Day: 21 May 2025

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against crypto company Unicoin Inc. and several of its top executives, alleging a large-scale investor fraud involving unregistered and misleading securities offerings worth over $100 million. The complaint, lodged in the Southern District of New York on May 20, ...

Russia is preparing new legislation aimed at streamlining the process of confiscating digital assets. The proposed bill intends to clarify and enhance the legal framework for seizing cryptocurrencies and other digital property in criminal cases. This move reflects the government’s growing focus on regulating the digital asset space amid rising ...

India’s Supreme Court has expressed serious concerns about the absence of a clear regulatory framework for cryptocurrencies, highlighting the risks posed by unregulated Bitcoin trading. During a recent bail hearing for Shailesh Babulal Bhatt, accused of illegal Bitcoin trading, the bench—comprising Justices Surya Kant and N Kotiswar Singh—questioned why the ...

Zug, Switzerland, 21st May 2025, Chainwire