Judge slams brakes on Binance case — sees major legal hole
SEC’s attempt to rein controlled crypto world fell flat Monday when U.S. District Judge Amy Berman Jackson handed down an order stopping the regulator’s case dead in its tracks for at<|eos|>
SEC Overreach Smacked Down: CFTC Can’t Claw Back Profits The Seventh Circuit just gutted the CFTC’s power grab in a long-running fight with the Conway Family Trust, ruling the agency can’t force disgorgement of gains from a settled case without proving actual harm. This 2016 appeal, revived through twists, hands a rare win to traders…
SEC Slapped Down: CFTC Wins Trust Fight, Boosts Commodity Oversight The Seventh Circuit just handed the Commodity Futures Trading Commission (CFTC) a major victory, upholding fines against the Conway Family Trust for trading violations in a case that’s been dragging since 2016. The trust, run by Michael and Phyllis Conway, got nailed for wash sales…
MEXC Installs New CEO and Eyes MiCA License MEXC has named Vugar Usi as its new chief executive and announced a dual push: zero-fee trading and a formal application for a MiCA license in the European Union. The moves come as the exchange battles for relevance against bigger, better-regulated platforms. Usi’s appointment signals a shift…
Bitcoin’s Quantum Clock Starts Ticking, Bernstein Warns Analysts at Bernstein have put a hard timeline on Bitcoin’s next major security challenge: the rise of quantum computers powerful enough to crack private keys. The firm estimates the network has three to five years before this threat becomes practical, yet insists the risk is narrow and manageable…
Esports Team Ninjas in Pyjamas Mines $14 Million in Bitcoin as Operation Expands NIP Group Inc., the publicly traded parent company of the esports team Ninjas in Pyjamas, said Thursday that it mined approximately 151.4 Bitcoin during its first three months of Bitcoin mining operations, spanning September through November. The company valued that production at…
Bitcoin Bulls Hold the Line at $72K as Sellers Push Back Bitcoin is knocking on the door of $72,000 again, but sellers are refusing to hand over the keys. After a short relief rally, price action is stalling right at the level that has capped every attempt higher since March. The question now is whether…
