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CFTC charges residents of Florida, Louisiana, Arkansas for crypto fraud

The regulatory body asserts that the defendants managed to entice over 14,000 individuals by creating false weekly returns. Source: https://cointelegraph.com/rss CFTC charges residents of Florida, Louisiana, Arkansas for crypto fraud

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Sony and other music labels sue Internet Archive for digitizing old records

The Internet Archive is facing another lawsuit over one of its conservation projects. Sony Music Entertainment, Universal Music Group and a handful of other music labels have filed a lawsuit against the nonprofit organization, accusing it of copyright infringement for digitizing, "willfully upload[ing], distribut[ing] and digitally transmitt[ing]" pre-1972 sound recordings. In particular, the labels are […]

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Senator Lummis files Amicus Brief supporting Coinbase's dismissal motion against SEC

Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. Source: https://cointelegraph.com/rss Senator Lummis files Amicus Brief supporting Coinbase's dismissal motion against SEC

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3AC co-founder avoids contempt charges following evidence of Singaporean citizenship

Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court’s jurisdiction. Source: https://cointelegraph.com/rss 3AC co-founder avoids contempt charges following evidence of Singaporean citizenship

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Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase's L2

This week’s Crypto Biz explores PayPal’s stablecoin, Coinbase’s new layer 2 network, Bitstamp’s fundraising and the growing popularity of crypto bots on Telegram. Source: https://cointelegraph.com/rss Crypto Biz: PayPal’s stablecoin goes live, Bitstamp seeks capital, and Coinbase's L2