KuCoin pleads guilty to US charges, agrees to pay $300M
KuCoin has admitted to operating an unlicensed money-transmitting business and will pay nearly $300 million in fines and forfeiture. Source link
KuCoin has admitted to operating an unlicensed money-transmitting business and will pay nearly $300 million in fines and forfeiture. Source link
A judge has killed part of Kraken’s defense in a suit launched by the Securities and Exchange Commission that argued Congress hadn’t given the agency jurisdiction over crypto. Source link
Semler Scientific is planning to raise $75 million through a private offering of convertible senior notes, which will help fund further Bitcoin purchases. Source link
Coinbase wants the Second Circuit Appeals Court to address whether crypto transactions are investment contracts, calling the matter of “immense importance to the crypto industry.” Source link
The Ethereum blockchain’s earnings from fees saw a 3% year-on-year rise from 2023 to 2024 despite the Dencun upgrade early last year, which reduced network fees. Source link
CLS Global admitted to helping wash trade and manipulate the market for a token made by the FBI designed to draw in those engaged in fraudulent crypto activities. Source link
Donald Trump has undone Joe Biden’s October 2023 executive order that established a framework for AI, including reporting mechanisms for companies. Source link
El Salvador’s total stockpile now stands at 6,044 Bitcoin, worth over $617 million, after the country bought an additional 12 BTC in the last day. Source link
Coinbase chief legal officer Paul Grewal accused the FDIC of playing “word games” after the agency said it only searched for pause letters from a specific time period. Source link
In a separate statement, Osprey said that the deal for Bitwise to acquire the Osprey Bitcoin Trust had been scuttled after failing to get the necessary regulatory approvals. Source link