DOJ Claims About Sam Bankman-Fried’s Laptop Access Are ‘Inaccurate’, Defense Alleges
Sam Bankman-Fried (Nikhilesh De/CoinDesk)
Policy
SEC Counters Ripple in Effort to Appeal Groundbreaking XRP Ruling
Whether or not Ripple violated securities law in making XRP available to retail investors by putting it on crypto exchanges is absolutely a question that needs appeals court intervention, the U.S. Securities and Exchange Commission (SEC) argued Friday.
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.
Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country.
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex
Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison.
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep
The Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) operations – Opyn, Inc., ZeroEx (0x), Inc. and Deridex, Inc. – with offering illegal derivatives trading, according to a Thursday statement from the agency.
North Korea’s ‘Lazarus’ Hackers Stole $41 Million From Crypto Gambling Site, FBI Says
The Lazarus Group has been targeting crypto companies for years now.
Ex-FTX Executive Ryan Salame Could Forfeit $1.5B as Part of Guilty Plea
Prosecutors say Sam Bankman-Fried used Salame as a “straw donor” to secretly funnel millions of dollars to Republican political candidates.
CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation
The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC).
SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator
Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday.