How to Buy Trump Crypto Coin and Why It Might Be a Good Investment
How to Buy Trump Crypto Coin and Why It Might Be a Good Investment. In a bold move that merges politics with digital currency, former President Donald Trump has launched his own cryptocurrency: the $TRUMP meme coin. The coin, introduced shortly before his second inauguration, has quickly become a topic of conversation among both crypto […]
Latham & Watkins Advises on Core Scientific’s Increased US$550 Million Convertible Senior Notes Offering
Latham & Watkins Advises on Core Scientific’s Increased US$550 Million Convertible Senior Notes Offering. Core Scientific has announced the pricing of its upsized $550 million offering of 0.00% convertible senior notes due 2031. The offering, initially set at $500 million, will settle on December 5, 2024. The notes are senior, unsecured, and carry no regular […]
Court Rules OFAC Exceeded Authority in Sanctioning Tornado Cash Smart Contracts
Court Rules OFAC Exceeded Authority in Sanctioning Tornado Cash Smart Contracts. In August 2022, the U.S. Office of Foreign Assets Control (OFAC) imposed sanctions on Tornado Cash, a cryptocurrency mixing service, accusing it of laundering over $7 billion in digital currency since its creation in 2019. OFAC stated that Tornado Cash played a key role […]
US Supreme Court Poised to Allow Class-Action Lawsuit Against Nvidia Over Cryptocurrency Sales Misrepresentation
US Supreme Court Poised to Allow Class-Action Lawsuit Against Nvidia Over Cryptocurrency Sales Misrepresentation. The U.S. Supreme Court seems poised to allow a class-action lawsuit accusing Nvidia of misleading investors about its reliance on cryptocurrency mining for revenue. Filed in 2018 by a Swedish investment firm, the lawsuit claims Nvidia failed to disclose how significantly […]
Investors File Class-Action Lawsuit Against Caitlyn Jenner Over JENNER Meme Coin
Investors File Class-Action Lawsuit Against Caitlyn Jenner Over JENNER Meme Coin. A group of investors has filed a class-action lawsuit against Caitlyn Jenner, 75, alleging that her promotion of the JENNER meme coin constitutes the sale of an unregistered security, resulting in significant financial losses. The lawsuit, filed on November 13, 2024, in a federal […]
MicroStrategy Acquires $2.03 Billion in Bitcoin, Raising Holdings to $23 Billion
MicroStrategy Acquires $2.03 Billion in Bitcoin, Raising Holdings to $23 Billion. MicroStrategy Inc. has significantly expanded its Bitcoin holdings by acquiring approximately 27,200 BTC for $2.03 billion. This purchase, executed between October 31 and November 10, is part of the company’s ongoing strategy to incorporate cryptocurrency into its corporate assets. The acquisition, funded by proceeds […]
Bitcoin Surpasses $80,000 Amid Trump’s Victory and Pro-Crypto Agenda
Bitcoin Surpasses $80,000 Amid Donald Trump’s Victory and Pro-Crypto Agenda. The price of Bitcoin has hit a record high, surpassing $80,000 (£62,000) for the first time, following Donald Trump’s significant victory in the recent U.S. presidential election. This milestone comes as Republicans edge closer to securing full control of Congress, having already clinched the presidency […]
CoinShares Appoints Lisa Avellini as New Group General Counsel
CoinShares Appoints Lisa Avellini as New Group General Counsel. CoinShares, a leading cryptocurrency asset management firm, has announced the appointment of Lisa Avellini as its new Group General Counsel. Avellini succeeds Graeme Dickson, who departed the company in September to join the Algorand Foundation. Lisa Avellini brings over two decades of legal and regulatory experience […]
FTX Settles Legal Dispute with Bybit for $228 Million
FTX Settles Legal Dispute with Bybit for $228 Million. FTX has reached a $228 million settlement with Bybit and its investment branch, Mirana, allowing it to reclaim vital assets for its creditors. This settlement is particularly crucial as it includes approximately $175 million in digital assets and $53 million in BIT tokens, pending court approval. […]
What You Need to Know Before Starting a Cryptocurrency Business
The escalating global economic challenges, including the freezing of bank accounts in Canada and economic sanctions linked to the conflict in Ukraine, have pushed the cryptocurrency sector to the forefront.
SEC v. Ripple Labs, Inc.: Reshaping the Crypto Landscape – Triumphs, Challenges, and the Future of Cryptocurrency Regulation
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple, the pioneering force behind the XRP Ledger,…
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Sam Bankman-Fried Pleads not Guilty in FTX Fraud Case
On 3 January, FTX founder Sam Bankman-Fried pleaded not guilty to the theft of billions of dollars in customer funds entrusted to his cryptocurrency exchange.