Judge Torres Shatters SEC-Ripple Deal, Stirring Turmoil in Crypto Regulation
Judge Torres rejected the SEC-Ripple settlement as procedurally improper, prolonging their legal battle. Ripple continues expanding globally while the SEC shifts toward crypto-friendly policies under new leadership.
Dubai regulator sets compliance deadline for updated crypto rules
Dubai’s VARA has set a June 19 deadline for crypto firms to comply with updated Rulebooks, enhancing market integrity, risk oversight, and clarifying terms like margin trading and token distribution.
What’s Happening With Coinbase: Wave of Lawsuits After Data Breaches | CoinGape
Coinbase faces multiple lawsuits following a May 15 data breach where attackers bribed staff to access customer data, compromising personal information and transaction history.
Dubai’s VARA Increases Leverage Controls on Crypto Margin Trading in Trading Rulebook Update
Dubai’s VARA updates crypto trading rules, tightening leverage controls and collateral requirements to align with global standards and enhance oversight of broker-dealers and wallets.
Luxury Seized: Bitcoin From Exchange Hack Triggers Aussie Mansion Bust | Bitcoinist.com
Australian authorities seized 25 Bitcoin, a mansion, and a Mercedes from a Queensland man linked to a 2013 French exchange hack. Assets worth $2.88M were forfeited under civil laws to fund crime prevention.
Apple KYC glitch on Bybit draws swift executive response to recover $100K
Bybit swiftly addressed an Apple ID KYC glitch affecting one user’s $100K funds, involving executives and multiple teams to resolve the isolated issue promptly.
Major Crypto Firms Spending Millions on Personal Security – Security Bitcoin News
Leading crypto firms like Coinbase, Circle, and Robinhood are investing heavily in executive security due to rising kidnappings targeting crypto millionaires, especially in France.
EU Fintech Trade Republic Secures Full MiCA License From Germany’s BaFin
Trade Republic, a major EU fintech, obtained a full MiCA license from Germany’s BaFin, enabling crypto custody and services across 30 EEA states. Germany leads with 36% of EU MiCA licenses issued.
Blum Co-founder Vladimir Smerkis Detained in Russia on Fraud Charges
Vladimir Smerkis, Blum co-founder, was detained in Russia on fraud charges tied to past crypto ventures. Blum confirmed his departure, assuring continued operations amid community concerns over the BLUM airdrop.
LIBRA Case Judge Unseals Bank Records, While Milei Fails to Attend Civil Hearing
Argentine judge unseals bank records of President Milei and his sister in the LIBRA cryptocurrency fraud probe, while they miss a civil hearing. Assets of key figures are frozen amid $4.5M investor losses.
