Latest News
By Federal Newswire | Sep 10, 2024
Andy Greenberg, author of "Tracers in the Dark," stated that U.S. leadership should be doing more to support Tigran Gambaryan, a Binance employee and former U.S. federal agent, including designating his case as a hostage situation. Greenberg shared his statement in a Sept. 4 post on X.
By Federal Newswire | Sep 6, 2024
This week, the Commodity Futures Trading Commission (CFTC) took notable action against Uniswap Labs, raising more questions than answers. This follows a series of CFTC enforcement actions against software developers Opyn, 0x, and Deridex from last fall. In all these cases, the targets settled and paid fines rather than contesting in court. Consequently, none of these actions leaves a binding precedent or offers regulatory clarity. The uncertainty is particularly damaging because all these enforcement actions implicate the rights of individuals to write and publish...
By Federal Newswire | Sep 6, 2024
The Digital Chamber (TDC) stated that the U.S. Securities and Exchange Commission (SEC) sending a notice of an upcoming enforcement action to OpenSea is a regulatory overreach. TDC shared its statement in an August 28 post on its website.
By Federal Newswire | Sep 5, 2024
Yuki Gambaryan has appealed to both the Nigerian and U.S. governments for assistance in securing the release of her husband, Tigran Gambaryan, a former U.S. federal agent and current Binance employee who is imprisoned in Nigeria. Yuki shared her statement in an August 26 YouTube video.
By Federal Newswire | Aug 29, 2024
Binance CEO Richard Teng said that the U.S. government has the authority to designate Tigran Gambaryan, a Binance employee imprisoned in Nigeria, as an "unlawfully detained" citizen abroad to secure his release. Teng made his statement in a post on the company's website on August 27, six months after Gambaryan was detained by the Nigerian government.
By Federal Newswire | Aug 29, 2024
Six months after his arrest on disputed money laundering charges, former IRS crypto investigator Tigran Gambaryan remains detained in Nigeria, with concerns mounting over his declining health.
By Federal Newswire | Aug 27, 2024
Marco Santori, the chief legal officer of the digital asset exchange Kraken, stated that a federal judge's ruling that the tokens traded on Kraken are not securities contradicts claims from the U.S. Securities and Exchange Commission (SEC). He described this as a victory for regulatory certainty and the broader crypto community. Santori shared his statement in an Aug. 23 post on X.
By Federal Newswire | Aug 22, 2024
Congressman Ritchie Torres (D-NY) stated that he believes blockchain, the technology underpinning cryptocurrency, can serve as a tool for greater global cooperation in humanitarian efforts such as disaster relief and providing financial services to underserved communities. He emphasized that blockchain enables both security and transparency. Torres shared his statement in an Aug. 16 clip of the Galaxy Brains podcast posted on X.
By Federal Newswire | Aug 22, 2024
Washington, D.C. (Aug. 22, 2024) – The DeFi Education Fund (DEF) and Blockchain Association (BA) have jointly filed an amicus brief supporting a challenge to the Securities and Exchange Commission’s (SEC) Consolidated Audit Trail (CAT) program. This brief highlights the unprecedented privacy concerns posed by the CAT, particularly for digital asset market participants.
By Federal Newswire | Aug 21, 2024
A spokesperson for Congressman Rich McCormick (R-GA) stated that the Congressman continues to work with the State Department to secure the release of his constituent Tigran Gambaryan from Nigeria, where he has been detained since February 26. Rep. McCormick's office shared its statement with Federal Newswire on August 16.
By Federal Newswire | Aug 21, 2024
The Digital Chamber (TDC) stated that companies might hesitate to do business in Nigeria due to the Nigerian government's detention of Binance employee Tigran Gambaryan. However, TDC noted that Africa is a "diverse" continent with many ambitious young people and will likely remain a tech hub. TDC shared its statement with Federal Newswire on August 15.
By Federal Newswire | Aug 20, 2024
The Digital Chamber (TDC) stated that the Nigerian government's treatment of the crypto exchange Binance and the imprisonment of Binance employee Tigran Gambaryan could lead other companies to reconsider their operations in Nigeria. TDC shared its statement with Federal Newswire on August 15.
By Federal Newswire | Aug 19, 2024
In a Harris Poll survey commissioned by Digital Currency Group (DCG), respondents from swing states called for greater discourse on the topic, saying it was a significant part of their election considerations. This news came in a May 7 news release from DCG.
By Federal Newswire | Aug 19, 2024
The Digital Chamber, a blockchain industry advocacy group, expressed concerns about excessive fines levied against multinational companies operating in Nigeria. The group indicated that such actions could negatively impact international participation in Nigeria's business community. The statement was shared with Federal Newswire on August 15.
By Federal Newswire | Aug 15, 2024
Ryan Sean Adams, general partner of Bankless Ventures, stated that the White House remains "still silent" on the imprisonment of Tigran Gambaryan, a former U.S. federal agent and current Binance employee, by the Nigerian government. Adams shared his statement in an Aug. 13 post on X.
By Federal Newswire | Aug 13, 2024
Ripple CEO Brad Garlinghouse said Judge Analisa Torres's order for Ripple to pay a smaller penalty to the U.S. Securities and Exchange Commission (SEC) than what the SEC had requested is a "victory" for the company and for the crypto industry. Garlinghouse shared his statement in an Aug. 7 post on X.
By Federal Newswire | Aug 12, 2024
Coin Center has announced two significant victories in its ongoing efforts to protect the rights of cryptocurrency developers and users. The organization successfully appealed a case against the Treasury Department's 6050I reporting scheme, and the IRS released a new draft tax reporting form for cryptocurrency brokers that omits the controversial "unhosted wallet provider" designation.
By Federal Newswire | Aug 12, 2024
Dina Temple-Raston, host of the Click Here podcast, stated that Tigran Gambaryan, the head of financial crime compliance for the crypto exchange Binance, "is being held personally responsible" for the Nigerian government's accusations against Binance. Temple-Raston shared her statement in a July 30 post on X.
By Federal Newswire | Aug 9, 2024
The Digital Chamber (TDC) has joined the Crypto Market Integrity Coalition (CMIC) in urging the Biden-Harris administration to establish "clear rules for the digital asset market." TDC announced their participation in an August 7 blog post, emphasizing that such regulations would foster compliance and align with U.S. financial norms and democratic principles.
By Federal Newswire | Aug 8, 2024
Fourteen Democratic members of Congress sent a letter to Democratic National Committee (DNC) Chair Jaime Harrison and "prospective presidential candidates" asking them to "take a forward-looking approach to digital assets and blockchain technology." The members of Congress sent their letter on July 26, and it was shared on X by Uniswap CEO Hayden Adams.
