US Asks Japan to Pressure Crypto Exchanges, Miners Working With Russia, Report Unveils
U.S. diplomats have reportedly called on authorities in Tokyo to increase pressure on Japanese crypto exchanges and miners to sever links to Russia. The request was made to deepen Moscow’s financial isolation amid the ongoing Russian assault on Ukraine. Washington Wants Japan’s Crypto Companies to Cut Ties, Further Isolate Russia The United States has urged Japan to put more pressure on cryptocurrency exchanges and mining companies...
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relationships with Metropolitan Commercial Bank, “all customers’ USD held with Voyager is FDIC insured.” Voyager Probed by FDIC The Federal Deposit Insurance Corporation (FDIC) is looking into Voyager Digital Ltd. (TSE: VOYG) and its marketing of...
New Lawsuit Claims Solana Is Unregistered Security — ‘Investors Have Suffered Enormous Losses’
A class-action lawsuit has been filed claiming that cryptocurrency solana (SOL) is an unregistered security under the Howey test. “The specific facts and circumstances relating to SOL securities support the conclusion that SOL is a security under the Howey test,” the plaintiff argued. Solana Is a Security, Lawsuit Claims A lawsuit, filed on July 1 in the U.S. District Court for the Northern District of California, claims that...
Tesla CEO Elon Musk Officially Terminates $44 Billion Twitter Deal — Twitter Threatens Lawsuit
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent a letter to Twitter Inc. Friday regarding Musk’s offer to buy the social media platform....
Bogus Takedowns Frustrate Musicians and Wipe Music From Spotify
Tackling online piracy is a complicated endeavor that can easily backfire. This is also true for takedown notices. Week in and week out, rightsholders send millions of DMCA takedown notices to help take infringing content offline. However, there can be serious collateral damage as well. In the past, there have been many examples of takedown abuse. DMCA notices have been used to silence critics, stifle competition, or earn millions of...
