When Is a Ponzi a Ponzi?
U.S. authorities indicted the operators of HyperVerse, allegedly an $1.8 billion “Ponzi scheme.” There’s a fine line between a “fraudulent investment scheme” and many crypto projects, it seems.
Newsletters
How the Crypto Industry Responded to FinCEN’s Proposed Mixer Rule
Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry had a chance to weigh in. Here’s the gist of their responses.
Su Zhu Recommends Prison for All, in an Attempt to Rebuild a Reputation
Flipping the narrative, the disgraced 3AC financier says he enjoyed life behind bars. “I had the best sleep of my life.”
Why Is Everyone Suddenly Bearish About Bitcoin?
The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.
ETH ETFs Are Inevitable — But When?
As the SEC delays applications from Grayscale and BlackRock, Daniel Kuhn looks at how soon regulators might approve these investment products.
What’s Uniting the SEC’s Crypto Cases
Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – “big picture” – there wasn’t any sort of uniting regulation addressing crypto.
Why Does Maxine Waters Care About Meta’s Crypto Trademarks?
PARIS, FRANCE – MAY 24, 2018 : Facebook CEO Mark Zuckerberg in Press conference at VIVA Technology (Vivatech) the world’s rendezvous for startup and leaders. (Shutterstock)
The SEC Goes Back to Court
Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator’s legal teams faced the exchanges in court as the companies argued the SEC did not make the case that those cryptos are securities.
The New York Times Still Doesn’t Get Bitcoin
(Cheyenne Ligon/CoinDesk)
Coinbase vs. the SEC Debates the Difference Between Beanie Babies and Securities
The toys figured strongly in arguments over securities law, but will the case answer fundamental questions about crypto’s future.