Get the scoop on finance - sign up for mobile alerts

Regulators

SBF Lawyers Call Prosecutor’s Sentence Recommendations ‘Disturbing’ in New Letter To Judge

The lawyers of disgraced FTX founder Sam Bankman-Fried say that the prosecution’s sentence recommendations for their client are “disturbing.” In…

March 20, 2024

Judge Says SEC Abused Its Power, Made False and Misleading Representations in Case Against Crypto Firm

A federal judge in Utah has sanctioned the U.S. Securities and Exchange Commission (SEC) after the regulator copped to making…

March 20, 2024

$1,400,000,000,000 Pension Fund in Japan Exploring Diversification to Bitcoin and Gold

Japan's official government pension fund is curious about Bitcoin (BTC) and crypto. On Tuesday, the Government Pension Investment Fund (GPIF)…

March 20, 2024

SEC Postpones Decision on Hashdex and Ark 21Shares Ethereum ETF to May 30

The U.S. Securities and Exchange Commission (SEC) is delaying its decision on bids to create Ethereum (ETH) exchange-traded funds (ETFs)…

March 20, 2024

IMF Demands $3,000,000,000 Bailout Debt From Pakistan Through New Crypto Taxes: Report

The International Monetary Fund (IMF) is reportedly recommending the Pakistan Federal Board of Revenue (FBR) expand the scope of their…

March 18, 2024

Alleged $300,000,000 Crypto Ponzi Scheme in Texas Targeted by SEC As 17 Individuals Face Charges

US authorities have charged 17 people for their alleged involvement in a multi-million-dollar crypto Ponzi scheme. In a new press…

March 18, 2024

El Salvador President Says Country Moving Bitcoin Into Cold Storage Amid Daily One BTC Investment Plan

The President of El Salvador says that the country is now moving its Bitcoin (BTC) stash into cold storage. In…

March 17, 2024

JPMorgan Chase Paying $348,200,000 Penalty, Issued Cease-and-Desist Order Over ‘Unsafe or Unsound’ Banking Practices

The Federal Reserve and the Office of the Comptroller of the Currency (OCC) are hitting banking giant JPMorgan Chase with…

March 17, 2024

Prosecutors Recommend up to 50-Year Prison Sentence and $11,000,000,000 Money Judgment for Sam Bankman-Fried

Prosecutors are recommending that disgraced FTX founder Sam Bankman-Fried serve decades behind bars as well as be ordered to pay…

March 17, 2024

U.S. Federal Reserve Lists CBDC as One of Its ‘Key Duties,’ Warns Pro-Crypto Congressman Tom Emmer

The U.S. Federal Reserve listed a central bank digital currency (CBDC) as one of its "key duties" in a document…

March 15, 2024