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Stanford Blockchain Club Challenges DOJ’s Tornado Cash Case

Stanford Blockchain Club Challenges DOJ’s Tornado Cash CaseThe Stanford Blockchain Club, a prominent group at Stanford University, has voiced significant worries about the U.S. government’s legal pursuit of Tornado Cash developers, Roman Storm and Roman Semenov, using old-school federal money transmission laws. Legal Overreach? Stanford Group Critiques Tornado Cash Indictments In their in-depth analysis, “Tornado Cash and the Boundaries of Money Transmission,” […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

WBTC Delisting Sparks Skirmish Between Justin Sun and Coinbase Executive

WBTC Delisting Sparks Skirmish Between Justin Sun and Coinbase ExecutiveThe upcoming delisting of Wrapped BTC (WBTC) from the Coinbase platform and the legal battle between the exchange and Bit Global have sparked a series of social media skirmishes between Bit Global-linked Justin Sun and Coinbase CLO Paul Grewal. Justin Sun and Coinbase CLO Paul Grewal Discuss WBTC Delisting on Social Media The recent lawsuit […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Kraken Slammed With $5.1 Million Fine for Regulatory Breach in Australia

Kraken Slammed With .1 Million Fine for Regulatory Breach in AustraliaAn Australian court fined Kraken $5.1 million AUD for offering a margin lending product to Australian customers without proper regulatory approval. Unlawful Credit Facility An Australian court has fined the digital asset exchange platform Kraken $5.1 million Australian dollars (AUD) for “unlawfully issuing a credit facility to more than 1,100 Australian customers.” The penalty concludes […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Atkins and Sacks: Pioneers of Crypto Regulation?

Atkins and Sacks: Pioneers of Crypto Regulation?Following Gary Gensler’s resignation, Paul Atkins was nominated to take over as the new Chairman of the SEC—the approval of which would mark his return to the Commission after a 17-year hiatus and could mark a drastic change for the crypto industry and digital assets. The following opinion editorial was written by Alex Forehand and […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

Bitcoin Millionaire Faces Prison: The Price of Hiding  Million in GainsAn early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing a tax […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Bit Global Files $1 Billion Lawsuit Against Coinbase Over WBTC Delisting

Bit Global Files  Billion Lawsuit Against Coinbase Over WBTC DelistingBit Global has filed a $1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting its dominant position in the market to favor its own product, cbBTC. […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

SEC Crypto Litigation Releases: November 2024

SEC Crypto Litigation Releases: November 2024In November, the SEC published just one crypto-related litigation release, alleging a $115 million securities fraud scheme against Eng Taing and his company, Touzi Capital, LLC. According to the Complaint, Taing promised investors the chance to fund cutting-edge crypto mining operations and debt rehabilitation businesses, portraying these investments as stable and highly profitable. The following […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Court Filing: Bitcoin Advocate Roger Ver Argues Government Overreach in Tax Case, Seeks Dismissal 

Court Filing: Bitcoin Advocate Roger Ver Argues Government Overreach in Tax Case, Seeks Dismissal Roger Ver, a prominent figure in the cryptocurrency world known as “Bitcoin Jesus,” has filed a motion to dismiss an eight-count U.S. tax indictment, claiming unconstitutional government overreach and misuse of evidence. Roger Ver Seeks Dismissal of U.S. Tax Indictment Roger Ver, 45, was arrested earlier this year in Barcelona following an indictment alleging that […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Will a New Chair Listen?: Peirce Urges SEC to Embrace Crypto

Will a New Chair Listen?: Peirce Urges SEC to Embrace CryptoIn early November, SEC Commissioner Hester Pierce delivered a fierce speech emblematic of her pro-crypto stance, offering a critique of her agency’s hostile treatment of digital assets and other innovative financial technologies in the United States. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Hester Peirce Calls for Clarity […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2

Judges Panel Reverses Treasury Ruling: Tornado Cash Back in Legal Spotlight

Judges Panel Reverses Treasury Ruling: Tornado Cash Back in Legal SpotlightThe U.S. Court of Appeals for the Fifth Circuit has overturned a lower court’s decision upholding sanctions against Tornado Cash, a decentralized cryptocurrency mixer. This decision reignites debate over privacy and regulatory limits in the cryptocurrency sector. Treasury’s Authority Challenged: Appeals Court Stirs Tornado Cash Controversy In 2022, under the U.S. Treasury Department, the Office […]

Crypto Fees Ride Low: Onchain Bitcoin and Ethereum Costs Dip Below $2