Federal Government Moves to Permanently Seize 2.42 Million USDT in North Carolina Civil Forfeiture Case

Federal Government Moves to Permanently Seize 2.42 Million USDT in North Carolina Civil Forfeiture Case

News | May 22, 2026 By:

On Thursday, May 7, 2026, the United States government filed a civil forfeiture complaint in the U.S. District Court for the Eastern District of North Carolina seeking to seize 2,421,304.76529 USDT permanently.

The action is brought under 18 U.S.C.S. § 981(a)(l)(C) for property constituting proceeds from unlawful activities,

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Jump Trading Hit With 0 Million RICO Suit Over TerraUSD Collapse

Jump Trading Hit With $500 Million RICO Suit Over TerraUSD Collapse

News | May 21, 2026 By:

On Thursday, May 7, 2026, Zhewen Hu filed a complaint in the US District Court for the Northern District of Illinois against Jump Trading, LLC, Jump Crypto Holdings, LLC, Tai Mo Shan Ltd., Kanav Kariya, and William DiSomma, alleging violations arising from a fraudulent scheme to manipulate the market for Terraform Labs PTE Ltd.’s TerraUSD (UST) stablecoin and Luna token.

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Coinbase Customer Suit Split: Securities Claims Dismissed, Remaining Issues Sent to Arbitration

Coinbase Customer Suit Split: Securities Claims Dismissed, Remaining Issues Sent to Arbitration

News | May 20, 2026 By:

On Thursday, May 7, 2026, the United States District Court for the Southern District of New York granted Coinbase’s request to dismiss certain customer claims and to send the remainder to arbitration, ruling that most disputes fall under a broad arbitration agreement and that related securities claims were untimely and insufficiently pleaded.

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Trump-Backed Crypto Firm Accuses Justin Sun of Smear Campaign

Trump-Backed Crypto Firm Accuses Justin Sun of Smear Campaign

News | May 18, 2026 By:

On Wednesday, May 6, 2026, Fox News reported that World Liberty Financial (WLFI), a cryptocurrency firm backed by the Trump and Witkoff families, accused Justin Sun, a crypto billionaire and one of their investors, of orchestrating a smear campaign against the company. The firm alleges that Sun’s actions were intended to undermine a crypto product he was reportedly betting against.

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Crypto Firm Kasparov Seeks Sanctions Against Trader Joseph Zacherl Over Alleged Deposition Coaching

Crypto Firm Kasparov Seeks Sanctions Against Trader Joseph Zacherl Over Alleged Deposition Coaching

News | May 18, 2026 By:

On Friday, May 1, 2026, Law360 reported that Kasparov Pte. Ltd., a cryptocurrency business, is seeking sanctions against Joseph Zacherl, a former trader, alleging he was improperly coached by his attorney during a deposition and provided intentionally ambiguous answers.

Kasparov claims Zacherl misappropriated $8.1 million in digital assets and is requesting the court to compel further discovery and order Zacherl to pay for a second deposition to ensure he “fully and honestly answer”

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