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Coinbase Heads to the Supreme Court in First Crypto Case

Cryptocurrencies and crypto exchanges have gotten all sorts of federal attention in recent years. From the Securities and Exchange Commission to the Department of Justice to the U.S. Senate—many government agencies and lawmakers have begun to weigh in on blockchain business. Now, for the first time, the Supreme Court is getting involved.The highest U.S. Court is hearing arguments in it’s first ever crypto-adjacent case on Tuesday. The case, Coinbase v. Bielski, is not specifically concerned with the classification,…

Instagram’s ‘Billionaire Gucci Master’ Handed 11-Year Sentence

Ramon Abbas was arrested two years ago on charges of Fraud and was sent to the U.S. from Dubai in the UAE. Abbas pleaded guilty in 2021 and was sentenced on Monday.Screenshot: Dubai PoliceOne former star of the luxury Instagram influencer circuit will spend some timebehind bars after he admitted to gaining much of his wealth through a massive, international money laundering and fraud scheme.A federal judge sentenced Ramon Abbas, 40, to 11 years in jail after he pleaded guilty in April last year. Federal prosecutors said