Under the proposed amendments, crypto campaign contributions under $100 were acceptable, provided the receiver immediately convert the funds to USD and not HODL them.
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Category: Ethereum News
FTX bankruptcy judge denies US Trustee’s motion to appoint independent examiner
The U.S. Trustee made arguments including that an examiner was necessary to scrutinize the use of software to conceal FTX’s alleged misuse of customer funds.
Binance CEO: Crypto industry will probably move to non-dollar stablecoins
Changpeng Zhao, also known as “CZ,” says that the industry may start to use stablecoins pegged to the euro, yen, or Singapore dollar, following recent […]
Korean e-commerce exec accused of accepting LUNA for shilling Terra Labs
The former CEO of Tmon, an e-commerce platform, has allegedly earned billions of South Korean won after selling the LUNA tokens he had received from […]
South Korea to examine crypto staking services following the Kraken case
No details on the timeline and methods of the examination were provided, but reportedly it would be conducted moderately as no wrongdoings have been registered […]
Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws.
SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit
The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with […]
Sequoia Capital, Paradigm among VCs facing “tricky” FTX investor lawsuit
It’s a “tricky case,” as it is unknown what obligation these firms actually had to “completely separate investors,” suggests a crypto lawyer.
Celsius creditors committee proposes suing Mashinsky, other Celsius execs
The proposed lawsuit names Alex Mashinsky and a number of former executives and co-founders for alleged “recklessness, gross mismanagement, and self-interested conduct.”
Crypto regulation decided by Congress, not the SEC: Blockchain Association
The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.