Sam Bankman-Fried Appeals Fraud Conviction, Requests New Trial: NYT
The FTX founder is six months into a 25-year prison sentence.
Policy
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading {{USDT}} stablecoin has long been under a cloud of reported U.S. investigations.
English High Court Rules Tether’s USDT Stablecoin Counts as Property
USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.
Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed.
Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year
A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported.
Kalshi Lists Election Contracts After Defeating CFTC in Court
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.
CFTC Has No Authority to Second-Guess Election Contracts, Judge Says
Elections are not a form of “gaming,” so the agency should not have conducted a public review of Kalshi’s political prediction markets, the judge wrote.
EToro Reaches $1.5M SEC Settlement, Agrees to Stop Trading Most Cryptocurrencies
The only crypto assets U.S. customers will be able to trade on the company’s platform are bitcoin, bitcoin cash and ether.
Crypto Bank Anchorage Digital, BitGo Take on Custody for ARK 21Shares Bitcoin ETF
The first and only U.S. federally chartered crypto bank, Anchorage Digital, is taking on the custody role for a leading issuer of crypto exchange-traded funds (ETFs), 21Shares, the companies said in a Thursday statement.