Law and Order

In brief Senators Warren and Schiff urged the Office of Government Ethics to look into the Trump Dinner The letter cites risks of foreign payments through anonymous crypto investments to gain influence The TRUMP token has steadily ticked upwards since the dinner’s announcement Senators Elizabeth Warren (D-MA) and Adam Schiff (D-CA) demanded an ethics investigation […]

In brief Plaintiffs allege in the lawsuit that Nike’s marketing propped up unregistered securities tied to RTFKT NFTs. Investors claim they were blindsided when Nike pulled its support in December 2024. Lawsuit claims consumer protection violations and seeks damages for lost NFT values. The world’s largest sportswear brand, Nike, was sued on Friday with a

In brief Donald Trump is back in the White House as the 47th U.S. President, after running on a pro-crypto platform. But Trump hasn’t always taken this stance: He used to call Bitcoin a “scam” and said he wasn’t a fan. Trump has since launched his own Solana meme coin, multiple NFT collections, and a

Celsius Network founder Alex Mashinsky’s customers want him behind bars for life. More than 200 victim impact statements, many reviewed by Decrypt, have been submitted to U.S. District Judge John G. Koeltl ahead of Mashinsky’s May 8 sentencing, with the overwhelming majority demanding the severest possible punishment for the mastermind behind the failed crypto lender.

Alabama’s Securities Commission this week dropped its enforcement action against crypto exchange Coinbase for its staking program—an apparent sign that regulators are letting up on digital assets companies as the federal government continues its pro-crypto pivot under President Trump.  But Commissioner Amanda Senn told Decrypt the regulator is still as committed as ever to promoting

In brief Roger Ver paid Republican political operative Roger Stone $600,000 to lobby against the U.S. “exit tax” tied to his federal tax evasion charges. The DOJ alleged last year that Ver concealed crypto assets and failed to report $240 million in Bitcoin gains after renouncing U.S. citizenship. Ver’s case joins a growing list of

The Federal Reserve said Thursday evening it will no longer obligate member banks to provide advanced notice of crypto and stablecoin-related ventures, and will instead monitor engagement with digital assets like it would any other banking activities.  The announcement comes weeks after parallel moves by the FDIC and Office of the Comptroller of the Currency,

Long Island resident Eugene William Austin Jr. has been sentenced to 18 years in prison for his role in a $12 million crypto fraud scheme. Austin, who also went by the name “Hugh Austin,” was found guilty of conspiracy to commit wire fraud, conspiracy to commit money laundering, and conspiracy to commit interstate transportation of

In brief The session is the second in a four-part SEC roundtable series designed to address key regulatory issues in the crypto industry. Senior SEC officials, legal scholars, and executives from top crypto firms will participate in discussions on custody compliance. Industry participants have voiced concerns that existing SEC rules do not adequately reflect the