Law and Order

In brief Feds last year shut down the Bitcoin mixing service, Samourai Wallet, with the developers arrested. The defendants are now arguing that the case should be dismissed—and have backing from crypto advocacy groups. A judge this week declined to admit amicus curiae briefs from the groups. Two crypto advocacy groups, whose amicus curiae briefs […]

In brief OpenAI has publicly responded to a May judge order for it to retain all user chats, including deleted ones. The ChatGPT maker says the move undermines privacy and isn’t relevant to the lawsuit. The New York Times suit alleges OpenAI illegally used copyrighted content for training OpenAI is contesting a federal court order

In brief U.S. authorities seized 145 domains and crypto linked to BidenCash, a marketplace that sold over 15 million stolen credit cards and generated $17 million in revenue. BidenCash promoted itself by leaking millions of card records for free, using data dumps to attract cybercriminals. The takedown follows global efforts like Operation RapTor, which recently

In brief A 24-year old French-Moroccan national was arrested and is alleged to be a mastermind of recent kidnappings. Badiss Mohamed Amide Bajjou was subject to an Interpol Red Notice for kidnapping and extortion. Wrench attacks are occurring worldwide, with reported incidents outpacing the number from 2024. A 24-year old French-Moroccan national alleged to be

In brief MoonPay was granted a BitLicense and money transmitter license in New York. The firm says it can now operate coast-to-coast in the United States without coverage gaps. New York City’s “Bitcoin Mayor” Eric Adams recently suggested ending the BitLicense. Crypto payments company MoonPay has been granted its BitLicense and money transmitter license from

In brief Lee Jae-myung won South Korea’s snap election after former president’s impeachment over martial law. He pledged to legalize Bitcoin ETFs and launch won-pegged stablecoin to curb capital flight. The inauguration is set for July 17, with Lee promising for AI and semiconductor investments and shorter work week. A country shaken by martial law

In brief A Czech justice minister has resigned last week after accepting a $45 million Bitcoin donation from a convicted drug trafficker. The opposition ANO party has called for a no-confidence vote in the government, citing its failure to vet the funds. The scandal comes months ahead of national elections, with polls showing ANO leading

In brief SEC Chair Paul Atkins said Tuesday the agency will prioritize “clear rules of the road” for crypto. He testified that investor protection and innovation require regulatory clarity. But some lawmakers are pushing for the CLARITY Act to shift oversight away from the SEC. U.S. Securities and Exchange Commission Chair Paul Atkins is continuing

In brief AUSTRAC revoked a crypto ATM provider’s license and imposed $5,000 transaction caps after finding widespread fraud, especially targeting users aged 60–70. New data shows over-50s account for 72% of ATM transaction value, prompting tighter rules and educational campaigns near machines. The regulator said it will continue monitoring the sector and may introduce further

In brief Singapore’s financial authority has set a June 30 deadline for crypto firms operating overseas from Singapore to obtain a license or shut down, citing financial crime risks. The new rules apply to firms incorporated or staffed in Singapore serving only foreign clients, with no exemptions or transition period. The move follows similar global