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Regulators

Former Justice Department Prosecutor Says Sam Bankman-Fried Will Likely Receive 25-Year Sentence: Report

A former prosecutor with the U.S. Justice Department’s Securities and Commodities Fraud Section reportedly says that Sam Bankman-Fried may only…

November 6, 2023

DOJ Announces Plan To Control $54,000,000 in Crypto Allegedly Obtained in Illegal Narcotics Scheme

The U.S. Department of Justice (DOJ) is announcing a plan to seize millions of dollars worth of crypto that was…

November 5, 2023

UK Financial Regulator Unveils Guidance for Crypto Firms on Digital Assets Marketing

The Financial Conduct Authority (FCA) of the United Kingdom is releasing new guidelines for crypto firms on how to properly…

November 4, 2023

Ripple To Partner With Georgia’s Central Bank in the Eurasian Country’s CBDC Pilot

Payments platform Ripple Labs is collaborating with the central bank of Georgia to create the nation’s first central bank digital…

November 4, 2023

FBI Collected Transactional Data of FTX Customers During Bankruptcy Proceedings, According to Billing Records

New data reveals that the Federal Bureau of Investigation (FBI) collected transactional data of FTX customers as the troubled crypto…

November 3, 2023

PayPal Says It Has Received Subpoena From the SEC Over the PYUSD Stablecoin

Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its…

November 2, 2023

Sam Bankman-Fried’s Lawyers Claim Prosecution Painted Him as ‘Monster’ in FTX Fraud Trial’s Closing Arguments

The attorneys of disgraced FTX founder Sam Bankman-Fried argued that the prosecution is unfairly painting the defendant as a “monster”…

November 2, 2023

Do Kwon and Terraform Labs Seek Summary Judgement in SEC Lawsuit, Citing ‘Severe Deficiencies’ in the Case

Terraform Labs and its co-founder Do Kwon are asking the Southern District of New York court to strike out parts…

November 2, 2023

Prosecutors Say Sam Bankman-Fried Is ‘Guilty Beyond Reasonable Doubt’ in Closing Statements

The prosecutors in the FTX fraud trial say that disgraced Sam Bankman-Fried is guilty beyond reasonable doubt following his testimony…

November 1, 2023

New CBDC Pilot Goes Into Second Phase in Hong Kong As Government Explores Tokenization and Programmability

The Hong Kong Monetary Authority (HKMA) is entering the second phase of its e-HKD (e-Hong Kong dollar) pilot program, testing…

November 1, 2023