Law

A Texas judge rules that Ian Balina sold unregistered securities through Sparkster (SPRK) tokens, marking a partial victory for the SEC in its 2020 lawsuit.

Changpeng Zhao, ex-CEO of Binance, pleads guilty to money laundering, requests probation instead of potential 10-year prison term, citing risks due to his profile and wealth.

The DOJ demands a 36-month prison term and $50 million fine for Changpeng Zhao, citing major legal violations and necessary harsh penalties to deter future misconduct.

SEC attorneys Michael Welsh and Joseph Watkins resigned after mishandling a crypto case and facing severe criticism and sanctions from Judge Robert Shelby for misrepresentations and errors.

Chinese Weibo users have issued a formal complaint to the Supreme People’s Court and the People's Procuratorate, accusing a judge in Xiamen of making five errors in a USDT trading decision, endangering national financial security.

Worldcoin grapples with legal challenges over its data practices as it faces potential fines, yet WLD's market resilience shows the unpredictable nature of cryptocurrencies.