Sergei Potapenko and Ivan Turõgin have each pleaded guilty to one count of wire fraud conspiracy on Wednesday in connection with their operation of the nine-figure cryptocurrency mining […]
Bankruptcy Judge Clears Path for Recovery in High-Profile Crypto Failure
U.S. Bankruptcy Judge Martin Glenn of the U.S. District Court for the Southern District of New York ruled that a lawsuit, in which the plaintiff alleged that Alex […]
Crypto Entrepreneur Claims Justice Department’s Software Crackdown Violates US Constitution
Michael Lewellen, a Dallas-based blockchain and cryptocurrency entrepreneur, filed a constitutional challenge against the U.S. Department of Justice in the U.S. District Court for the Northern District of […]
Prominent Conservative Bitcoin Advocate Sues Crypto Startup
A prominent conservative political commentator and general counsel in the digital asset space filed a complaint in a Washington, D.C., court against a crypto startup whose executives, he […]
Latham & Watkins Adds Regulatory Partner to Strengthen West Coast Crypto Presence
Latham & Watkins has added a former Ketsal partner with prior experience at the U.S. Securities and Exchange Commission as senior counsel to its emerging companies and growth […]
Crypto Industry Joins Forces to Thwart SEC’s Airdrop Crackdown
Multiple heavy hitters in the cryptocurrency industry submitted amicus briefs in a federal district court in western Texas supporting an apparel company and a decentralized finance advocacy organization […]
UChicago Law Professors Release Desk Reference Breaking Down Crypto, Web 3 for Attorneys
The University of Chicago Law School this week released an open-access legal desk reference that lawyers can use to learn about Web3 to expand their transactional or litigation […]
SEC Says Farewell to the Term ‘Crypto Asset Securities’
In a controversial move, the U.S. Securities and Exchange Commission conceded in its motion for an amended lawsuit filed against Binance in a Washington, D.C., federal district court that […]
Biotech CEO Sent $1M in Crypto to Wrong Wallet. Now He’s Suing the Issuer for Its Return
An infectious disease biotechnology company, whose CEO sent $1 million worth of U.S. dollar coins on the Ethereum blockchain to the wrong wallet address, has sued a global […]
Covington Hit With Crypto Inventor’s Legal Malpractice Suit Seeking $100M
A crypto inventor has filed a legal malpractice lawsuit against Covington & Burling, claiming that Covington attorneys failed to provide “exculpatory evidence” to prosecutors in a federal criminal matter […]