California

California

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Apple Co-Founder Steve Wozniak Loses Case Against YouTube Involving Bitcoin Scam

A California superior court judge ruled the social media giant was not responsible for its users' content.

Apple's Steve Wozniak sued YouTube over crypto giveaway scams.

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California Seeks to Make Blockchain Corporate Records Bill Permanent

The bill also makes amendments to the definition of "blockchain technology."

ca flag

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California Pension Fund Loaded Up on RIOT Shares During Bitcoin's Q4 Rally

The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.

CalPERS headquarters in Sacramento.

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US Man Pleads Guilty to Money Laundering Charges Involving $13M in Bitcoin

During a 28-month period, Hugo Mejia illegally exchanged millions of dollars in bitcoin while attempting to hide his activity.

U.S. Department of Justice, Washington, D.C.

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California Governor Signs Law Bringing State 'New Tools' to Regulate Crypto

The now-renamed California department responsible for the regulation of financial services will soon have more powers to supervise the cryptocurrency industry.

California Governor Gavin Newsom

Finanza

California Agency Backs Green-Energy Pilot Using RSK’s Bitcoin Smart Contracts

The California Energy Commission is funding an experimental market for carbon credit trading on the RSK blockchain, which runs on top of Bitcoin.

(Shutterstock)

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'Superman29' May Do Time: California Resident Pleads Guilty to Laundering Millions Using Illegal Bitcoin ATMs

Kais Mohammad, aka “Superman29,” has agreed to plead guilty to federal charges he ran an unlicensed Bbtcoin ATM network that laundered up to $25 million.

HSI Los Angeles Special Agents and Los Angeles County Sheriffs Department Deputies execute search warrants at mutliple locations in Los Angeles and Orange Counties and sieze more than a dozen ATM Bit Coin machines.

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California Assembly Considers Exempting Some Digital Assets From State Securities Law

A key lawmaker in the California Assembly has proposed exempting some digital assets from the state’s definition of corporate securities.

Majority Leader Ian Calderon has proposed a framework for determining whether digital assets are investment contracts, and therefore securities. (Credit: Lerna Shirinian)

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Student Gets 10-Year Jail Term for SIM-Swap Crypto Thefts Worth $7.5 Million

A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swap hacks has been sentenced to 10 years in prison.

SIM card

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IBM Blockchain Assists Groundwater Pilot in Drought-Prone California

IBM and two other organizations will marry blockchain and IoT to help manage groundwater usage in an "at-risk" Californian aquifer.

California’s Sacramento-San Joaquin River Delta