SEC Drops Charges Against Ripple CEO Garlinghouse, Chairman Larsen
The regulator had included them as defendants in securities violation case, and the agency now says it’s just pursuing Ripple for damages.
Hamas Crypto Funding Likely ‘Overstated’ – Chainalysis
Reports of many millions going to Hamas and other groups are based on faulty analysis, the forensics firm said.
For DeFi to Flourish, Right-Size the Regulators
(Chip Vincent/Unsplash, modified by CoinDesk)
U.S. Risks Unleashing Second ‘Eurodollar’ Market if It Dallies on Stablecoin Regulation
(Mathieu Stern/Unsplash, modified by CoinDesk)
Binance Says It Has Onboarded New Euro Fiat Partners for Deposits, Withdrawals
Paysafe, the crypto exchange’s former service provider for euro transfers ended support last month.
Grayscale ETF Case’s Final Word Coming in Federal Court as SEC Loss Formalized
Grayscale Investments is waiting for a federal court tomorrow or soon after to formalize the defeat it handed the U.S. Securities and Exchange Commission (SEC) two months ago in the parties’ dispute over a spot bitcoin exchange traded fund (ETF). That federal court action will close the case, legally setting Grayscale’s win in stone.
DCG, Genesis Were the ‘Adults in the Room’ but Didn’t Behave Like It
DCG CEO Barry Silbert has a credible claim his subsidiary lending firm was lied to by Sam Bankman-Fried, as New York’s attorney general accuses Genesis of lying to the public. (Kevin Moloney/Fortune Brainstorm TECH/Flickr, modified by CoinDesk)
Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
U.S. Treasury Seeks to Name Crypto Mixers as ‘Money Laundering Concern’
The U.S. Department of the Treasury’s financial crimes arm is proposing to label crypto mixers as a “primary money laundering concern” in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from anonymous crypto funds, including possibly Hamas.
Will Lawsuit Against DCG Impact GBTC’s Chances of an ETF Conversion?
Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.