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Regulations
Jailed Binance Exec's Nigeria Case to Be Heard a Month Early
The trial is set to resume next week after Tigran Gambaryan's defense lawyers requested that the case be heard sooner than the planned date in October.

Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
The distributions were made in liquid cryptocurrency and cash at Jan. 16 prices to roughly two-thirds of all eligible creditors by number and 93% by value.

U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
The complaint alleges that the duo falsely told investors about one of them creating a “bot” that operated on a crypto asset trading platform.

U.S. SEC Settles With Abra Over Unregistered Sales of Securities
The securities regulator says Abra sold half a billion dollars in unregistered Abra Earn while also operating without registration as an investment company.

SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
The federal regulator sued Kraken in California last year, alleging that the crypto company failed to register with the SEC as a broker, exchange or clearinghouse.

‘My Living Nightmare’: Detained Binance Exec’s Wife Begs for His Immediate Release
Tigran Gambaryan’s family says he can no longer walk and has battled multiple bouts of malaria pneumonia.

India's CBDC Has 5M Users, Can be Phased in Gradually: Central Bank Governor
Governor Shaktikanta Das said there should not be in any rush to roll out a system-wide CBDC.

Hong Kong Regulator Finds 'Unsatisfactory Practices' at Some Crypto Entities Seeking Full License: Report
As many as 11 entities are applicants for a full license with the regulator.

Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump
Robert Kennedy, a high-profile fan of digital assets, has joined forces with the Republican against Kamala Harris, giving Donald Trump an immediate bump in political prediction odds.

WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.
