Robinhood Markets, the popular retail trading platform, recently found itself in the crosshairs of the U.S. Securities and Exchange Commission (SEC). On May 4, the company received a Wells notice from the SEC concerning the crypto tokens traded on its platform. This notice, while not an admission of wrongdoing, signifies Read more
In a significant development that reverberated throughout the cryptocurrency industry, Changpeng Zhao, the former CEO of Binance, has been sentenced to four months in prison. This ruling comes after Zhao pleaded guilty to violating US money-laundering laws, marking a pivotal moment in the landscape of crypto regulation. The case against Read more
Senator Cynthia Lummis (R-WY) has criticized the U.S. Department of Justice (DOJ) over its position on self-custody wallets, as stated in a recent post on her official X account. Lummis’ criticism follows the DOJ’s move to file unlicensed money-transmitting charges against crypto mixers Tornado Cash and Samourai Wallet, hinting at Read more