While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise.
Category: Regulation News
US DOJ reportedly investigating FTX CEO for siphoning funds out of the US
The anonymous informant revealed that DOJ officials met with FTX’s court-appointed overseers to discuss the scope of the information they need for further investigation.
Who’s expected to testify before Congressional hearings on FTX?
FTX CEO John Ray, actor Ben McKenzie and law professor Hilary Allen have been confirmed, while SBF, Kevin O’Leary and Alameda CEO Caroline Ellison could […]
SBF ‘willing’ to testify at House hearing on the FTX collapse
Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. House hearing into the collapse of FTX.
UK pushes crypto efforts forward through financial services reforms
The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies.
US senator: There’s ‘no reason why’ crypto should exist
Jon Tester is one of many Democratic senators slamming crypto of late, arguing that the sector is backed by nothing and provides nothing, so there’s […]
FTT investors’ claims to be investigated for securities laws violations
To help the investors legally recoup losses, Schall Law Firm plans to investigate FTX for issuing misleading statements or failing to disclose crucial information.
3AC subpoenas issued as dispute grows over claims of Terraform dump
The bankruptcy judge has given approvals to subpoenas aimed at Three Arrows Capital’s leadership, while a new Terra Luna conspiracy has been floated.
Iran set to freeze bank accounts of women who refuse to wear a hijab
Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist in tandem with cash and CBDCs.
Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not […]