UmairLack of Disclosure on LUNA Costs Galaxy Digital $200 Million
Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing…
Ripple Drops Cross-Appeal of SEC Case, Recovers $75M
The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for…
Court Orders $2.3M Returned to Victims of Fake Crypto Trading Platform
A federal court has ordered the recovery of over $2.3 million after a fraudulent digital asset scheme tricked investors with fake trading accounts and stole their funds. Fake Trading Platform…
UK FCA’s Finprom Rules 1 Year Later: How to Kill an Industry in One Easy Step
As a lawyer (not yours), I spend a good chunk of my time explaining to businesses why they need to pour half their budget into compliance instead of, you know,…
