PwC US Senior Partner Paul Griggs says PwC decided to “lean in” to crypto work after years of taking a more cautious stance, following Trump's crypto embrace
Big Four firm has made strategic pivot towards digital assets, says US boss — PwC decided to “lean in” …
In a lawsuit, the US SEC accuses Kraken of commingling customer and corporate funds while operating as an unregistered broker, clearing agency, and dealer
The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
In a testimony without the jury present, SBF says he followed the counsel of lawyers to make critical decisions around passing FTX customer money to Alameda
Former crypto billionaire blames lawyers as court hears first snippets of testimony without jury present
The US DOJ charges Tornado Cash co-founders Roman Storm, of Washington, and Roman Semenov, a Russian national, with money laundering and sanctions violations
Katherine Ross / Blockworks :
Gemini sues DCG and its founder; Cameron Winklevoss accuses Barry Silbert of being “the architect and mastermind of the DCG and Genesis fraud against creditors”
- Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
Gemini sues DCG and its founder; Cameron Winklevoss accuses Barry Silbert of being “the architect and mastermind of the DCG and Genesis fraud against creditors”
- Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
Sources: at a May meeting, the Hong Kong Monetary Authority questioned HSBC, Standard Chartered, and Bank of China on why they were not accepting crypto clients
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry
[Thread] After the SEC approved Prometheum's SPBD for digital assets, a look at CEO Aaron Kaplan's bizarre Congressional testimony and issues with the SPBD
This Prometheum storyline has got to be the strangest thing I have seen in awhile in this industry. Has anyone actually looked into this? Beyond bizarre...
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan
- According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.
A UK Treasury Committee crypto report recommends that the government regulate trading and investment in unbacked crypto as gambling and not a financial service
Summary So-called “cryptoassets” span a wide and rapidly evolving range … Ledger Insights : UK Parliament's Treasury Committee wants crypto regulated as gambling Mastodon: Dare Oba...
A UK Treasury Committee crypto report recommends the government regulate trading and investment in unbacked crypto as gambling instead of a financial service
Bitcoin , ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers …
In its response to a US federal court, the SEC says Coinbase has no right to compel the agency to issue guidelines for crypto companies “on a specific timeline”
The Securities and Exchange Commission has issued a response to Coinbase's complaint requesting the agency to establish regulatory clarity for the industry.
Sources: Jump Crypto and Jane Street are pulling back from US crypto trading over regulatory uncertainty; Jump is expanding globally while Jane scales back
Jane Street Group and Jump Crypto — two of the world's top market-making firms — are pulling back from trading digital assets …
The US SEC sues Bittrex and its ex-CEO for allegedly operating an unregistered securities exchange, claiming tokens like Algorand and Omise Go are securities
4 recent SEC events indicate that crypto-exchanges … Tweets: @secgov : Today we charged crypto asset trading platform Bittrex Inc. and its co-founder and former CEO William Shihara...
[Thread] A look at a report from FTX debtors on the company's control failures, like awful recordkeeping, lying about using cold wallets, and sloppy key storage
Document #1242, Attachment #1 Mark Timmis / Coinmonks : Curious Cryptos' Commentary 10th April 2023 — FTX FTX : FTX Debtors Release Report on FTX Group's Control Failures Martin Yo...
[Thread] A look at a report from FTX debtors on the company's control failures, like awful recordkeeping, lying about using cold wallets, and sloppy key storage
The new team in charge of the FTX bankruptcy have released their first interim report on the failures of control at FTX and related businesses. It's 43 pages long, let's go through...
Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
Coinbase says it received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+
- The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
FTX identifies ~$5.5B in “liquid” assets for recovery, including $415M in “unauthorized third-party transfers” possibly tied to a hack found after its collapse
- FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”
By suing Genesis Global Capital and Gemini Trust over Gemini Earn in 2023, the SEC is years late to addressing the crypto lending product marketed as a security
Earn — Well, of course: … We covered this in 2021, when Coinbase Global Inc.'s similar crypto lending program was shut down by the SEC before it started.