Key Takeaways Changpeng Zhao, the founder of Binance, could be looking at a harsher sentence than initially expected. In the latest court filing, US prosecutors have stated that CZ should serve 36 months in prison after pleading guilty to violating…
Key Takeaways Manitoba, a Canadian province, has extended its moratorium on new requests for electrical service for cryptocurrency operations until April 30, 2026. This extension follows the initial pause imposed in November 2022 due to concerns about the strain cryptocurrency…
Key Takeaways The Hong Kong Securities and Futures Professionals Association (HKSFPA) is calling for independent self-regulatory organizations (SROs) to oversee the crypto industry, arguing that the current system is tilted too heavily towards supervision and stifles innovation. “The Hong Kong…
Key Takeaways Crypto advocate and lawyer John Deaton has extended support to Coinbase customers amidst the exchange’s legal tussle with the U.S. Securities and Exchange Commission (SEC). Deaton, known for championing cryptocurrencies, has filed a request to serve as amici…
Key Takeaways Binance executive Tigran Gambaryan remains behind bars in Nigeria after a court postponed his bail hearing for yet another month. Gambaryan’s legal battle began in February 2024 when he was arrested by Nigerian authorities on money laundering charges.…
Key Takeaways Former Ethereum Developer Virgil Griffith is seeking a reduction in his prison sentence. Griffith was convicted in April 2022 for violating US sanctions by attending a Pyongyang conference and giving a presentation on blockchain technology. Virgil Griffith was…
Key Takeaways A jury is deliberating the fate of Avi Eisenberg, a crypto trader accused of manipulating the Mango Markets defi exchange to steal $110 million in December 2022. The two-week trial concluded on April 17th in the Southern District…
Key Takeaways Leading blockchain intelligence firm, Arkham has unveiled a new dashboard analysing the holdings of some of the world’s top crypto whales. The dashboard’s data reveals that the top five identified crypto whales collectively possess approximately $3.5 billion in…
Key Takeaways United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering. He allegedly ran a large-scale illegal “cryptojacking” operation, defrauding two cloud computing providers out of $3.5 million. According to prosecutors, the operation mined…
The highly popular Telegram-based clicker phenomenon, Notcoin, concluded its coin generation phase this Monday. This marks a pause in its straightforward gameplay of coin tapping, paving the way for the much-anticipated launch of its digital currency and corresponding airdrop. A…
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