Maine Sets July 29 Deadline for Dormant Bitcoin Wallet Holders
A $239B dormant-Bitcoin claim just hit a court stay, a same-day spend, and a new state-manual conflict over when abandoned crypto actually escheats to the government.
Court rulings, lawsuits, settlements, indictments, and litigation involving crypto firms and protocols.
A $239B dormant-Bitcoin claim just hit a court stay, a same-day spend, and a new state-manual conflict over when abandoned crypto actually escheats to the government.
The guilty plea by HDR Global Trading marks one of the most significant AML enforcement outcomes in crypto exchange history, setting a compliance benchmark every offshore venue now operates against.
The case marks a sharp escalation in SEC enforcement: executives at a crypto exchange are now personally in the regulator's crosshairs for concealing a nine-figure theft from their own users.
The unusual lawsuit pits the largest US derivatives venue against the CFTC over whether blockchain-based perpetual futures count as swaps, with $60T in offshore perps volume hanging over the fight.
A federal court just told a state it can't ban what the CFTC already regulates, handing Kalshi and Polymarket a structural win that other states are watching closely.
First public appearance by the former Binance CEO in the Philippines comes as the exchange deepens its Southeast Asia push post-settlement.
James argues the federal bill, as drafted, would preempt New York's BitLicense regime and hand oversight to the SEC and CFTC, leaving consumers with weaker guardrails than current state law provides.
Majority Leader Thune has burned the chamber's remaining pre-recess bandwidth on nominations and a Russia sanctions package, leaving the market-structure bill with a September window at best.
The preliminary injunction runs until a final merits ruling and leans on federal preemption under the Commodity Exchange Act, putting every other state considering similar bans on notice.
The pushback comes as the Senate races to lock down a floor vote on the first comprehensive federal crypto framework, with state enforcers now openly fighting parts of it.
The complaint frames server freezes and internal trades as deliberate user-fund grabs timed to the orderly wind-down, putting BitMEX's exit liability under judicial review.
The warning targets the unnamed operators who decide who gets into the products, not the vaults themselves, exposing the discretion Wall Street quietly relies on.
Storj is the fourth crypto firm in seven days to fail or wind down, and the only one offering token holders equity in the restructured business; that alone makes this filing worth watching.
Hong Kong's 1.99% product exposes the real structural split in staked crypto ETFs: who captures native rewards, and whether the wrapper risks pushing Solana toward validator concentration.
Senate Banking and Agriculture Committees released merged text that finally names the Trump crypto issue, but the binding-ethics fight and a packed floor calendar make the August recess deadline a…
The suit tests whether perpetuals are futures or swaps under the Commodity Exchange Act, a ruling that decides whether the offshore leverage machine becomes a domestic product or stays gated behind…
The investment bank pegs July 30 as the practical deadline before the August recess; 60 votes needed, 53 Republicans held, and seven Democrats on the negotiating team say the merged 616-page draft…
Galaxy Research halved end-of-year passage odds from 50% to 30% after the two Democrats who had signaled conditional yeses went public against the current draft, leaving the 60-vote threshold out of…
Seven Senate Democrats say the latest draft still fails on ethics and consumer protections, leaving the market-structure bill teetering with the August recess closing in.
The Clarity Act's ethics section would ban senior officials from issuing or sponsoring crypto, but sunsets in 2029 and limits enforcement to a DOJ led by Trump's own nominee, leaving Democrats…