The US federal court ruling has pushed the risk even higher that Nevada regulators could look for halting prediction-market trading in the state after a judge sent a contest comprising Polymarket’s parent company, Blockratize, back to state court. A federal judge declined arguments that US regulation under the Commodity Exchange
A U.S. federal court ordered Paxful Holdings Inc. to pay a $4 million criminal fine for its past unlawful operations involving a cryptocurrency exchange platform. The U.S. Justice Department stated that Paxful, a peer-to-peer exchange for Bitcoin, allowed users to conduct illicit transactions for prostitution, fraud schemes, and money laundering.
Sam Bankman-Fried has filed a motion seeking a retrial in his ongoing fraud and bankruptcy case against him in a New York federal court. Bankman-Fried filed the motion on February 5, 2026, wherein it was claimed that the bankruptcy was filed improperly due to other lawyers’ intervention. In the motion
Citibank has been sued by a victim of a romance scam on federal grounds, alleging that the bank did not take any measures to stop a huge romance scam. Michael Zidell accuses Citibank of overlooking the red flags as it sent close to $4 million in suspicious transfers to the
Coinbase is challenging a lawsuit filed by Oregon’s Attorney General, arguing that the state is overstepping its authority by attempting to regulate digital assets territory the company believes should be governed by federal agencies. In a new legal move, Coinbase has filed to move the case to federal court, accusing
The Australian Securities and Investment Commission (ASIC) is looking for special leave from the High Court to appeal a ruling in favor of Block Earner, boosting the status of virtual asset yield products. The ASIC is requesting the High Court to shed light on how interest-earning and asset conversion products
Block Earner, an Australia-based FinTech company, has secured a victory as the Federal Court of Australia reversed a decision that the platform needs an Australian financial services license (AFSL) to offer its crypto-linked “Earner” product. The Australian Securities and Investment Commission announced on April 22 that the recent judgment reversed
