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Robinhood Refuses to Pull Tokenized AMC Stock Despite Legal Threats
AMC CEO Adam Aron demanded a halt on the tokenized meme stock, but Robinhood says the product is staying.
Robinhood Stands Firm Against AMC Over Stock Tokens
Legal experts doubt AMC's securities claims against Robinhood's stock tokens, but IP and trademark fights remain a serious threat.
White House Aide Fined $65k for $107k Prediction Market Trade
A White House staffer used secret speech drafts to grab $107,000 on Kalshi, earning a CFTC ban and fine.
Federal Judge Slams Government's Illegal Retaliation Against Anthropic
A federal judge just tore up retaliatory government sanctions against AI builder Anthropic, slapping Washington with an immediate, permanent injunction.
Bithumb Wins Lawsuit Over $43B Fat-Finger Bitcoin Error
A South Korean court backed Bithumb after an internal slip mistakenly handed 620,000 BTC to hundreds of user accounts.
Profit Connect Founder Convicted in $24 Million AI Crypto Fraud
A federal jury found Brent Kovar guilty on 15 counts for duping at least 400 investors with false guarantees.
Las Vegas Businessman Convicted in $24M AI Crypto Ponzi Scheme
Brent Kovar stole $24 million from over 400 investors using a fake AI supercomputer pitch.
Jury Convicts Vegas Man Behind $24M AI Crypto Mining Scheme
Brent Kovar tricked more than 400 investors with false claims of FDIC insurance and an AI supercomputer.
US Sanctions Crypto Operator Over $100M Iran Oil Trade
The U.S. Treasury has targeted an individual accused of processing over $100 million in crypto for Iranian military oil sales.
Illinois Crypto Tax Rules Threaten Holders With Monthly Bills
Illinois crypto users face a 0.2% monthly tax on their total asset value if their brokers fail to collect it.
Louisiana Law Lets Crypto Kiosk Users Demand Refunds from Illegal ATMs
Starting August 1, a new Louisiana statute lets crypto ATM users claw back their cash from unlicensed operators.
German Court Forces AI Music Generator Suno to License Songs
A court ruling in Germany requires AI companies to license copyrighted music before using it for model training and generation.