Tag: regulatory oversight

India’s Legal Battle Against Highrich Online’s Crypto Ponzi Scheme Unfolds

Indian authorities have intensified their efforts to bring Highrich Online to justice for allegedly operating a crypto Ponzi scheme through HR Crypto Coin. ...

FTX Bankruptcy: Resolving Legal Complexities and Restoring Investor Trust

FTX aims to return 100% of claim amounts to non-governmental creditors within 60 days of bankruptcy filing. The involvement of Sullivan & Cromwell...

ASIC Appeals Court Decision on Finder Wallet’s Earn Products

The Australian Securities and Investments Commission (ASIC) has appealed a federal court decision that found Finder Wallet's "Earn" product compliant with Australian financial...

Bitcoin Halving: Assessing Impact and Anticipating Trends

The recent Bitcoin halving has sparked discussions about its impact on the cryptocurrency's supply dynamics and price stability. Regulatory attitudes towards Bitcoin have...

Collaborative Regulation: CBN and SEC’s Approach to Crypto Oversight in Nigeria

The Central Bank of Nigeria (CBN) has clarified that the Nigerian Securities and Exchange Commission (SEC) regulates cryptocurrencies. The CBN's commitment to collaborate...

Nigeria charges Binance Executive with tax evasion after Kenyan executive flees custody

Nadeem Anjarwalla, a Binance executive, escaped custody in Nigeria amid an investigation into Binance for allegations including crypto crime and tax evasion. Nigerian...

Nigeria’s FIRS Accuses Binance of Tax Evasion: The Unfolding Legal Battle

The FIRS has accused Binance of a litany of offences, including failure to pay Value-Added Tax (VAT) and Company Income Tax. The situation...

Blockchain Analytics and Crypto Compliance: Insights from the Copper Technologies Affair

Copper Technologies transferred digital assets worth over $4.2 million to a wallet associated with Jonatan Zimenkov. The UK's recent adoption of the "travel...

Crypto Landscape Rattled: Binance CEO CZ’s Shocking Plea Deal

Binance founder Changpeng "CZ" Zhao has stepped down as CEO amidst a reported $4.3 billion settlement with the U.S. Department of Justice (DOJ). ...