law

Delta vs. CrowdStrike: The duties vendors owe to customers – or do they?

Axio, cybersecurity, data breach, Don't miss, Expert analysis, Expert corner, Hot stuff, law, lawsuit, News, opinion, risk, threats /

Delta vs. CrowdStrike: The duties vendors owe to customers – or do they? 2024-08-14 at 08:01 By Help Net Security In a potentially groundbreaking dispute, Delta Air Lines is threatening to sue CrowdStrike, a leading cybersecurity firm, for alleged negligence and breach of contract. This case brings to the forefront critical questions about the duties […]

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Tornado Cash verdict has chilling implications for crypto industry

court, crimes, developers, law, Netherlands, Privacy, Tornado Cash /

Tornado Cash verdict has chilling implications for crypto industry 2024-05-19 at 19:01 By Cointelegraph by Robert D. Knight The conviction of Tornado Cash developer Alexey Pertsev reinforces a very broad interpretation of criminal liability, which has major repercussions for blockchain. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Changpeng Zhao teases writing project ahead of reporting to prison

Binance, Changpeng Zhao, court, crimes, law, regulation, Washington /

Changpeng Zhao teases writing project ahead of reporting to prison 2024-05-18 at 02:01 By Cointelegraph by Turner Wright On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing. This article is an excerpt from Cointelegraph.com News View Original Source

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Crypto firms rally behind FIT21 bill approaching US House floor vote

CFTC, Government, law, regulation, SEC, United States /

Crypto firms rally behind FIT21 bill approaching US House floor vote 2024-05-17 at 20:01 By Cointelegraph by Turner Wright Lawmakers expect to vote on a bill clarifying how regulators handle digital assets by June after a majority in both chambers passed a resolution against an SEC crypto rule. This article is an excerpt from Cointelegraph.com

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French regulator warns investors Bybit provided services ‘illegally’

Bybit, Cryptocurrency Exchange, France, law, regulation /

French regulator warns investors Bybit provided services ‘illegally’ 2024-05-17 at 00:01 By Cointelegraph by Turner Wright The Autorité des Marchés Financiers reported Bybit has been blacklisted since May 2022 “for non-compliance with current French regulations.” This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame

court, crimes, Cryptocurrency Exchange, FTX, law, regulation, Sam Bankman-Fried /

Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame 2024-05-16 at 20:01 By Cointelegraph by Turner Wright Sam Trabucco, who resigned as co-CEO of Alameda Research in August 2022, has largely remained absent from the public eye since the collapse of FTX. This article is an excerpt from Cointelegraph.com News View Original Source React

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Oklahoma’s new crypto law protects miners, sets blockchain legal framework

law, mining, United States /

Oklahoma’s new crypto law protects miners, sets blockchain legal framework 2024-05-15 at 23:01 By Cointelegraph by Ana Paula Pereira Oklahoma Governor Kevin Stitt enacted a law on May 13 that creates a legal framework for blockchain and safeguards miners’ activities. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Ex-FTX exec Ryan Salame asks for no more than 18 months in prison

court, crimes, FTX, law, regulation, Ryan Salame, Sam Bankman-Fried /

Ex-FTX exec Ryan Salame asks for no more than 18 months in prison 2024-05-15 at 22:01 By Cointelegraph by Turner Wright The former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct crypto exchange who didn’t testify at SBF’s trial. This article is an

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Core security measures to strengthen privacy and data protection programs

Artificial Intelligence, Compliance, cybersecurity, Data Protection, Don't miss, Features, Hot stuff, law, News, OneTrust, opinion, physical security, Privacy, regulation, strategy /

Core security measures to strengthen privacy and data protection programs 2024-05-15 at 08:01 By Mirko Zorz As privacy laws evolve globally, organizations face increasing complexity in adapting their data protection strategies to stay compliant. In this Help Net Security interview, Kabir Barday, CEO at OneTrust, emphasizes that embracing privacy by design enables organizations to navigate

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DeFi may struggle to stay decentralized after new EU law

decentralization, Euro, Europe, European Union, law /

DeFi may struggle to stay decentralized after new EU law 2024-05-14 at 17:01 By Cointelegraph by Daniel Ramirez-Escudero DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Tornado Cash developer guilty of money laundering

Alexey Pertsev, crypto mixer, Cryptocurrencies, law, Privacy, Tornado Cash /

Tornado Cash developer guilty of money laundering 2024-05-14 at 15:02 By Cointelegraph by Zoltan Vardai Pertsev has been under arrest in the Netherlands since August 2022, after the United States government blacklisted Torn This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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CFTC announces $1.8M settlement against brokerage firm FalconX

Bitcoin Regulation, CFTC, falcon labs, law, regulation, United States /

CFTC announces $1.8M settlement against brokerage firm FalconX 2024-05-14 at 01:01 By Cointelegraph by Turner Wright The regulator reported the firm voluntarily improved its practices after the CFTC’s civil suit with Binance and its former CEO Changpeng Zhao. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit

Bitfarms, Business, court, law, mining /

Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit 2024-05-13 at 20:01 By Cointelegraph by Turner Wright Nicolas Bonta, Bitfarms co-founder and chair, will take over as interim president and CEO after Geoffrey Morphy filed a lawsuit for $27 million in damages against the mining firm. This article is an excerpt from Cointelegraph.com

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Crypto firms brace for intensified SEC, CFTC action after regulator warning

CFTC, Government, law, SEC, US Government /

Crypto firms brace for intensified SEC, CFTC action after regulator warning 2024-05-10 at 17:01 By Cointelegraph by Prashant Jha The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Canadian regulator fines Binance $4.4M for AML and CFT violations

AML, Binance, Canada, Cryptocurrency Exchange, law, regulation /

Canadian regulator fines Binance $4.4M for AML and CFT violations 2024-05-09 at 22:01 By Cointelegraph by Turner Wright FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator. This article is an excerpt from Cointelegraph.com News View Original

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Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

court, crimes, Department of Justice, law, regulation, United States /

Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act 2024-05-08 at 02:01 By Cointelegraph by Turner Wright U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. This article is an excerpt from Cointelegraph.com News View Original Source React

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EU crypto regulations undermined by lack of enforcement, say observers

Digital Currency, Europe, European Union, law, Stablecoin /

EU crypto regulations undermined by lack of enforcement, say observers 2024-05-07 at 19:01 By Cointelegraph by Robert D. Knight The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Crypto firms to see more enforcement actions within 2 years — CFTC chair

CFTC, Cryptocurrency Exchange, law, regulation, SEC, United States /

Crypto firms to see more enforcement actions within 2 years — CFTC chair 2024-05-07 at 00:01 By Cointelegraph by Turner Wright Rostin Behnam said that “without a regulatory framework,” regulators would continue pursuing crypto firms to protect investors from potential fraud and manipulation. This article is an excerpt from Cointelegraph.com News View Original Source React

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Coinbase faces new lawsuit over alleged investor deception

Coinbase, Cryptocurrencies, Cryptocurrency Exchange, law, SEC /

Coinbase faces new lawsuit over alleged investor deception 2024-05-05 at 13:01 By Cointelegraph by Amaka Nwaokocha The plaintiffs claim Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), Algorand (ALGO), Uniswap (UNI), Tezos (XTZ), and Stellar Lumens (XLM) are securities. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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BTC-e founder pleads guilty in $9 billion laundering conspiracy

Cryptocurrency Exchange, Government, law, United States /

BTC-e founder pleads guilty in $9 billion laundering conspiracy 2024-05-04 at 13:08 By Cointelegraph by Amaka Nwaokocha A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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