US judge allows lawsuit claiming NBA Top Shot NFTs are securities
NEW YORK, Feb 22 (Reuters) – The creator of a marketplace for National Basketball Association Top Shot non-fungible tokens must face a lawsuit claiming the tokens...
Tagged: REUTERS-LEGAL
The trade group argues that the US SEC case unfairly labels cryptos as securities
Feb 22 (Reuters) – Cryptocurrency industry association the Chamber of Digital Commerce is urging a federal court to dismiss a case brought by the U.S. Securities...
EU lawmakers to vote on tighter crypto, ESG rules for banks
Lawmakers to vote on tougher shadow banking rules Legislators seek to link ESG with bonuses Lawmakers are seeking to adapt to global rules for crypto LONDON,...
Crypto lending unit of Genesis files for US bankruptcy
Jan 20 (Reuters) – The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion after being...
Crypto startup MoonPay hires chief legal officer from Blockchain.com
Summary Companies Law firms Lindsey Haswell is the company’s first in-house legal hire Haswell was previously at Blockchain.com, Lime, Uber (Reuters) – Cryptocurrency payments startup MoonPay...
FTX bankruptcy judge rejects demands for new investigation into crypto exchange collapse
Feb 15 (Reuters) – A U.S. bankruptcy judge on Wednesday rejected calls for a new, independent investigation into FTX’s collapse, saying it would be redundant to...
US securities regulator investigates investment advisers over crypto custodian sources
NEW YORK, Jan 26 (Reuters) – The U.S. Securities and Exchange Commission is investigating registered investment advisers over compliance with rules surrounding custody of clients’ crypto...
New York’s financial regulator is targeting companies that mix crypto funds
Jan 23 (Reuters) – New York’s financial regulator will on Monday issue new guidance dictating that companies separate clients’ crypto assets from their own, after alleged...
Crypto hacks stole record $3.8 billion in 2022, led by North Korea groups – report
SEOUL, Feb 1 (Reuters) – Last year was the worst on record for cryptocurrency heists, with hackers stealing as much as $3.8 billion, led by attackers...
Cryptocrime will reach a record $20 billion in 2022, the report says
LONDON, Jan 12 (Reuters) – Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by U.S. sanctions soared, data...