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Myanmar’s military government proposes life in prison for crypto scammers

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The text of Myanmar’s Anti-Online Fraud Bill said that anyone who was convicted of committing “digital currency fraud” could face from ten years to life in prison, and possibly the death penalty.

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BitMEX hit with 623 BTC lawsuit on day it announces shutdown

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The proposed class action alleges BitMEX used privileged trading access and server freezes to profit from forced liquidations.

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BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown

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BitMEX will have removed 65 derivative contracts and trading pairs in July, compared with just 19 across the first six months of the year.

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Dem senator calls GOP’s CLARITY ethics proposal a ‘piece of shit’: Politico

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On Wednesday, Senate Republicans released the proposed text for the CLARITY Act, which has been met with pushback from Democrats regarding ethics provisions.

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