Circle lawsuit seeks $1M refund for USDC lost by pharma CEO protos.com 3 h A pharmaceutical firm is suing stablecoin provider Circle and demanding a refund after its CEO “accidentally destroyed” $1 million worth of USDC by sending it to the wrong wallet address. CelaCare filed the lawsuit in a Massachusetts district court this…
US demands Nigeria to release Binance executive as health worsens cryptobriefing.com 34 m The US government is urging Nigeria to release an employee of the world’s largest crypto exchange Binance who was arrested in February and has faced worsening health conditions in prison, according to two US State Department officials. US Secretary of State…
NYSBA Says XRP Ruling Weakens SEC Wild West Claim thecryptobasic.com 6 h The New York State Bar Association (NYSBA) comments on the SEC v. Ripple’s ruling on XRP, highlighting its potential implication on the broader crypto industry. The association provided insight into the summary judgment decision of the Ripple ruling in a “House of…
U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown coindesk.com 6 h Thursday could be a pivotal day for political prediction markets, a former niche industry that’s seen explosive growth in this U.S. election year. At 10:30 a.m. Eastern time (14:30 UTC), Judge Jia M. Cobb of the U.S. District Court for…
Court Sentences Missouri Man to 3 Years in Prison for Crypto and Tax Fraud news.bitcoin.com 5 h Missouri resident Lyell Champagne Jr. has been sentenced to three years in federal prison for fraud and tax offenses involving cryptocurrency. He and his accomplice attempted to steal funds by accessing victims’ bank accounts and filing false…
UK Introduces Bill to Clarify Crypto's Legal Status coindesk.com + 15 more 24 h The bill introduces a new personal property category of “thing” that will apply to certain digital assets. Once enacted, it will help the legal profession determine ownership in disputes such as divorce and provide protection to crypto owners subject to…
CFTC Forms Alliances to Address Crypto "Pig Butchering" Scams financemagnates.com + 4 more 17 h Commodity Futures Trading Commission (CFTC) has formed partnerships with several organizations to raise awareness about cryptocurrency relationship investment scams dubbed “pig butchering.” The regulator’s Office of Customer Outreach and Education (OCEO) is spearheading this initiative to educate and protect…
