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SEC Distributes $4.6M to BitClave Investors

Some investors in defunct crypto startup BitClave will soon get their money back, plus interest, according to a Wednesday announcement from the U.S. Securities and Exchange Commission (SEC).

2024-11-20 21:35:56

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WEEKLY RECAP: 'Trump trade,' US inflation and Bitcoin

This week saw the aftermath of Donald Trump's US presidential election victory significantly influencing financial markets, sparking the "Trump trade" phenomenon. This period is marked by heightened o...

2024-11-16 14:14:13

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Tornado Cash Case: Appeals Court Says Treasury OFAC 'Overstepped' Authority In Sanctions Move

A U.S. Appeals Court has ruled that Tornado Cash can't be blocked in the country and the Treasury Department's OFAC committed overreach when it sanctioned the crypto mixing tool.

2024-11-27 07:27:38

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Drake lawsuits blame Big Tech for the L he took from Kendrick Lamar’s lyrical beatdown

In a petition filed Monday, rapper Drake launched a legal attack against record label Universal Music Group, and Spotify, which he accuses of harming him by allegedly boosting Lamar’s song “They Not Like Us,” a scathing diss track aimed at Drake and his assoc…

2024-11-26 22:32:31

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Bitcoin Privacy At Risk? Could CARF Regulations Signal ChokePoint 3.0?

The Organization for Economic Co-operation and Development recently introduced the Cryptoasset Reporting Framework, a regulatory approach some call CRS 2.0. This could signal the arrival of ChokePoint 3.0, as its extensive reporting requirements will expand g…

2024-11-25 09:07:47

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A Fourth FTX Executive Sentenced: Forfeits $11 Billion, But No Prison Time

Former FTX executive Nishad Singh was ordered to forfeit $11 billion, reports CNBC — and is subject to three years of supervised release, making him "the fourth ex-employee of the collapsed crypto exchange to be punished." But while he'd faced a maximum sen…

2024-11-02 20:44:00

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