Staking should potentially be added to the menu for crypto exchange-traded funds (ETFs), a bipartisan group of U.S. senators argued in a letter to the Securities and Exchange Commission (SEC) on Thursday. Issuers of crypto ETFs had originally planned to […]
U.S. Senators Push for SEC to Rethink Crypto Staking in Exchange Funds Read More »
Already losing its legal fight with the crypto industry over a rule that would have expanded the definition of regulated securities dealers to include a wide array of digital assets operations, the U.S. Securities and Exchange Commission has given up
U.S. SEC Backs Off Crypto Dealer Fight, Continues Resetting Industry Approach Read More »
The U.S. Securities and Exchange Commission unit tasked with chasing bad guys in the crypto space will be smaller and called something significantly different, the agency said Thursday, further cementing its trend away from an aggressive enforcement stance against the
New SEC Cyber Unit Closes Chapter on Agency’s Crypto Enforcement Emphasis Read More »
A federal court has outlined just how extensive Sam Bankman-Fried’s assets were before the young CEO of FTX was tried and imprisoned for fraud, and the government swooped in to seize roughly $1 billion in financial assets and two aircraft.
Private Jets, Political Cash Among $1B in Sam Bankman-Fried’s Forfeited Assets: Court Read More »
At least two unnamed companies have been taken in by an alleged shapeshifting fraudster selling millions of dollars in fake FTX liquidation claims by apparently using artificial intelligence to help mask his appearance in video calls with buyers, according to
Firms Scammed for Millions in Faked FTX Claims Masked By AI Face: Inca Digital Read More »
This is the third in a series of stories examining the crypto industry’s high-stakes 2024 foray into politics and campaigning. The first explored the electoral track record of Fairshake PAC’s strategy and the second its intense use of a 2010
Coinbase CEO, Other Crypto Insiders Billions Richer After Seeking to Steer Elections Read More »
This is the second in a series of stories examining the crypto industry’s high-stakes 2024 foray into politics and campaigning. The first explored the electoral track record of Fairshake PAC’s strategy. While politicians battled each other across the 2024 U.S.
Crypto Cash Seized Political Power in Congress. Is Democracy in Danger? Read More »
U.S. Securities and Exchange Commission member Caroline Crenshaw is “even more extreme” than Chair Gary Gensler, according to a digital advertising campaign now being launched by Cedar Innovation Foundation — a dark-money group funded by unnamed crypto interests. Commissioner Crenshaw,
Crypto Groups Push Ads, Letters to Oppose Democrat’s U.S. SEC Commissioner Nomination Read More »
Crypto banking activity was paused or prevented by the Federal Deposit Insurance Corp. at a large number of U.S. banks in 2022, according to communications pried loose by a research firm hired by Coinbase Inc. (COIN). Coinbase’s hired help, History
U.S. FDIC Told U.S. Banks to Lay Off Crypto, Letters Obtained by Coinbase Reveal Read More »
Mike Collins, a first-term Republican in the U.S. House of Representatives, may not have a high profile on crypto policy, but he has a very active crypto portfolio. And his trading indicates that memecoin enthusiasm has reached the shores of
U.S. Congress’ Most Prolific Crypto Trader Is a Georgia Trucking Operator Read More »
