US Court Denies Kraken’s Motion to Dismiss a SEC Lawsuit
A federal court in the United States has rejected a request from cryptocurrency exchange Kraken to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC).
Spot Bitcoin ETFs Post $88M in Inflows
The fifth day in a row has seen an inflow of funds into Spot Bitcoin ETFs this week, while Spot Ether ETFs have recorded a decrease in outflows after a negative trend lasting four days.
US Marshals Could Be Selling Bitcoin Seized from Silk Road
The US Marshals Service (USMS) is likely in the process of offloading Bitcoin acquired from Silk Road, a well-known marketplace.
SEC Greenlights First Leveraged MicroStrategy ETF
Defiance ETFs announced the launch of the first-ever single-stock leveraged long exchange-traded fund for MicroStrategy.
The SEC Files Lawsuit Against Crypto Pyramid Scheme NovaTech
The SEC yesterday filed a lawsuit against NovaTech, a cryptocurrency company, and its co-founders Cynthia and Eddy Petion.
IRS Unveils an Updated Crypto Tax Form
The US IRS has recently released an updated version of Form 1099-DA, which will be used by brokers to report digital asset transactions to their customers starting in 2025.
SEC Charges BitClout Founder with Fraud
The US Securities and Exchange Commission (SEC) has accused BitCloud founder Nader Al-Naji of fraud for using investors’ funds to pay for luxuries, including rent for a mansion in Beverly Hills.
