Sam Bankman-Fried Prosecutor Promises ‘Handcuffs for All’ Crypto Crooks
Damian Williams, the U.S. attorney for the powerful Southern District of New York, set an ominous warning following the conviction of former crypto kingpin Bankman-Fried.
Policy
Sam Bankman-Fried Guilty on All 7 Counts in FTX Fraud Trial
A jury found Sam Bankman-Fried guilty on all charges in his criminal fraud trial tied to FTX’s operation and collapse.
Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury
Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.
Discredited Crypto Terrorist Funding Figures Gain Fresh Life in House Hearing
Despite a raging online debate discrediting the scale of crypto support for terrorist groups, the story continues to resonate in important places. Most recently on Thursday, the ranking Democrat at a hearing in the U.S. House of Representatives quoted a figure of $130 million in digital assets flowing to terrorists.
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
(Kamil Rogalinski/Unsplash)
Sam Bankman-Fried Lambasted by Prosecutor Right Before Jurors Began Deciding His Fate: SBF Thought ‘He Could Fool the World’
A verdict in the SBF trial could come before the end of Thursday – on the first anniversary of the CoinDesk scoop that caused his empire to crumble.
U.S. SEC’s Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy
As the U.S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule. So, what now? In practical terms, probably nothing much.
Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong’s recently accelerated ambitions to become a virtual asset hub.
UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.
UK’s National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.