Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers.
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Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance.
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance, and now it will “vigorously defend” itself, it says.
In a social media post, Brian Armstrong said he thinks the SEC's rules are unclear and that the courts need to make rulings to clarify them.
The full Agriculture Committee heard testimony from CFTC chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer.
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches.
Projects are racing to create legal coin mixers that preserve privacy while revealing just enough data to stay on the right side of the law.
The SEC lawsuit alleges that Coinbase operated as an unregistered broker and several tokens offered on its platform qualify as security.
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S.
The UK prime minister’s AI task force advisor said large AI models will need regulation and control in the next two years to curb major existential risks.
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows.
A minister from the United Kingdom's opposition party says AI should be licensed and regulated in a similar way to the pharmaceutical and nuclear industries.
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto.
Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful.
Paul Grewal reiterated that the “U.S. is falling behind” and is at risk of driving jobs, innovation and investment overseas.
With its latest suit against Binance, the U.S. SEC has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market.
U.S. Attorney Damian Williams said Fowler’s lies exposed the U.S. financial system to “serious risk.”
New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests.