Regulation

SEC approved spot Ethereum ETF applications, opening institutional access to Ethereum holdings

Dutch court sentenced Alexey Pertsev to 64 months in prison on May 14, 2024, for money laundering related to operating the Tornado Cash cryptocurrency mixer.

Binance CEO Changpeng Zhao received four-month prison sentence for Bank Secrecy Act violations

Hong Kong's Securities and Futures Commission approved spot Bitcoin and Ether ETFs on April 15, 2024, making it the first jurisdiction in Asia to offer such products.

Uniswap Labs disclosed receipt of a Wells notice from the SEC on April 10, 2024, signaling the agency's intention to pursue enforcement action against the largest decentralized exchange.

Judge Lewis Kaplan sentenced Sam Bankman-Fried to 25 years in prison on March 28 2024, finding him guilty of defrauding customers of over 8 billion dollars.

The SEC approved 11 spot Bitcoin ETFs on January 10, opening institutional markets to direct Bitcoin exposure for the first time.

Changpeng Zhao pleaded guilty to Bank Secrecy Act violations on November 21 2023, stepping down as Binance CEO amid a 4.3 billion dollar settlement.

Celsius Network bankruptcy plan confirmed by court, enabling partial recovery for creditors

A federal jury convicted Sam Bankman-Fried on November 2 2023 on all seven counts of fraud, marking the crypto industry's most significant prosecution.

The DC Circuit Court of Appeals ruled on August 29 2023 that the SEC's denial of Grayscale's spot Bitcoin ETF was arbitrary and capricious, vacating the rejection order.

Celsius founder Alex Mashinsky arrested July 13, 2023, as DOJ, SEC, FTC, and CFTC file coordinated charges over customer fraud and token manipulation.

Judge Analisa Torres ruled on July 13 2023 that XRP sold programmatically did not constitute securities, marking the first major judicial determination about cryptocurrency token classification.

Binance.US halted USD deposits and withdrawals on June 9, 2023, days after the SEC filed its lawsuit against the exchange.

The SEC filed charges against Coinbase on June 6, 2023, alleging operation of an unregistered securities exchange and broker.

The SEC filed 13 charges against Binance, BAM Trading, and CEO Changpeng Zhao on June 5, 2023, alleging operation of an unregistered exchange.

Do Kwon was arrested at Podgorica airport on March 23 2023 using a forged Costa Rican passport after months evading law enforcement.

James Zhong pleaded guilty and was sentenced to one year in prison in March 2023 for stealing 50,000+ Bitcoin from Silk Road a decade earlier.

SVB's collapse on March 10 2023 initiated a banking crisis that eliminated three major crypto-friendly banks within days and tested stablecoin confidence.

Kraken agreed on February 9, 2023, to pay $30 million and cease its US staking-as-a-service program after the SEC alleged it constituted an unregistered securities offering.