SEC Commissioner Hester Peirce highlighted that despite a very bad year, there are lessons for the crypto industry to learn.
Category: Ethereum News
BlockFi to sell $160M in Bitcoin miner-backed loans: Report
The deadline for bidders to submit offers for the Bitcoin-machine-backed loans is set for Jan. 24.
SEC’s ‘one-dimensional’ approach is slowing Bitcoin progress: Grayscale CEO
Grayscale’s chief was the latest to take a swing at the authority for its so-called “regulation by enforcement” actions.
North Korea’s Lazarus Group masterminded $100M Harmony hack: FBI confirms
The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds […]
BlockFi exec argues bankruptcy court should approve bonuses to retain talent
According to Megan Crowell, losing certain employees could “severely [limit] the debtors’ options” amid bankruptcy proceedings.
Former SEC chief blasts ‘bogus’ catchphrase: ‘Regulation by enforcement’
Lawyer and former SEC official John Reed Stark came out in defense of the SEC’s enforcement efforts in the crypto space.
Central African Republic eyes legal framework for crypto adoption
A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in Central African Republic and expedite the development […]
NYDFS advises crypto firms not to commingle user and corporate funds in the event of insolvency
“A VCE’s customer agreement should make clear the parties’ intentions to enter into a custodial relationship, rather than a debtor-creditor relationship,” said the NYDFS.
Europol reports $19.5M in crypto seized in enforcement action against Bitzlato
The operation conducted by authorities across Europe and the U.S. resulted in the arrest of 5 individuals linked to the exchange, including Bitzlato founder Anatoly […]
Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23
Anatoly Legkodymov, founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance.