The CEO and other top executives are accused of a breach of fiduciary duties, unjust enrichment and wasting corporate assets.

After buying GK8 for $115 million in 2021, Celsius has recouped $44 million of that but will spend most of the sum on legal fees.

Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevented him from presenting the requested books.

CFTC Commissioner Caroline Pham says recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.

The Securities and Exchange Commission chair highlighted market surveillance and other instances where agency staff could benefit from making greater use of AI.

Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.

The ARK Invest CEO says the recent Ripple court ruling is a major win for crypto exchanges.

Gensler was asked about the Ripple decision twice shortly after the ruling, and his main message was that he would rather not talk about it.

Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor.

Ripple Labs scored a partial victory in its lengthy legal battle with the United States Securities and Exchange Commission, which dates back to 2020.