The United Kingdom has targeted crypto-related platforms Cryptomus and TokenSpot as part of a new sanctions package focused on Russia.
The move places both entities within the scope of the UK’s Russia-related sanctions framework. However, no further details about the specific measures or the allegations behind the designations were provided.
CFTC LOSES IN LANDMARK KITCHEN RULING The D.C. Circuit just handed the CFTC a stinging defeat, ruling that the agency exceeded its authority when it fined Trevor Kitchen for trading crypto futures without registering as a futures commission merchant. The decision, released June 5, 2026, signals the first clear judicial brake on the Commission’s post-FTX…
COURT SLAPS DOWN DELAWARE SUIT OVER ALLEGED COIN FRAUD Delaware’s Superior Court tossed a lawsuit brought by Diamond Fortress Technologies and its founder Charles Hatcher II, ruling that the crypto-related claims cannot proceed in the state’s business court. The decision narrows the window for plaintiffs to weaponize Delaware’s corporate-friendly venue against digital-asset ventures and signals…
Bank of England Rejects Farage Influence Over Crypto Policy Bank of England Governor Andrew Bailey reportedly said the central bank’s policy remained independent after meeting Nigel Farage to discuss cryptocurrency. The comments matter because political pressure around digital assets and central bank digital currencies is intensifying. The meeting reportedly included discussions about crypto, bringing fresh…
**CFTC WINS KEY RULING ON FOOD GIANT’S TRADING DATA** The Seventh Circuit has ordered Kraft and Mondelēz to hand over internal trading records to the Commodity Futures Trading Commission, ending a two-year battle over how much information the regulator can demand from commodity-market participants. The decision strengthens the CFTC’s hand in enforcement actions that could…
Court Slams Delaware Company Over Crypto Token Sale Delaware Superior Court just handed down a verdict that could reshape how token issuers and investors approach crypto fundraising in the state. The ruling finds that Diamond Fortress Technologies Inc. and its founder Charles Hatcher II breached their fiduciary duties when they sold crypto tokens to a…
Morning Minute: Robinhood CEO Says Crypto Contracts Are Overtaking Sports in Prediction Markets Robinhood CEO Vlad Tenev says cryptocurrency-linked event contracts are rapidly becoming the main driver of activity in the company’s prediction markets, and he expects sports contracts to shrink to a minority share within the next few years. Tenev made the comments in…
