Category: Law of the Chain
-
Judge allows testimony on ‘feasible’ Tornado Cash code changes
A judge allowed testimony stating Tornado Cash co-founder Roman Storm could have modified the platform to deter criminals. Storm faces charges of money laundering and violating sanctions.
-
Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange
Polymarket returns to the US after acquiring QCEX, a CFTC-regulated derivatives exchange, for $112M, enabling its prediction market platform to operate legally in the country again.
-
El Salvador’s Bitcoin Moves Questioned by IMF — Bitcoin Hyper Rises With Confidence
El Salvador pauses Bitcoin purchases under IMF agreement despite BTC’s price surge, raising questions about its crypto strategy and compliance with loan terms.
-
Polymarket set to reenter US with $112M acquisition of QCEX derivitives exchange
Polymarket acquires US-licensed QCEX for $112M, enabling its return to the US market after a two-year hiatus. The move follows dropped investigations and positions Polymarket against competitors like Crypto.com and Kalshi.
-
GENIUS Act Poised to Reshape Global Stablecoin Landscape, Experts Say – Crypto News Bitcoin News
The GENIUS Act, a new U.S. law, is expected to set global standards for stablecoin regulation, requiring compliance from non-U.S. issuers to access U.S. financial systems.
-
GENIUS Act Passes, Targets Stablecoin Oversight News ETHNews
The GENIUS Act establishes federal oversight for stablecoins, mandating transparency. Ripple’s RLUSD, backed by U.S. Treasuries, may challenge Tether’s dominance and aid global dollar reach via XRP’s network.
-
Data From Tornado Cash Trial Shows A Relatively Low Amount Of Criminal Usage Of The Protocol
FBI testimony in the Tornado Cash trial revealed 55% of funds during certain periods were criminal, but defense showed only 10% overall between 2020-2022 were illicit.
-
Roman Storm’s defense hints at mistrial after agents fail to trace funds stolen from witness to Tornado Cash
Roman Storm’s defense considers a mistrial after FBI agents fail to trace stolen funds from a witness to Tornado Cash, challenging the prosecution’s case.
-
JPMorgan Chase Forced To Halt $1,100,000,000 Lawsuit Against Fintech Firm Execs, Court Rules: Report – The Daily Hodl
JPMorgan Chase must halt its $1.1 billion lawsuit against Viva Wallet executives after a UK court ruling. The dispute stems from a failed call option and alleged business sabotage.
-
Polymarket eyes return to the US following acquisition of CFTC-licensed QCEX for $112M
Polymarket acquires CFTC-licensed QCEX for $112M, enabling US operations. The deal follows resolved regulatory probes and aims to offer compliant prediction markets with institutional safeguards.
