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The Recorder

Solana Labs Co-Founder Allegedly Pocketed Ex-Wife’s ‘Millions of Dollars’ of Crypto Gains

Elisa Rossi claimed in the complaint that her ex-husband pocketed “millions of dollars” in staking rewards on her cryptocurrency until she “discovered the deception” over two months after the parties finalized their divorce agreement.
4 minute read

The Recorder

DOJ Takes on Largest NFT Scheme That Points to Larger Trend

Gabriel Hay, 23 and Gavin Mayo, 23, allegedly defrauded investors of over $22 million. Former DOJ prosecutor Scott Armstrong says there's a trend of such cases targeting younger defendants.
3 minute read

Law.com

5th Circuit Overturns OFAC’s Tornado Cash Sanctions

This court ruling, which limits what can be designated or sanctioned by the U.S. government, has been hailed as a victory for the crypto industry, and it could also carry implications for the future of OFAC enforcement in a post-Loper Bright reality.
5 minute read

New York Law Journal

‘Hawk Tuah Girl’ $440 Million Meme Coin Collapse Sparks Legal Battle

A crypto coin inspired by the viral social media meme suffered a near-total collapse in less than a day, leading a group of investors to file suit against founders of the cryptocurrency.
4 minute read

The Recorder

‘BiT Global Lost’: Federal Judge Won’t Stop Coinbase From Delisting wBTC Token

“Ultimately, I have no evidence from you about what is to come,” U.S. District Judge Araceli Martínez-Olguín of the Northern District of California told BiT Global Digital Ltd.'s counsel on Wednesday.
3 minute read

National Law Journal

‘Badge of Honor’: SEC Targets CyberKongz in Token Registration Dispute

“A criminal statute of limitations on regulations cannot be retroactive, but on the civil side, if it is clarifying existing law subject to SEC jurisdiction and authority, it would be something that could be enforced going forward,” said Neama Rahmani, the president of West Coast Trial Lawyers.
3 minute read

The Recorder

Coinbase Justifies wBTC Delisting by Pointing to Justin Sun Connection

“We've filed our response to BiT Global’s effort to stop our delisting of wBTC before any discovery or even formal response to their bogus claims,” Paul Grewal, the chief legal office of Coinbase, said on X.
4 minute read

Texas Lawyer

Texas Bitcoin Mining Execs Sued for Alleged ‘Deception and Brazen Self-Dealing’

“We believe our lawsuit is only the tip of the iceberg with respect to potential claims against the defendants,” said Chase Potter, a partner at Iacuone McAllister Potter.
3 minute read

Law.com

Foreign Ownership Laws Blocked by Federal Judge in Blow to State Attorney General

“Power over external affairs is not shared by the states,” U.S. District Chief Judge Kristine G. Baker ruled in the 43-page order, quoting long-standing U.S. Supreme Court precedent.
5 minute read

The Recorder

Coinbase Hit With Antitrust Suit That Seeks to Change How Crypto Exchanges Operate

"This complaint is touching on things that have happened in the traditional tech space, but not the crypto space yet," said Kevin Kneupper, a partner at Kneupper & Covey.
3 minute read

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