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DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views
16.11.2022
A consultation published today looks at issues like governance, structure, money laundering and taxes
South Korean Prosecutors Raid Terra Co-Founder's Company in UST Probe
16.11.2022
Officials said they suspect Chai Corp. leaked customer information to Terraform Labs
Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential
16.11.2022
Circle CEO and founder Jeremy Allaire wrote to prominent financial services lawmakers in the U.S., calling for workable, clear legislation on stablecoins and warning of the risks to the country of not doing so
FTX’s Bahamas Arm Files for Bankruptcy Protection in US
16.11.2022
The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse
Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows
15.11.2022
The fallout of the FTX collapse has left U.S. lawmakers spinning two distinct narratives: Democrats hail their financial regulators as heroes whose caution saved the disaster from threatening the wider financial system, and Republicans argue it proves resistant agencies chased crypto firms away...
Celsius is Owed $12M by Alameda Research, Newest Member of Bankrupt Crypto Club
15.11.2022
The bankrupt crypto lender’s new CEO told the judge Celsius Mining has approximately 40,000 mining rigs
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
15.11.2022
All 19 of the congressional candidates backed by the crypto industry’s most widely supported political action committee, GMI PAC Inc., won their races last week, sending 16 new members to the House and Senate. But that positive performance is also at least somewhat eclipsed by the ongoing...
The Long Arm of FTX
15.11.2022
Two weeks ago, I thought the biggest story for the week of Nov. 8 would be the U.S. midterm election. Control of both the House and the Senate were up for grabs, with the future of crypto legislation at stake. All of that’s still true, but FTX collapsed in incredible and rapid fashion, with...
FTX Fallout Adds Urgency to South Korea’s Push for Crypto Regulations: Report
15.11.2022
An official at the Financial Services Commission says that unfair trade needs to be regulated
The ‘SBF Bill’: What’s in the Crypto Legislation Backed by FTX Founder
15.11.2022
The swift and surprising collapse of FTX last week continues to send shockwaves across the crypto industry and beyond – and Capitol Hill is not immune
Bahamian Supreme Court Approves Liquidators for FTX Assets
15.11.2022
Authorities in the Bahamas, where Sam Bankman-Fried's FTX was headquartered, are investigating the exchange's dramatic collapse for criminal misconduct and breach of securities laws
Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans
15.11.2022
Government amendments to money laundering rules seen by CoinDesk would see crypto providers forbidden from touching Monero or Dash
FTX's New Leadership Is in Touch With Regulators, May Have Over 1M Creditors, New Filings Say
15.11.2022
FTX filed more than 100 bankruptcy dockets. In a new filing posted late Monday, it finally revealed some of the details of how the exchange chose to enter bankruptcy
CFTC Pushes Back Against Amicus Briefs in Ooki DAO Lawsuit
15.11.2022
The U.S. District Court for the Northern District of California ruled in October that LeXpunK Army and the DeFi Education Fund could file amicus (friend of the court) briefs in the CFTC v. Ooki DAO case
White House Goes Back to the Future With FDIC Chair Pick Gruenberg
14.11.2022
President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U.S. banking system and significant influence over...
Crypto Industry Participants Field Questions from UK Lawmakers After FTX Collapse
14.11.2022
In an evidence inquiry session on crypto held by the Treasury Committee, the industry addressed negative questions, with some calling for more regulatory clarity
FTX’s Failure Is Sparking a Massive Regulatory Response
14.11.2022
Lawmakers, regulators and criminal investigators are looking into FTX’s collapse, and Sam Bankman-Fried’s tweets aren’t helping
Turkish Law Enforcement Investigating FTX's Local Arm Following Wipeout
14.11.2022
Turkey's Financial Crimes Investigation Agency said it is looking into people, institutions, banks and crypto service providers with ties to FTX.com after its swift collapse last week
Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
14.11.2022
FTX’s U.S. derivatives-trading subsidiary – the former LedgerX – remains standing while other parts of Sam Bankman-Fried’s empire crumble, and that should be credited to its government oversight, said Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC)
Manhattan US Attorney's Office Opens Probe Into FTX Collapse: Reuters
14.11.2022
The investigation is one of several probes into the now-bankrupt company's operations