CryptoNews

SEC Charges Impact Theory in First NFT-Related Lawsuit Over Unregistered Token Sales  – Legal Bitcoin News

August 29, 2023
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting an NFT offering. SEC Sues Impact Theory Over $30M in NFT Sales From October 2021 to December 2021, Impact Theory raised nearly $30 million by selling…
Read more
CryptoNews

Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber – Bitcoin News

August 29, 2023
In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million — from seven distinct bitcoin addresses, untouched for just over six years. 1,177 Bitcoin From 2017 Move for the First Time in…
Read more
CryptoNews

NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded – Markets and Prices Bitcoin News

August 28, 2023
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during this week. NFT Transactions Dip Over 30% Amid 14% Sales Decrease From Sunday, August 20, to Sunday…
Read more
CryptoNews

Tornado Cash Co-Founder Roman Storm Released on Bail – Legal Bitcoin News

August 27, 2023
One of the founders of the Tornado Cash crypto mixer, Roman Storm, has been released on bail, his lawyer announced on social media. Storm, who was arrested in the United States, has been charged with money laundering and sanctions violations through the unlicensed platform. Storm Out on Bail After Indictment for His Role in Running Tornado Cash Roman Storm, a co-founder of the cryptocurrency…
Read more