Law and Order

Rex Shares, Osprey Seek Movement ETF Approval as Ethereum Layer-2 Mainnet Launches

Rex Shares, Osprey Seek Movement ETF Approval as Ethereum Layer-2 Mainnet Launches

Fund issuers Rex Shares and Osprey Funds have submitted an application for an exchange-traded fund tracking the price of MOVE, according to a filing Monday with the Securities and Exchange Commission. The Rex-Osprey MOVE ETF would be the first focused on the native token of the Movement Network, an Ethereum layer-2 scaling network. “Breaking the […]

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Trump Plans to Sign Executive Order Ending Biden-Era Crypto Debanking

Trump Plans to Sign Executive Order Ending Biden-Era Crypto Debanking

President Donald Trump plans to sign another cryptocurrency-related executive order, possibly as soon as this week, that takes aim at anti-crypto policies of the Joe Biden administration that made it difficult for company companies to obtain banking services, sources familiar with the matter told Decrypt.  The order will likely seek to explicitly roll back the

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Utah Legislature Passes Blockchain Bill, Drops Bitcoin Reserve Provision

Utah Legislature Passes Blockchain Bill, Drops Bitcoin Reserve Provision

Utah lawmakers approved legislation late Friday, aimed at providing regulatory clarity but removed a pivotal provision that would have allowed the state to invest public funds directly into crypto. H.B. 230—Blockchain and Digital Innovation Amendments passed Utah’s Senate by a 19-7 vote after legislators amended it to eliminate language that would have authorized Utah’s state

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Aide to Former Georgian PM Flees Country Amid Bitcoin Embezzlement Case

Aide to Former Georgian PM Flees Country Amid Bitcoin Embezzlement Case

A court in Georgia has ordered the imprisonment of Mission Gate founder and venture capitalist George Bachiashvili, who is currently on trial for allegedly embezzling investment profits from former Georgian PM Bidzina Ivanishvili. Bachiashvili had previously been given bail of 2.5 million GEL ($900,000), but the Georgian Ministry of Internal Affairs reports that the investor

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Kraken Plots Public Offering After SEC Agrees to Drop Lawsuit: Bloomberg

Kraken Plots Public Offering After SEC Agrees to Drop Lawsuit: Bloomberg

As U.S. regulators take a more favorable stance toward cryptocurrency, Bloomberg reports that Kraken’s parent company, Payward Inc., is preparing to launch an initial public offering in 2026. If successful, the San Francisco-based exchange would become only the second publicly traded U.S. cryptocurrency exchange after Coinbase, which went public in April 2021. A Kraken spokesperson

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FBI Puts M Bounty on Ex-Olympian Who Allegedly Laundered Drug Money With Tether

FBI Puts $10M Bounty on Ex-Olympian Who Allegedly Laundered Drug Money With Tether

U.S authorities have slapped a $10 million bounty for the capture of Ryan Wedding, a former Canadian Olympic snowboarder, who faces serious allegations of running a transnational cocaine empire.  The Federal Bureau of Investigation (FBI) announced on Thursday that the Canadian is now added to the Ten Most Wanted Fugitives list in a desperate bid

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New Hampshire Bitcoin Reserve Bill Passes House Committee in Landslide Vote

New Hampshire Bitcoin Reserve Bill Passes House Committee in Landslide Vote

New Hampshire has become the latest U.S. state to push forward a Bitcoin reserve bill, joining the growing trend of integrating the digital asset into state finances. On Wednesday, the state’s House Commerce and Consumer Affairs Committee passed House Bill 302 by a resounding 16-1 vote.  The bill, which would allow the state treasurer to

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Brother of Australian Olympic Breakdancer ‘Raygun’ Charged With Crypto Fraud

Brother of Australian Olympic Breakdancer ‘Raygun’ Charged With Crypto Fraud

Australian Olympic breakdancer Rachel “Raygun” Gunn was previously best known for hopping like a kangaroo at the 2024 Olympics. But now her name is being linked with her brother, Brendan Gunn, who stands accused of committing crypto fraud. The Australian finance regulator says Brendan Gunn was charged with one count of dealing with money that

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Former Girlfriend of LA ‘Godfather’ Agrees to Plead Guilty Over .6M Tax Fraud

Former Girlfriend of LA ‘Godfather’ Agrees to Plead Guilty Over $2.6M Tax Fraud

Iris Ramaya Au, the ex-girlfriend of crypto entrepreneur Adam Iza, who went by the alias “The Godfather,” has agreed to plead guilty to federal tax charges.  In a plea filed Tuesday, Au, 35, admitted to failing to report over $2.6 million in “ill-gotten gains” derived from her ex-boyfriend’s sprawling criminal operations.  Au now faces up

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SEC Offers K in Buyouts for Resigning, Retiring Employees: Bloomberg

SEC Offers $50K in Buyouts for Resigning, Retiring Employees: Bloomberg

The U.S. Securities and Exchange Commission is extending an offer of $50,000 to eligible employees who depart the agency by April 4, Bloomberg reported Monday. The announcement reflects the Trump Administration’s efforts to overhaul the SEC as part of sweeping changes to the Federal government. The SEC, which had pursued multiple enforcement actions against crypto

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