A US federal judge dismissed a lawsuit alleging Binance facilitated crypto transfers for terror groups, citing insufficient evidence. Plaintiffs can refile. Binance previously paid $4.32 billion in penalties.
Nearly 1,700 UK investors have sued Binance and founder Changpeng Zhao at London's High Court, seeking at least £150 million ($200 million) for allegedly selling leveraged tokens, futures, and options without regulatory authorization. Binance denies wrongdoing and vows to contest the claim.
A bitcoin address dormant since 2011 moved 15 BTC, marking the first public response from a defendant in a New York lawsuit claiming ownership of 39,069 dormant wallets valued at $285 billion.
CME CEO Terrence Duffy said the exchange will sue the CFTC over its approval of crypto perpetual futures, arguing the products should be regulated as swaps rather than futures.
Quant powerhouse Jane Street generated $39.6 billion in net trading revenue in 2025, surpassing JPMorgan and Goldman Sachs. As a key Bitcoin ETF AP, it faces an insider trading lawsuit over UST collapse and a conspiracy theory about daily BTC dumps.
The Digital Chamber, a U.S. digital asset advocacy group, has filed suit in Sangamon County, Illinois, seeking to stop a 0.2% crypto transaction tax set for the state’s 2027 fiscal year. The group argues the tax is facially invalid and says it applies regardless of whether an investor made a profit, or even whether ownership was actually transferred. It named Illinois Attorney General Kwame Raoul and Department of Revenue Director David Harris as defendants. In a post on X and a blog entry published Tuesday, the organization said the measure was inserted into the state budget without public hearings or input from affected parties. The tax stems from an Illinois Senate budget bill signed in June by Governor JB Pritzker. Under the measure, crypto brokers would be required to collect the 0.2% tax or face penalties, including possible fines and imprisonment. The report also notes that while the rate appears small, the cost could add up for high-frequency traders and investors holding large amounts of digital assets. The case comes as U.S. tax authorities continue tightening crypto reporting rules.
A resident, joined by two Wyoming-based firms, petitioned the New York Supreme Court to declare over 39,000 inactive BTC wallets as abandoned property, seeking title registration. Technical barriers—especially the lack of private keys—make the ruling likely symbolic.
Justin Sun publicly accuses WLFI of opaque governance, claiming $75 million of his investment is frozen and 76% of voting power is held by 10 wallets. WLFI counters with legal threats as its token drops to a new low of $0.07.
