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May 8, 2024
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FTX proposes ‘billions in compensation,’ but not everyone’s happy

FTX, the cryptocurrency exchange that collapsed in 2022, has unveiled a new proposal to compensate victims, promising to repay all creditor claims along with additional compensation […]
May 8, 2024
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Financial system ‘outdated’ but crypto is no fix either — US swing voters

A survey conducted by the Digital Currency Group and the Harris Group sheds light on swing state voters’ perspectives on the financial system and cryptocurrency.   […]
May 8, 2024
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Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act

Adam Todd, founder and former CEO of Digitex Futures Exchange, has pleaded guilty in federal court for failing to establish an Anti-Money Laundering (AML) program at […]
May 8, 2024
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Philosopher Yuval Noah Harari warns of AI’s risks in finance

During a speech at the Bank for International Settlements (BIS) Innovation Summit, author, philosopher, and history professor Yuval Noah Harari raised concerns about the uncontrolled integration […]
May 8, 2024
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WBTC thief spreads $71M loot across multiple crypto wallets

After six days of quiet, stolen crypto funds linked to a recent $71 million wallet impersonation scam are back in motion.   The Bait and Switch […]
May 8, 2024
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SEC’s Gary Gensler gets irked being asked about crypto

Gary Gensler, Chair of the United States Securities and Exchange Commission (SEC), expressed exasperation with the disproportionate focus on crypto-related questions compared to traditional finance during […]
May 8, 2024
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SEC files final response in Ripple XRP case

Ripple Labs and the United States Securities and Exchange Commission (SEC) have moved forward in their legal dispute, reaching a pivotal stage as the SEC submits […]
May 8, 2024
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NBA, football, NASCAR stars cough up $2.4M in Voyager promo suit

Three prominent American sports figures have collectively agreed to pay $2.42 million to settle allegations related to their promotion of the failed cryptocurrency exchange Voyager Digital. […]
May 7, 2024
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SEC punts Invesco Galaxy spot Ethereum ETF decision to July

The United States Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy’s application for a spot Ether exchange-traded fund (ETF).   In a […]
May 7, 2024

Crypto firms to see more enforcement actions within 2 years — CFTC chair

Rostin Behnam, chair of the United States Commodity Futures Trading Commission (CFTC), anticipates ongoing regulatory actions against cryptocurrency firms as long as the market remains attractive […]

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