Category: Law of the Chain
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FBI alerts on crypto recovery scam targeting victims again with $10M losses in 2023
FBI reports a crypto recovery scam targeting victims again, involving Bitcoin and Ethereum, with losses exceeding $10 million in 2023.
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New York’s 0.2% crypto tax proposal raises market sell-off concerns
New York proposes a 0.2% crypto tax, raising concerns over market sell-offs. Bitcoin and Ethereum traders face potential liquidity impacts amid regulatory scrutiny.
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US DOJ seizes $2.8M in Bitcoin from ransomware suspect in 2023 enforcement action
US DOJ seized $2.8M in Bitcoin and Ethereum from alleged ransomware operator, marking a 2023 crackdown on cybercrime involving Chainalysis and Europol.
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Citigroup offers institutional custody for $150B regulated stablecoin market in 2024
Citigroup launches institutional custody for regulated stablecoins like USDC and USDT, targeting a $150B market amid growing regulatory scrutiny in 2024.
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Ripple vs SEC lawsuit cost $200M as pundit claims US controls XRPL
The Ripple vs SEC lawsuit involved XRP and lasted 3 years, costing Ripple $200M. A pundit alleges US government controls XRPL, sparking debate.
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80 CEOs urge Trump to block bank fees threatening $3B US crypto access
80 CEOs including Coinbase and Kraken executives urged Trump to block bank fees threatening US crypto access, citing potential $3B annual industry impact.
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Federal Reserve concludes crypto oversight program, shifts to standard supervision in 2023
The Federal Reserve terminated its special crypto oversight program, shifting supervision to standard processes. Bitcoin and Ethereum affected; 2023 saw 120 crypto firms under review.
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US seizes $2.8M in crypto from ransomware operator in 2023 enforcement action
US authorities seized $2.8M in crypto from a ransomware operator, marking a significant enforcement action against cybercrime involving Bitcoin and Ethereum.
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SEC advances U.S. crypto hub strategy with 2023 Bitcoin and Ethereum regulations
Former SEC commissioner Paul Atkins states the SEC aims to establish the U.S. as a crypto hub, with Bitcoin and Ethereum mentioned, amid 2023 regulatory shifts.
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Digital Currency Group sues Genesis over $1.1 billion loan in 2023 crypto dispute
Digital Currency Group sues Genesis over a $1.1 billion loan dispute, involving Grayscale and SEC regulations, amid 2023 crypto market volatility.
