Iran-Israel conflict brings bear market, SEC to sue Uniswap, Bankman-Fried plans appeal | Weekly Recap

The unfolding conflict between Iran and Israel contributed to a collapse in crypto prices on Sunday, April 14. Last week, the Securities and Exchange Commission sent a Wells Notice to Uniswap, declaring intentions to sue the exchange amid increased regulatory efforts. Meanwhile, FTX founder Sam Bankman-Fried seeks to appeal his sentencing. The calm before the storm The...

Pakistan condemns deadly Iranian missile strike on its territory as an ‘unprovoked violation’

CNN —  Pakistan on Tuesday strongly condemned an Iranian airstrike inside its borders that killed two children, calling it an “unprovoked violation of its airspace” and warning of retaliation. Iran said it used “precision missile and drone strikes,” to destroy two strongholds of the Sunni militant group Jaish al-Adl, known in Iran as Jaish al-Dhulm, in the Koh-e-Sabz area of Pakistan’s...

President Raisi says Iran has ‘no problem’ with IAEA inspections

NEW YORK (Reuters) - Iran has no issue with the U.N. nuclear watchdog's inspection of its nuclear sites, Iranian President Ebrahim Raisi said on Wednesday, days after Tehran barred multiple inspectors assigned to the country. "We have no problem with the inspections but the problem is with some inspectors ... those inspectors that are trustworthy can...

US allows $6 billion transfer as part of Iran prisoner swap

WASHINGTON (Reuters) - The United States waived sanctions to allow the transfer of $6 billion in Iranian funds from South Korea to Qatar, a step needed to carry out a previously announced U.S.-Iran prisoner swap, according to a U.S. document seen by Reuters on Monday. The broad outlines of the U.S.-Iran deal under which five U.S....

Iran says uranium enrichment continues based on domestic law

DUBAI (Reuters) -Iran's enrichment of uranium continues based on a framework established by the country's parliament, nuclear chief Mohammad Eslami said on Sunday when asked about reports regarding Tehran slowing down its 60% enrichment. "Our nuclear enrichment continues based on the strategic framework law," Eslami said, referring to a related legislation. Earlier this month, the Wall Street...