A US federal judge ruled that cryptocurrencies like bitcoin are commodities subject to CFTC regulation. However, legal experts warn that many ICO tokens may still be securities under SEC oversight, leaving jurisdictional uncertainty unresolved.
The SEC is reportedly moving to sue Ripple over XRP sales, while CEO Brad Garlinghouse argues XRP is a currency, not a security, and says the case undermines U.S. crypto innovation.
The SEC is suing Ripple and its CEO over XRP sales, alleging unregistered securities. Brad Garlinghouse calls XRP a currency, criticizes the timing, and vows to win. The news sent XRP down 15%.
The US Department of Justice arrested a US commando for insider trading on Polymarket using classified info about the Maduro capture operation. He made over $400,000 and faces up to 60 years in prison. This is Polymarket's first major insider trading case.
The US DOJ arrested Army commando Gannon Ken Van Dyke for using inside knowledge of the operation to capture Venezuelan President Maduro to place bets on Polymarket, earning over $400,000. He faces up to 60 years in prison.
U.S. prosecutors arrested a servicemember accused of using nonpublic information about an operation involving Nicolas Maduro to place Polymarket bets that allegedly generated more than $400,000 in profit.
The US Department of Justice arrested Gannon Ken Van Dyke, a commando involved in the January operation to capture Venezuelan President Nicolás Maduro, for allegedly using classified information to place bets on Polymarket, profiting over $400,000. He faces up to 60 years in prison. Polymarket cooperated with the investigation and updated its rules to combat insider trading.
Jay Clayton will serve as interim U.S. Attorney for the Southern District of New York after his nomination was blocked by Chuck Schumer, setting off a dispute over qualifications, politics, and the future direction of a key federal office.
