Bloomberg Law

Nvidia Investor Crypto Case Lets Justices Weigh Claims of Intent

The US Supreme Court’s review of a shareholder lawsuit over Nvidia Corp.’s crypto-mining revenue gives the court a chance to decide what plaintiffs must allege to demonstrate that corporate executives intended to defraud them.

Montenegro Premier Personally Invested in Kwon’s Crypto Holdings

Montenegro’s Prime Minister <-bsp-person state="{"_id":"00000190-3685-d497-a7fb-fe8df3800000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Milojko Spajic personally invested in <-bsp-bb-link state="{"bbHref":"bbg://securities/1741983D%20SP%20Equity","_id":"00000190-3685-d497-a7fb-fe8df3800001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Terraform Labs Pte cryptocurrency holdings years before the company collapsed, US court filings showed.

India Anti-Money Laundering Unit Fines Binance $2.2 Million

India’s Financial Intelligence Unit imposed a penalty of 188.2 million rupees ($2.2 million) on Binance for providing cryptoasset-related services without complying with the country’s anti-money laundering rules.

Bitcoin ETF Lists on Main Australian Stock Market for First Time

An exchange-traded fund investing in <-bsp-bb-link state="{"bbHref":"bbg://securities/XBTUSD%20BGN%20Curncy/GP","_id":"00000190-3532-d5f2-a594-f7367a600000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Bitcoin listed on Australia’s main stock market for the first time, adding to a wave of similar launches this year in the US and Hong Kong.

MicroStrategy Buys $786 Million in Bitcoin After Notes Sale

MicroStrategy Inc. bought approximately $786 million in Bitcoin with the proceeds raised from the sale of convertible notes.

Latest Stories

Binance General Counsel Confronts Some of Crypto’s Hardest Tests

<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-46e2-d497-a7fb-eeef936a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance’s General Counsel Eleanor Hughes has a lot to keep her busy, ranging from the giant crypto exchange’s testy dispute with Nigerian officials to strict monitoring by US authorities as part of a landmark <-bsp-bb-link state="{"bbDocId":"S4HQUFDWX2PS","_id":"00000190-46e2-d497-a7fb-eeef936a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">plea deal.

Winklevoss Twins Refunded After Trump Crypto Gift Exceeded Limit

<-bsp-person state="{"_id":"00000190-3c41-d497-a7fb-fc4d4f010000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Cameron and <-bsp-person state="{"_id":"00000190-3c41-d497-a7fb-fc4d4f010001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Tyler Winklevoss were refunded after their Bitcoin donations to Donald Trump’s presidential campaign exceeded the maximum amount allowed under federal law.

US Lawmakers Visit Ailing Binance Executive in Nigerian Jail

Two US lawmakers who visited a jailed <-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"00000190-3bd5-d497-a7fb-ffdd83420000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance Holdings Ltd. executive in Nigeria said he is in poor health and asked the American embassy to seek a humanitarian release even as local authorities press on with a fraud trial against him.

From Across Bloomberg Law

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France Leftists’ Plans Include 90% Top Marginal Income Tax Rate

<-bsp-bb-link state="{"bbHref":"bbg://screens/COUN%20FR%20RISK","_id":"00000190-4733-d497-a7fb-ef3fdf170000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">France’s leftist alliance would raise the top marginal income tax rate to 90% if it were to take over the government following legislative elections that run through July 7.

India To Hold GST Rate Rationalization Talks in Aug., FM Says

An Indian tax panel will begin talks on rate rationalization under the Goods and Services Tax beginning August, Federal Finance Minister <-bsp-person state="{"_id":"00000190-4737-d497-a7fb-ef3fdcab0000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Nirmala Sitharaman said Saturday.

Billionaires Come Under Siege in France’s Election Campaign

France’s billionaire Saade family spent more than four decades discreetly building a global shipping empire from their base in the southern city of Marseille. The late founder mostly shirked elite Parisian social circles and the publicity that comes with politics.

Accountants Take Center Stage in Trump, FTX Trials (Podcast)