SEC Sues Texas Man For $12.3 Million Crypto Asset Fraud – Details

The US Securities and Exchange Commission (SEC) is pressing charges against Nathan Fuller, a Texas resident, for running a multi-million dollar crypto investment fraud scheme. The case, filed at the US Southern District of Texas, seeks several penalties against the defendant for allegedly defrauding 150 victims. In a press release on May 28, the SEC […]

Strategy’s Bitcoin Treasury Model Compared To Falling Dominoes By Peter Schiff

Strategy can cover its debt and preferred dividends even if Bitcoin drops to $8,000 — down from current levels around $73,000 — a claim the company makes as gold advocate Peter Schiff steps up his warnings about its business model. Related Reading: Crypto Card Payments Explode As Transaction Volume Nears $8 Billion A Model Built […]

CFTC Clears The Way For Regulated Crypto, Bitcoin Perpetuals—Kalshi Moves Next

The US Commodity Futures Trading Commission (CFTC) announced Friday that it is allowing CFTC-registered exchanges to list a perpetual contract tied to the market’s leading crypto, Bitcoin (BTC).  CFTC Ramps Up Crypto Perpetual Access In its announcement, the CFTC said the move creates a clearer path for liquid Bitcoin perpetual products to operate within US […]

June Deadline Looms For Crypto Firms—France Warns Of Blacklists And Lawsuits

France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday.  Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union for the issuance, trading, and custody of digital assets, and the regulator says […]

Ripple CEO Says Voters, Trump Defeated The ‘Anti-Crypto Army’

After years of regulatory pressure, Ripple’s CEO has affirmed that US President Donald Trump and voters have beaten the last administration’s broader, “nonsensical crackdown on the crypto industry.” Related Reading: Mastercard Secures NYDFS BitLicense To Advance Stablecoin, Tokenized-Deposit Strategy US Anti-Crypto Era Is Over? On Thursday, Ripple CEO Brad Garlinghouse criticized the previous US administration’s […]

Kalshi Sues Minnesota Over New Law Blocking Prediction Markets

Kalshi has ramped up its battle over prediction markets by filing a lawsuit against the state of Minnesota. The lawsuit challenges a recently passed law that would restrict most prediction market activity and impose criminal penalties on certain event-based contracts.  Kalshi And Minnesota Clash At the core of Kalshi’s lawsuit is its jurisdiction argument. The […]

CFTC Reexamines Gemini Case And Asks To Erase 2025 Settlement

On Wednesday evening, the US Commodity Futures Trading Commission (CFTC) announced it had joined Gemini (GEMI) in requesting that the court grant relief from the judgment in the regulator’s case against the exchange, filed back in 2022.  The CFTC said it carried out a thorough reexamination of the matter, looking back at the investigation’s history, […]