The United States Securities and Exchange Commission chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.
Ronaldinho denies part in alleged $61M crypto scam at congressional hearing
The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme.
‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?
A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space.
Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation
Regulatory concerns continue to impact the entire crypto market, and this week’s BTC options expiry could play a decisive role in pushing the Bitcoin price under $26,000.
Senators slam bank execs for blaming collapses on crypto, pocketing millions
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.
U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks
The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital assets at Signature – in testimony prepared for a U.S. Senate hearing.
FTX seeks to claw back $460M from Bankman-Fried-backed VC firm
While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.
FTX’s Bankman-Fried could ‘conceivably’ get bail revoked, says judge
A federal judge said there was “probable cause” to believe that SBF engaged in activities that could land him in jail.
Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group
SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”
SBF subpoena is ‘definitely on the table,’ says Rep. Maxine Waters
The US lawmaker has refuted a report from CNBC that suggested that they weren’t planning to subpoena the former FTX CEO.
Bankman-Fried on the hook in Texas, called to appear at Feb. hearing
The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US.
The Race to Represent QuadrigaCX’s Creditors May Be Decided Today
Law firms jockeying to represent users of QuadrigaCX will appear before a Canadian court Thursday to see which teams get the nod.
Judge Moves to Block Potential Lawsuits Against QuadrigaCX Exchange
A judge in Canada has ruled in favor of a creditor protection petition filed last week by Canadian crypto exchange QuadrigaCX.
US Senators Raise Crypto Mining Concerns, Propose Government Blockchains
The U.S. Senate Committee on Energy and Natural Resources hosted a hearing Tuesday on the “energy efficiency of blockchain and similar technologies.”
CFTC Chair Says Regulator Is ‘Behind’ on Blockchain
The U.S. Commodity Futures Trading Commission is “falling behind” in understanding blockchain technology, chairman Christopher Giancarlo said.
US Congressman Calls for Ban on Crypto Buying and Mining
A U.S. congressman called for banning all U.S. residents from buying or mining cryptocurrencies during a hearing Wednesday.
CFTC Official to Congress: Don’t Be ‘Hasty’ With Crypto Rules
LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.
Congress Is Now Holding Two Crypto Hearings This Wednesday
Congress is set to hold not one but two separate hearings related to cryptocurrencies on Wednesday.
Lawmakers to Discuss If Crypto Is ‘The Future of Money’ Next Week
The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.
Senator: Cryptos Pose ‘Host of Challenges’ for Congress
DarkTower director Scott Dueweke said cryptocurrencies are “tailor made” for foreign powers hoping to influence American elections.