Category: Law of the Chain
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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.
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Digital Currency Group sues Genesis and Gemini over $1.1B promissory note in 2023
Digital Currency Group sues Genesis and Gemini over a $1.1B promissory note, involving SEC regulations and 2023 financial disputes.
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Cynthia Lummis supports Bitcoin reserve proposal by Scott Bessent for 10% allocations
Senator Cynthia Lummis supports Scott Bessent’s call for Bitcoin reserves, citing 10% allocation potential. Bitcoin rises 5% amid institutional interest from Key Square and MicroStrategy.
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SEC’s Project Crypto to establish Bitcoin and Ethereum guidelines by 2024
SEC Chairman Paul Atkins announced Project Crypto aims to clarify regulations, involving Bitcoin and Ethereum; 2024 target for new guidelines.
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Grayscale files Dogecoin ETF after SEC delays 21Shares proposal in 2024
Grayscale filed a spot Dogecoin ETF following SEC’s delay on 21Shares’ proposal. DOGE rose 5% post-announcement. The SEC reviews multiple crypto ETFs in 2024.
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Federal Reserve ends crypto oversight after Trump debanking criticism in 2023
The Federal Reserve ended crypto oversight following Trump’s criticism, impacting Bitcoin and Ethereum. 15% of banks had restricted crypto transactions in 2023.
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DCG sues Genesis for $1.2B debt in bankruptcy court over promissory notes
DCG filed a lawsuit against Genesis over $1.2B promissory note debt during bankruptcy proceedings, involving Bitcoin and Ethereum assets.
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US seizes $2.8M in crypto from REvil-linked ransomware operator in 2023
US authorities seized $2.8M in Bitcoin and Ethereum from an alleged ransomware operator linked to REvil and DarkSide attacks in 2023.
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Fed Ends Crypto Oversight Program as Treasury Rules Out New Bitcoin Buys
The Fed terminated its crypto oversight program on March 15. Treasury Secretary Yellen confirmed no Bitcoin purchases. BTC dropped 5%. ETH stable.
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Janet Yellen reverses Bitcoin stance as BTC drops 5% to $42,000
U.S. Treasury Secretary Janet Yellen reversed stance on Bitcoin, citing regulatory concerns. Bitcoin (BTC) dropped 5% to $42,000 amid policy uncertainty.
