DOJ challenges motion to dismiss Tornado Cash co-founder’s charges

According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses. Read more »

Digital Currency Group files motion to dismiss $3B NYAG lawsuit

Digital Currency Group countered the NYAG’s allegations, saying that after Three Arrows Capital collapsed, it invested hundreds of millions into Genesis. Read more »

SEC asks judge to reject Coinbase’s motion to dismiss lawsuit

The regulator has asked a federal judge to deny Coinbase’s motion to dismiss its lawsuit, claiming the exchange knew the cryptocurrencies it sold were securities under the Howey test. Read more »

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South Korean parliament rejects motion to expel lawmaker over crypto scandal

South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3:3 vote in the expulsion motion. Read more »

Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple. Read more »

Celsius amasses 30 potential bidders for its assets, withdrawal motion approved

The bankrupt lender is set to hold auctions for its assets in January, while it’s been given the green light to return some customer funds. Read more »