Legal
Another AT&T SIM Swapping Hack Targets Trio of Crypto Execs
Another crypto executive is suing AT&T over a SIM swapping hack that he claims cost him $1.7 million in digital assets.
Bitfinex Denies Laundering, Says It's a Victim of 'Fraud' by Crypto Capital
The crypto exchange released a statement Friday denying that it had any part in the payment processor's alleged money laundering.
Zuckerberg: Facebook Would Quit Libra if the Association Launched Prematurely
Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals.
Former World Gold Council Exec Develops New Bitcoin ETF
The portfolio manager behind SPDR Gold Shares is developing a bitcoin ETF, but winning SEC approval remains a holy grail in the nascent space.
FATF Joins BIS in Calling Stablecoins 'Global Risk,' Citing Money Laundering Concerns
Stablecoins pose a money laundering and terrorist financing risk to the world, the FATF said Friday.
Facebook’s Libra Just Got Its First Major Supporter in Congress
Bucking a trend, Sen. Mike Rounds (R-S.D.) wrote a letter praising Libra as a technological advance that he feels is needed.
Identity Thief Spends $5 Million on Cloud Computing to Mine Cryptocurrency
Singaporean citizen Ho Jun Jia has been indicted for stealing over $5 million worth of cloud computing services to mine cryptocurrencies.
Facebook's Calibra Sued by Mobile Banking App Over Similar Logos
The complaint alleges the Calibra logo is too similar to Current’s, which the fintech firm has been using since August 2016.
SEC, CFTC, FinCEN Warn Crypto Industry to Follow US Banking Laws
The heads of three U.S. financial regulators warned the crypto industry to abide by banking laws in a joint statement published Friday.
Bitfinex Doesn't Have to Compile Documents During Appeal, Judge Says
A New York judge has rejected the state attorney general's request to have Bitfinex and Tether compile documents during an ongoing appeal.
