In the last seven days, the Supreme Court of the United States (SCOTUS) has released two opinions that could have lasting implications for how the U.S. Securities and Exchange Commission handles enforcement actions against companies, including crypto firms. In a 6-3 decision released on June 27 in SEC v. Jarksey,...

Experts say latest SCOTUS opinions will limit SEC power over crypto

Consensys announced it has acquired Wallet Guard, a security tool for protecting digital assets and data from theft, scams and fraud. The acquisition aims to integrate Wallet Guard’s advanced security features into MetaMask to improve user protection within Web3. With Wallet Guard’s background in transaction validation and client-side heuristics,...

Consensys acquires Wallet Guard to enhance MetaMask security

Nigeria’s Securities and Exchange Commission (SEC) has introduced a new requirement for virtual asset service providers (VASPs) mandating that they establish an office in Nigeria to be eligible for its framework program. In a post on its website, the SEC stated that entities must be incorporated and have an...

Nigerian SEC mandates local offices for crypto firms

Coinbase is building on the momentum from Judge Amy Berman Jackson’s ruling in the United States Securities and Exchange Commission v. Binance case. The exchange cited her precedent-reinforcing decision that secondary sales of Binance’s BNB token do not constitute securities sales under the criteria listed in the Howey test.

Coinbase cites Binance BNB token precedent in SEC petition

CBS Detroit

Washington — The Supreme Court on Thursday left intact an obscure tax enacted as part of Republicans' sweeping 2017 reform package that targets U.S. taxpayers with shares of certain foreign corporations.The court ruled 7-2 that the so-called mandatory repatriation tax, or MRT, is constitutional under Article I and the 16th Amendment, rejecting a challenge from a Washington couple, Charles and Kathleen Moore, who claimed the provision was outside the bounds of the Constitution. Justice Brett Kavanaugh wrote the majority opinion. Justices Clarence Thomas and Neil Gorsuch dissented. "[T]he precise and narrow question that the Court addresses today is whether Congress may...

Supreme Court upholds Trump-era tax, skirting disruptive ruling

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Georgia State

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Coffee County, GA

Douglas, GA

Daily Coffee Press

A 49-year-old woman from Douglas was recently arrested for allegedly submitting a life insurance policy for her ex-husband without his knowledge. According to a Coffee County Sheriff’s Office incident report, detectives met with a man on May 7 at the Coffee County Law Enforcement Center concerning a reported case of insurance fraud.

Georgia woman charged for allegedly filing life insurance policy application on ex-husband

Reuters

(Reuters) -The U.S. Supreme Court barred on Thursday a federal trademark for the phrase "Trump Too Small" - an irreverent criticism of former President Donald Trump - rejecting a California lawyer's claim that the trademark denial violated his constitutional free speech rights.

US Supreme Court bars 'Trump too small' trademark

Illinois State

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Chicago, IL

Chicago Happenings

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

Gloucester County, NJ

Franklinville, NJ

Morristown Minute

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

The Supreme Court announced Friday morning that it had ruled 6-3 (you know who voted how) to overturn Chevron v. Natural Resources Defense Council, a case from 1984 that established a very important doctrine in federal regulation. Federal law is by necessity broad, applying as it does across so many...

Forget the debate, the Supreme Court just declared open season on regulators

Business Insider

President Joe Biden on Monday warned the Supreme Court's ruling granting presidents immunity for official acts fundamentally changes the country.

Biden solemnly warns that the Supreme Court has fundamentally changed the country with its immunity ruling: 'May God help preserve our democracy'

On Thursday, the Court handed down a 6-3 decision, on a party-line vote, that could render a simply astonishing array of federal laws unenforceable. As Justice Sonia Sotomayor writes in dissent, “the constitutionality of hundreds of statutes may now be in peril, and dozens of agencies could be stripped of their power to enforce laws enacted by Congress.”

The Supreme Court just lit a match and tossed it into dozens of federal agencies

Texas State

The Associated Press

WASHINGTON (AP) — The Supreme Court on Monday kept on hold efforts by Texas and Florida to limit how Facebook, TikTok, X, YouTube and other social media platforms regulate content posted by their users in a ruling that strongly defended the platforms’ free speech rights. Writing for the...

The Supreme Court casts doubt on Florida and Texas laws to regulate social media platforms

DeanLand

Georgia's population grew beyond the 11 million mark in 2023, reaching 11,029,227 residents according to new data from the U.S. Census Bureau. With a robust population increase of 2.9% from 2020 to 2023, 315,456 new residents arrived in the state. Georgia was the 10th fastest-growing state in the US by percentage during the reporting period.

Georgia's Population Surges Past 11 Million, Fueled by Migration

POLITICO

Justice Ketanji Brown Jackson in her dissent argued that the decision would authorize “a tsunami of lawsuits” with “the potential to devastate the functioning of the Federal Government.”

Supreme Court opens door to ‘tsunami’ of regulatory challenges

Dubai, UAE - The meme coin economy is about to get a massive shakeup with the launch of Four.meme, the brand new fair launch platform built for meme coins on BNB Chain, a community-driven blockchain ecosystem that is removing barriers to Web3 adoption that is composed of BNB Smart Chain (BSC), opBNB, and Greenfield.

Four.Meme: Brand new fair launch platform for memes on BNB Chain launches today

HuffPost

One person suggested President Joe Biden take advantage of the ruling and "fire the Court and appoint one that doesn’t work for Trump."

Social Media Reacts To Supreme Court's Trump Immunity Ruling

The Atlantic

This opinion can’t be squared with the language of the statute—or with common sense.

The Supreme Court’s January 6 Decision Is Utterly Baffling

USAYE!

In a stunning verdict, a federal jury convicted two former executives of Epsilon Data Management LLC for their roles in a decade-long scheme that exploited consumer data to facilitate massive mail fraud targeting millions of Americans. The defendants, Robert Reger and David Lytle faced conspiracy, mail fraud, and wire fraud charges for knowingly selling lists of consumer names and addresses to fraudsters running prize scams and deceptive astrology mailings.

Data Breach Fraud Scheme: Shocking Convictions Targeting Millions

NewsBreak

SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy

The Securities and Exchange Commission (SEC) has asked a judge to toss a lawsuit from an American apparel company that has attempted to shield itself from...

SEC wants retailer’s crypto suit tossed as it’s based on ‘phantom’ policy

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