Category: Law of the Chain
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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.
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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.
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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.
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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.
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FTX seeks time to respond as creditors fight freeze on $470M foreign claims
FTX estate seeks delay to address objections against halting $470M repayments to creditors in 49 restricted jurisdictions, citing legal risks and penalties for directors.
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Coinbase launches CFTC-regulated crypto perps for US retail traders
Coinbase introduces CFTC-regulated nano BTC and ETH perpetual futures for US retail traders, offering 10x leverage and low fees, following Kraken’s similar move earlier this month.
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GENIUS Act fuels Ripple’s rise – Breaking down the connection
The GENIUS Act’s approval boosts Ripple’s RLUSD stablecoin, positioning it as a compliant alternative to Tether’s USDT. Versan Aljarrah predicts RLUSD will globalize the dollar, backed by Treasuries and integrated with XRP for cross-border settlements.
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Coinbase Launches CFTC-Regulated Perpetual Futures in the U.S.
Coinbase launches CFTC-regulated perpetual futures trading in the U.S., offering nano Bitcoin and Ether contracts with up to 10x leverage and low fees, boosting its stock price.
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Ethereum Is Not A Security, SEC Chair Paul Atkins Confirms
SEC Chair Paul Atkins confirms Ethereum is not classified as a security, aligning it with Bitcoin as a commodity. Institutional adoption of ETH is rising, with corporate treasuries and ETFs driving demand.
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SEC chair says Ethereum not a security and praises its pivotal role in digital currencies
SEC Chair Paul Atkins confirms Ethereum is not a security, highlighting its importance in digital currencies. Companies are shifting treasuries to ETH, with SharpLink Gaming holding the largest known corporate position. Stablecoins and retirement access to crypto were also discussed.
