According to the allegations, Sam Bankman-Fried’s father, Joseph Bankman, was a “de facto officer” at FTX Group.

Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto.

During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes.

The JPEX fraud saga began last week when the SFC revealed it had received 1,400 complaints against the exchange regarding fraud, withdrawal freezes and declining wallet balances.

The U.K.’s Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust.

A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019.

A federal magistrate judge has denied the Securities and Exchange Commission’s request to gain immediate access to Binance.US’s software, asking the regulator to provide more specific requests for discovery.

The commissioner said she had seen awareness and knowledge of digital assets grow in her five years at the SEC, but largely, there was “more of the same” on enforcement actions.

Three candidates from both the Democratic and Republican parties have taken anti-CBDC positions as part of their 2024 presidential run.

The legal struggle between the SEC and Binance.US continues, with the company hitting new lows in trading volume.