward on crypto.
Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT
The leader of SpartacusDAO is barred from touching $35 million in investor funds until he starts working with the court.
Estate and Legacy Planning for Crypto Assets
Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner's death. Proper planning can ensure that digital assets are successfully transferred to loved ones and beneficiaries.
Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain made approximately $50,000 by buying and trading non-fungible tokens with insider knowledge gained from his position at OpenSea.
