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Crypto Market Is Celebrating SEC’s Setback in Ripple Suit. But the Case Is Far From Settled
Crypto Market Is Celebrating SEC’s Setback in Ripple Suit. But the Case Is Far From Settled

(Bloomberg) -- A US Securities and Exchange Commission lawsuit against Ripple Labs Inc. has kept crypto on edge since 2020 by raising the prospect that digital tokens are securities that fall under the agency’s strict regulatory purview. Yet even as a ruling Thursday seemed to undermine the watchdog’s case, the issue is far from settled.Most Read from BloombergHow Much Income You Need to Crack America's Richest 1%Singapore Arrests Minister, Property Tycoon in Graft ProbeEx-Celsius CEO Alex Mashi
Bitcoin Hits a Six-Week High as Financial Titans Step Up Crypto Initiatives
Bitcoin Hits a Six-Week High as Financial Titans Step Up Crypto Initiatives

(Bloomberg) -- Bitcoin climbed to the highest level since early May, buoyed by crypto initiatives involving major players from the traditional financial sector.Most Read from BloombergHedging Failure Exposes Private Equity to Interest-Rate SurgeThese Are World’s Most Expensive Cities for High-Class LivingWhat We Know About the Missing Titanic SubmersibleAlibaba Names Tsai Chairman, Wu CEO in Surprise Shake-UpTitanic Explorer Says Two Likely Disaster Causes Are Survivable. One Is NotThe largest d
Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff
Crypto Resumes Drop After SEC Crackdown Led to Weekend Selloff

(Bloomberg) -- Cryptocurrencies resumed losses Monday, though staying above their weekend lows, as last week’s regulatory crackdown by the US Securities and Exchange Commission weighed on sentiment.Most Read from BloombergOil Traders Are Daring to Defy Market Kingpin Saudi ArabiaAs Fed Signals Rate Pause, Powell Will Have to Placate HawksUBS Completes Credit Suisse Takeover to Create Bank TitanJeff Bezos Has Gained $10 on Mystery Purchase of One Amazon ShareUK Political Drama Intensifies as Stur
Kardashian Crypto Hype Lawsuit Advances Over Her Alleged Lies
Kardashian Crypto Hype Lawsuit Advances Over Her Alleged Lies

(Bloomberg) -- Kim Kardashian failed to persuade a judge to throw out a lawsuit in which she’s accused of scamming investors in a cryptocurrency called EthereumMax by falsely hyping the digital tokens.Most Read from BloombergPGA Tour Bows to Saudi Rival in Shock Combination With LIV GolfUkraine Dam Blast Blamed on Russia Tips War Into New PhaseGeorge Santos Loses Bid to Shield the People Who Guaranteed His $500,000 BailSEC’s Coinbase Lawsuit Heralds Deepening US Crypto CrackdownRussia’s Dam-Bust
SEC’s Regulatory Net Now Covers $120 Billion of Crypto After Coinbase, Binance Action
SEC’s Regulatory Net Now Covers $120 Billion of Crypto After Coinbase, Binance Action

(Bloomberg) -- The list of digital tokens deemed as unregistered securities by the Securities and Exchange Commission now spans over $120 billion of crypto after the US agency’s lawsuits against Binance Holdings Ltd. and Coinbase Global Inc. Most Read from BloombergUkraine Dam Blast Blamed on Russia Tips War Into New PhaseApple Headset Looks Sleek in Person But Battery Pack Stands OutApple’s $3,499 Vision Pro Headset Will Test Marketing MightSEC Sues Binance and CEO Zhao for Breaking Securities
SEC’s Regulatory Net Now Covers $115 Billion of Crypto After Lawsuit Against Binance
SEC’s Regulatory Net Now Covers $115 Billion of Crypto After Lawsuit Against Binance

(Bloomberg) -- The list of digital tokens deemed as unregistered securities by the Securities and Exchange Commission now spans over $115 billion of crypto after the US agency’s lawsuit against Binance Holdings Ltd.Most Read from BloombergSEC Sues Binance and CEO Zhao for Breaking Securities RulesMorgan Stanley Expects a Shock 16% US Profit Drop to Kill RallyApple’s $3,499 Vision Pro Headset Will Test Marketing MightA Wall Street Titan Scores One of the Best Real Estate Trades EverOil Nudged Hig
Hacker Who Robbed Crypto Laundering Service Tornado Cash Uses It to Mask Loot
Hacker Who Robbed Crypto Laundering Service Tornado Cash Uses It to Mask Loot

(Bloomberg) -- A hacker who took control of the sanctioned crypto mixer Tornado Cash has relinquished power over the service while also using the protocol to launder the digital tokens plundered during the attack.The exploiter stole 483,000 of the protocol’s native TORN coins and swapped a large part of the stash into Ether before laundering 472 of the latter — worth about $900,000 — through Tornado Cash, according to research firm Nansen.Criminals and North Korean hackers have used Tornado Cash
Ex-OpenSea Worker Found Guilty in First NFT Insider-Trading Case
Ex-OpenSea Worker Found Guilty in First NFT Insider-Trading Case

A former employee of NFT marketplace OpenSea was found guilty Wednesday of what federal prosecutors described as the first insider-trading case involving digital tokens, marking a win for the Justice Department in its push to police the crypto industry. A federal jury in New York convicted Nathaniel Chastain of wire fraud and money laundering for using nonpublic information from his employer to trade on nonfungible tokens in 2021. The Manhattan U.S. attorney’s office charged Mr. Chastain in 20
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