Topic
digital-assets
2 stories
Court Orders $31 Million-Plus in Fundsz Crypto Fraud Case as CFTC Closes Out 2023 Action
A federal court ordered four defendants tied to the Fundsz crypto and precious-metals scheme to pay and forfeit funds, with two facing a $31.5 million judgment for lying about profits and a "proprietary algorithm.
Russia's central bank floats capital rules for crypto custodians ahead of September framework
The Bank of Russia published draft rules requiring crypto "digital depositories" to hold between 50 million and 250 million rubles in liquid capital, ahead of a national crypto framework due to take full effect by September 2026.