The DeFi Education Fund and Texas-based apparel company Beba have initiated a lawsuit against the Securities and Exchange Commission (SEC). Brought in the U.S. District Court for the Western District of Texas, the complaint questions the manner the SEC has adopted in digital asset regulation, especially its view towards the classification of certain tokens as

https://coingape.com/beba-and-defi-education-fund-file-lawsuit-against-sec/

Digital asset investment products saw record weekly outflows totaling $942 million in the past week, this is according to CoinShares (Nasdaq Stockholm: CS). The report states that the outflows follow a record of seven weeks of inflows totaling $12.

https://www.crowdfundinsider.com/2024/03/223083-digital-asset-investment-products-see-record-weekly-outflows-totalling-942-million/

OKX exits India following FIU's non-compliance notice to foreign exchanges, affecting users and the local crypto landscape.

https://dailycoin.com/okx-exits-india-after-major-regulatory-crackdown-on-crypto/

Uzbekistan's NAPP introduces new fees for crypto market participants, aiming to double state revenue from the sector.

https://coinmarketcap.com/alexandria/article/uzbekistan-increases-fees-for-crypto-market-participants

A new filing with the United States Securities and Exchange Commission (SEC) shows that spot Bitcoin ETF issuer BlackRock has created a tokenized asset fund. The BlackRock Tokenization Fund The new fund, dubbed USD Institutional Digital Liquidity Fund, is a private equity offering designed in collaboration with Securitize, a top financial service provider.

https://coingape.com/blackrock-enters-the-tokenization-scene-with-securitize/

Genesis Global Capital, LLC has settled charges filed by the Securities and Exchange Commission (SEC) that emerged due to the Commission's claims that its Gemini Earn program involved the sales of securities.

https://www.crowdfundinsider.com/2024/03/222860-genesis-settles-with-the-sec-pays-penalty-of-21-million/

In a statement from U.S. Attorney Damian Williams and his team, the fallen FTX founder, Sam Bankman-Fried (SBF), faces a recommendation for up to half a century behind bars for his offenses. The prosecutors argue that SBF has a penchant for high-stake risk and “gambling repeatedly with other people's money.

https://news.bitcoin.com/prosecutors-demand-50-years-for-bankman-fried-citing-ftx-founders-repeated-gambles-with-other-peoples-money/

The settlement with FTX and Alameda Research is a key part of BlockFi's bankruptcy and reorganization plan.

https://www.coindesk.com/policy/2024/03/06/blockfi-settles-with-ftx-alameda-estates-for-8745m/

The team allegedly sold hundreds of millions of tokens into the market and then disappeared from social media.

https://cointelegraph.com/news/ordizk-bridge-vanishes-alleged-rug-pull-certik

Five NFTs, collectively called “The Convergence of Breath,” will go on sale Thursday as a part of the museum's “Code d'Orsay” exhibition.

https://decrypt.co/219574/musee-dorsay-reveals-nft-auctionhistoric-on-chain-exhibition

The exchange has halted user withdrawals, following significant withdrawal of funds from its hot wallets.

https://dailycoin.com/heres-why-bitforex-is-stirring-exit-scam-fears-among-users/

In a seismic development that reverberates throughout the cryptocurrency sphere, Binance, one of the world's largest digital asset exchanges, finds itself at the epicenter of a historic legal showdown. With a staggering $4.3 billion fine, Binance grapples with the fallout of the largest federal financial prosecution in history.

https://thecurrencyanalytics.com/altcoins/binances-landmark-settlement-navigating-the-4-3-billion-fine-and-its-ripple-effect-on-crypto-98368

According to the latest report, Binance Holdings Ltd. will pay one of the largest corporate penalties in United States history after a judge approved the company's plea agreement.

https://bitcoinist.com/us-judge-approve-binance-4-3-billion-plea-agreement/

Digital Currency Group has filed an objection to the New York Attorney General's settlement agreement with bankrupt crypto lender Genesis.

https://blockworks.co/news/dcg-objects-to-nyag-genesis-settlement

Republican Congressman Tom Emmer has questioned the U.S. Department of Treasury Undersecretary about erroneous terrorism and financial intelligence reporting.

https://cryptopotato.com/congressman-grills-treasury-on-incorrect-reporting-of-crypto-terror-financing/