Key Takeaways: Judge Lewis Kaplan denied Sam Bankman-Fried’s (SBF) Rule 33 motion on April 28, 2026, calling the new evidence claims “baseless.” The ruling closes the district court chapter for SBF, who still faces a live Second Circuit appeal from his 25-year sentence. SBF’s judicial reassignment request against Judge Kaplan remains pending, keeping one legal…
Key Takeaways: UK statutory gambling levy raised £120 million in year one, replacing Gambleaware. Betblocker was confirmed among the first OHID prevention grant recipients on April 8. Gamban excluded from funding, moves to a £4.99 monthly paid model in England. GambleAware’s Two-Decade Run Ends as Government Takes Direct Control OHID, the government body now responsible…
The SEC fined Nvidia $5.5M for not disclosing how crypto mining affected its revenue, forming part of the backdrop to the class action. A U.S. district court has allowed a class action lawsuit against Nvidia and CEO Jensen Huang to proceed following investor claims that over $1 billion of the company’s crypto revenue was…
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. CFTC Outlines How Present Regulations Cover Digital Assets In her remarks before the UK…
Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Do Kwon’s Guilty Plea On August 12, 2025, the United States Attorney’s Office for…
Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO Michael Kong said the Singapore High Court has approved his firm’s application to liquidate Multichain Foundation. Kong revealed that the…
U.S. authorities have charged 12 additional defendants in a sprawling RICO conspiracy involving over $263 million in cryptocurrency thefts, money laundering, and coordinated home invasions, according to a superseding indictment unsealed this week. DOJ: Crypto Crime Ring Laundered $263M via Mixers, Peel Chains, Hermès Birkin Bags, and Stuffed Animal Cash Shipments The indictment, announced by…
Alex Mashinsky, the former CEO of cryptocurrency lender Celsius Network, was sentenced today to 12 years in prison for defrauding customers and manipulating the price of the platform’s native token, CEL. In December 2024, Mashinsky pleaded guilty to one count of commodities fraud and one count of securities fraud, admitting to misleading investors about Celsius’s…
GS Partners, a European-based entity involved in multiple cryptocurrency investment schemes, has agreed to refund all funds to investors in a settlement with five U.S. states. The agreement will see the firm pay back 100% of investor deposits in exchange for the dismissal of all civil claims and ongoing investigations. Investors Will Get Full Refunds…
Spain has extended its ban on Worldcoin’s operations, a project led by Tools for Humanity Corporation, until the end of the year or until the Bavarian Data Protection Authority (BayLDA) reaches a final decision. The extension follows a precautionary measure imposed by the Spanish Data Protection Agency (AEPD) in March, which ordered Worldcoin to cease…