South Korea targets Dunamu over Upbit hack as legal gaps emerge
South Korea’s Financial Supervisory Service has begun a formal sanctions process against Dunamu, the operator of crypto exchange Upbit, over the major wallet breach reported...
Tag : legal
Circle wins legal fight over Heka’s USDC minting and redemption account
Circle has secured a court-backed arbitration win after records made public in a Boston federal court detailed why the stablecoin issuer suspended Heka Funds’ USDC...
China proposes new legal framework for virtual currency money laundering cases
China has proposed a series of judicial and procedural reforms to strengthen investigations, evidence handling and asset recovery in virtual currency money laundering cases, as...
Paul Grewal exits Coinbase legal helm before crucial CLARITY vote
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team...
Coinbase chief legal officer to transition to advisory role on July 31
Paul Grewal, who has served as Coinbase’s chief legal officer since 2020, announced that he would transition to an advisory role at the exchange starting...
US arbitration giant rolls out ‘legal layer’ for agentic commerce
The American Arbitration Association and a broad coalition of tech, crypto, and enterprise companies have launched the Legal Context Protocol, an open standard designed to...
Ethereum MEV Bot JaredFromSubway Threatens Legal Action After $7.5 Million Loss
In brief Jaredfromsubway, a well-known trading bot, fell victim to a series of transactions that left its logic exposed to malicious behavior. The trading bot...
XRP Faces Major Legal Test in Californian Court: Will Ripple Survive July 1st?
XRP News: Ripple has nine days to file a completed Digital Financial Assets Law application with California’s Department of Financial Protection and Innovation, and as...
Crypto News, June 22: Jared from Subway Big Exploit and Its Legal Battle, UK Advances Stablecoin Regulations, Polymarket Accused of Fake Betting
Crypto markets woke up to pure chaos this Monday, and the Jared from Subway exploit, advancing UK stablecoin regulation, and Polymarket allegations are among the...
Kentucky Sues Kalshi, Polymarket as Prediction Market Legal Battle Swells
In brief Kentucky sued Kalshi and Polymarket, alleging they operate illegal sports betting platforms. The platforms argue their contracts fall under CFTC oversight, a position...