Law News

Jian Wen, a 42-year-old British-Chinese woman, has been handed a sentence of six years and eight months in prison for her involvement in a 61,000 Bitcoins (BTC) money laundering scheme valued at around $4 billion.

Lawyer Bill Morgan is joining CryptoLaw founder John Deaton and Ripple's chief legal officer Stuart Alderoty in criticizing the SEC over crypto-related cases.

Crypto attorney John Deaton has offered insights into the ongoing Securities and Exchange Commission (SEC) vs. Ripple lawsuit, suggesting a favorable outcome for the latter.

In Sam Bankman-Fried's criminal trial this week, a fresh set of documents revealed how the disgraced FTX founder and his associates indulged in extravagant spending on investments, donations, and real estate, even in the months leading up to the collapse of the crypto exchange. 

Senator Cynthia Lummis of Wyoming filed a brief supporting Coinbase’s request to dismiss a case against it by the U.S. Securities and Exchange Commission (SEC). Lummis, a Republican, reiterated her support of the crypto industry by submitting an amicus brief…

Ethereum developer Virgil Griffith, currently serving a five-year prison sentence, has been issued a 10-year export privilege bar by the Department of Commerce, rendering him ineligible for export privileges until April 12, 2032. The export privilege bar comes as a…

Montenegro's prosecutors have served an indictment proposal for Terraform Rams CEO Hong Chang-joon and Kwon Do-hyeong for forging official travel documents. 

New FTX CEO John Ray III had a profitable February, with a payday of $305,000 according to new documents released to the public.

U.S. lawmakers are pushing for the reintroduction of the bill responsible for reforming how digital assets are evaluated for tax purposes.

The Department of Financial Protection and Innovation (DFPI) in California has joined the bandwagon with other state regulators in cracking down on cryptocurrency organizations that violate security laws. These companies allegedly give out counterfeit schemes and services to investors.  11…

The UK introduced in Parliament a new bill to make it simpler for law enforcement agencies to seize, freeze, and recover cryptocurrency when it is used for criminal acts, such as money laundering, drug trafficking, and cybercrime. The 250-Page Bill…

Nepal is amending its policy in a move that will empower its central bank to create and issue digital currencies.

A recent document indicates the UK government has rejected the controversial crypto data collection policy, which the EU parliament recently passed. The UK treasury consulted various parties and decided to protect investors’ privacy.  The UK Won’t Track Crypto Data from…

Pintu, an Indonesian crypto exchange, in collaboration with Intundo Ventures, Lightspeed Ventures, and Pantera Capital, recently raised $113 million in a Series B funding round. The newly raised funds will help improve functionality by introducing new features, tokens, and blockchain…

Recently, Panama president Laurentino Cortizo announced that he would not sign a new crypto-friendly bill passed by the parliament last month. According to reports, the President wants to ensure that cryptocurrencies will also adhere to internationally accepted AML standards.   The…

Investors can trade Bitcoin, Tether, Eth, and other digital assets on about 600 crypto exchanges available worldwide. As the importance of digital currencies increases, so do the rules and regulations put in place to govern them around the world. Companies…