#texas

A Texas man was sentenced to two years in prison for filing inaccurate tax returns between 2017 and 2019. He reportedly omitted $3.7 million in income from Bitcoin transactions.

A jury has acquitted David Fischer, the manager of Marathon Digital's Texas data center, of all charges related to alleged noise pollution violations.

South Korean tech behemoth Samsung Electronics is setting its sights on surpassing Taiwanese chip titan TSMC and becoming the first to manufacture chips using 2-nanometer technology in the US. In pursuit of this goal, Samsung is channeling approximately $40 billion into research and the modernization of its Texas facility, projecting to outpace its rival by two years.

A federal grand jury has confirmed charges against Frank Richard Ahlgren III, a resident of Texas, for filing false tax returns and engaging in deposit manipulation to avoid tax payments. The unreported income is estimated at around $4 million.

Member of the Texas House of Representatives, Cody Harris, believes that the development of a gold-backed digital currency will encourage crypto adoption.

A federal judge in Texas dismissed ConsenSys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. The company sought to legally establish that Ethereum is not a security and to prevent the SEC from interfering with the operation of the MetaMask crypto wallet.

The U.S. Securities and Exchange Commission (SEC) has charged the Texas-based mining company Geosyn and its founders, Caleb Ward and Jeremy McNutt, for engaging in fraudulent activities.

The Texas-based clothing company Beba and the DeFi Education Fund (DEF) have filed a lawsuit to challenge the SEC's classification of airdropped BEBA tokens as investment contracts (securities).

New Hampshire Attorney General John Formella confirmed that Texas-based companies Life Corporation and Lingo Telecom were involved in fake Biden calls to state voters, urging them to skip the Republican primary election. However, he has refrained from pressing formal charges against them.