Sam Bankman-Fried will find out this week if he is potentially facing decades in prison. Judge Lewis Kaplan is set to sentence him for his conviction last year on two fraud charges and five conspiracy charges t...ied to the operation and collapse of FTX.

https://www.coindesk.com/policy/2024/03/27/how-sam-bankman-frieds-sentencing-hearing-may-play-out/Show more >

KuCoin users rush to withraw their assets in response to criminal charges from the U.S. DOJ.

https://dailycoin.com/kucoin-faces-withdrawal-panic-as-doj-files-criminal-charges/

FTX's slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CN...BC citing unnamed sources.

https://www.coindesk.com/policy/2024/03/22/bankers-are-lining-up-buyers-for-ftxs-8-stake-in-ai-startup-anthropic-report/Show more >

Rohit Wad, the chief technology officer (CTO) of Binance said his platform has increased its compliance budget in recent years to ensure it achieves the “highest regulatory compliance standard.

https://n...ews.bitcoin.com/crypto-entities-that-neglect-ai-and-machine-learning-investment-will-lag-behind-warns-binance-cto/Show more >

The SEC acted in bad faith in its conduct in a case it brought against crypto startup DEBT Box, a federal judge ruled on Monday.

https://www.theblock.co/post/283229/utah-judge-denies-secs-motion-to-dismi...ss-debt-box-case-imposes-sanctionsShow more >

Amid ongoing fraud and scam allegations, Hong Kong's SFC renews public caution over the MEXC crypto exchange.

https://dailycoin.com/why-mexc-faces-yet-more-controversy-this-time-in-hong-kong/

Nigeria is reportedly planning to further extend the detention of Binance executives. As reported by Reuters, Nigerian authorities have requested an Abuja court to prolong the detention of key Binance executive...s who are allegedly now part of the nation's wide-ranging cryptocurrency crackdown.

https://www.crowdfundinsider.com/2024/03/222703-nigerian-authorities-seeking-to-extend-detention-of-binance-execs/Show more >

Coinbase, in an ongoing legal tussle with the Securities and Exchange Commission (SEC), has expressed its opposition to the SEC's attempt to use a default judgment from a separate insider trading case to streng...then its lawsuit against the exchange. The SEC had indicated its desire to inform the court of a default judgment that deemed

https://coingape.com/coinbase-fights-sec-use-of-default-judgment-in-ongoing-lawsuit/Show more >

The legal battle between San Fransisco-based cryptocurrency exchange Kraken and the United States Securities and Exchange Commission (SEC) has taken an unexpected turn as the crypto platform garners support fro...m eight states in the US, putting it one step ahead of the regulatory watchdog.

https://bitcoinist.com/8-states-stand-with-kraken-against-us-sec/Show more >

The House Financial Services Committee has opposed the proposed Securities and the Exchange Commission(SEC) Staff Accounting Bulletin 121(SAB 121), a regulation that has become a heated ‘bone of contention' bet...ween the financial and cryptocurrency groups. Consequently, the committee's vote to advance a resolution disapproving of SAB 121 marks a significant step towards altering the landscape

https://coingape.com/house-committee-moves-to-overturn-sec-crypto-custody-rule/Show more >

Gemini said that 97% of the assets should be recoverable within two months and the remaining asset balance within the next 12 months.

https://cointelegraph.com/news/gemini-refund-earn-customers-in-settle...ment-new-york-financial-regulatorShow more >

HashKey, the operator of one of Hong Kong's licensed crypto exchanges, secured an in-principle approval from Singapore's leading financial regulator, the Monetary Authority of Singapore (MAS), for a Major Payme...nt Institution (MPI) license via its over-the-counter trading arm, Hashkey OTC, according to a Feb. 28 statement shared with CryptoSlate.

https://cryptoslate.com/singapore-grants-hashkey-otc-in-principle-approval-for-major-payment-institution-license/Show more >

Balance, Canada's digital asset custodian, is pleased to announce that it has once again surpassed $2B worth of assets under custody (AUC).

https://www.crowdfundinsider.com/2024/02/221929-balance-canadas...-digital-asset-custodian-reportedly-surpasses-2b-of-assets-under-custody/Show more >

In a groundbreaking turn of events, Binance, one of the world's largest cryptocurrency exchanges, has come to terms with U.S. authorities in a monumental $4.3 billion plea deal. The agreement, which stems from ...alleged violations of sanctions and anti-money laundering laws, marks a significant chapter in the evolving landscape of digital finance.

https://thecurrencyanalytics.com/bitcoin/binance-resolves-4-3-billion-case-with-u-s-prosecutors-what-you-need-to-know-98978Show more >

The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets.

https://www.coindesk.com/policy/2024/02/22/south-africa-to-start-work-on-stablecoin-regime-...will-start-by-considering-use-cases/Show more >