CFTC commissioner warns against infringing on SEC’s authority in KuCoin case
Two U.S. financial regulators cannot seem to reach a consensus on how to treat certain cryptocurrencies as securities or commodities.
Two U.S. financial regulators cannot seem to reach a consensus on how to treat certain cryptocurrencies as securities or commodities.
Will the former FTX CEO actually be in federal prison until he’s 57 years old? Will anything change in regard to FTX users getting their funds?
The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent.
The SFC website confirms that HKVAEX withdrew its license application nearly three months after the filing on Jan. 4, 2024.
Gambaryan’s lawyer requested an adjournment for the NSA and EFCC to respond, which was granted by the judge, who postponed the case to April 8.
Memecoins based on Sam Bankman-Fried rocketed and then crashed as a U.S. court handed down more than two decades of jail time for the former FTX CEO.
According to PANews, a judge has ordered the seizure of over $11 billion in assets belonging to Sam Bankman-Fried (SBF). Additionally, the judge will recommend that SBF serve his sentence in a prison near his family's residence in the San Francisco Bay Area. The reason for the seizure and the specific charges against SBF were not mentioned in the report. Further details about the case and its implications for SBF and his family are yet to be revealed.
According to Foresight News, SBF has been sentenced to 25 years in prison in New York for defrauding billions of dollars, as reported by Reuters. This is a longer sentence than the previously reported 20 years.
The platform was part of a targeted campaign by state regulators and promised to stop U.S retail operations last summer.
The SEC approved investment vehicles tied to Ether futures in October but has not reached a decision about spot ETH exchange-traded funds on U.S. exchanges.