Gambaryan’s lawyer requested an adjournment for the NSA and EFCC to respond, which was granted by the judge, who postponed the case to April 8.
Law News
Law is a fundamental system of rules and regulations established by a society to govern behavior and ensure justice. In the context of cryptocurrencies, the legal landscape is intricate and continuously evolving. Cryptocurrency laws encompass regulations related to digital assets, blockchain technology and decentralized finance (DeFi).
Recent years have seen significant developments in crypto law, with governments worldwide working to establish clear guidelines for the industry. These regulations cover taxation, security regulations and Anti-Money Laundering measures. Compliance with these laws is essential for businesses and individuals operating in the crypto space, ensuring legitimacy and investor confidence.
Crypto law news plays a pivotal role in keeping stakeholders informed about changing regulations and their impact on the market. As the crypto industry matures, staying updated with the latest legal developments is crucial for navigating this innovative and complex sector.
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Judge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds.
16817Logan Paul said that it was not a scam but a project he was simply “incapable of handling at the time.”
9345According to the order, the assets allegedly are the proceeds of criminal activities linked to Michael Patryn, a co-founder of Quadriga Coin Exchange, and Gerald Cotten.
6814More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence.
6677Lawyers for FTX say that customer claims for four SBF-linked cryptocurrencies: MAPS, OXY, SERUM, and BOBA should be heavily discounted or reduced to zero.
13180The SEC’s filing on a proposed $1.95 billion in fines and penalties for Ripple suggested the firm needed an incentive to stop violating laws beyond “just the cost of doing business.”
7604KuCoin founders Chun Gan and Ke Tang remain at large, according to DOJ officials, who unsealed an indictment against the exchange on March 26.
15075Terraform Labs co-founder Do Kwon remained in Montenegro as the SEC trial kicked off in New York on March 25.
12142The decision to release Kwon reportedly came from the Council of the Supreme Court, which is set to review a decision that could grant or deny extradition to his native South Korea.
11232The European Union's new Anti-Money Laundering laws limit cash and some crypto transactions but proposed noncustodial wallet limits didn't make the final cut.
69453Prosecutors purportedly plan to confiscate the Terraform Labs co-founder’s South Korean passport, though he allegedly used a forged Costa Rican passport in Montenegro in 2023.
3114Do Kwon faces fraud charges in the United States and South Korea as authorities compete to extradite the Terraform Labs co-founder.
1264A Kenyan government minister said the country has encountered pressure from the U.S. government to lift its suspension on Worldcoin’s activities.
2158A federal judge struck down Silvergate’s dismissal bid of a lawsuit claiming it aided fraud at FTX, saying the allegations were adequate to proceed.
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