The incarcerated former leader of the failed crypto exchange wants a new chance to defend against fraud charges. What to know: Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, is seeking a new trial, according to a request filed in a New York federal court by his mother. […]
Braden John Karony had been convicted last year on several federal charges, and he’s ordered to pay back $7.5 million in restitution. What to know: Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year on a string of federal charges tied to defrauding investors […]
The Digital Chamber is among the oldest and largest crypto advocacy groups, and it’ll now incorporate CryptoUK into its widening operations. What to know: The Digital Chamber, which is among the most prominent crypto lobbying groups, is incorporating one of the leading U.K. digital assets groups, CryptoUK, as an affiliate under […]
The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S. What to know: Texas took a step toward building a state-based crypto reserve, grabbing $5 million of BlackRock’s bitcoin exchange-traded fund, officials told […]
As the Justice Department pursues Prince Group’s leader, the Treasury Department sanctioned the company while also severing Huione from the U.S. finance. What to know: U.S. authorities dropped a legal hammer on global firm Prince Group as an operator of forced-labor global scam operations — including infamous pig butchering schemes […]
The U.S. derivatives regulator issued a “reminder” that foreign crypto firms registered with the CFTC as FBOTs can directly handle U.S. customers. What to know: The Commodity Futures Trading Commission — under its ongoing “crypto sprint” to open a wider path for U.S. crypto business — issued an advisory on Thursday that […]
The Fed vice chair who leads banking oversight, Michelle Bowman, comes across as a crypto evangelist as she echoes industry views on its regulatory needs. What to know: The U.S. Federal Reserve’s newest vice chair who supervises Wall Street banking, Michelle Bowman, made a crypto speech on Tuesday that could have been […]
Paul Atkins, the head of the Securities and Exchange Commission, said “most crypto assets are not securities.” What to know: WASHINGTON, D.C. — Securities and Exchange Commission (SEC) Chairman Paul Atkins said his agency is launching “Project Crypto” with an aim to make a quick start on the new crypto policies urged […]
Brian Armstrong said recent policy shifts warrant a new push in the U.S., and president’s working group chief Hines said Trump is delivering on crypto promises. What to know: WASHINGTON, D.C. — As he walked out of the White House’s crypto summit on Friday, Coinbase CEO Brian Armstrong said his […]
The U.S. president directed his administration to establish a bitcoin reserve to hold seized assets, and it’s setting up a separate crypto stockpile. What to know: President Donald Trump has directed his administration to establish a Bitcoin Strategic Reserve to hold the assets that have been seized by the government, […]