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There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins. Go to Source Powered by WPeMatico
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Go to Source Powered by WPeMatico
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors. Go to Source Powered by WPeMatico
Stellar chief operating officer Jason Chlipala said the foundation would bring the unique perspective of Layer 1 to the committee and highlight stablecoin use cases. Go to Source Powered by WPeMatico
Commissioner Christy Goldsmith Romero wants crypto exchanges blocked from self-certifying crypto and crypto products before going live on their platforms. Go to Source Powered by WPeMatico
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia. Go to Source Powered by WPeMatico
According to reports, the founders of the now-defunct crypto hedge fund Three Arrows Capital (3AC) are seeking to raise $25 million from investors to start a new crypto exchange called GTX. This solicitation for new capital comes after 3AC co-founders Su Zhu and Kyle Davies were subpoenaed over the social media platform Twitter. Pitch Deck … Read more
The commodities regulator has begun the process of getting a court ruling on the Ooki DAO case after the latter failed to respond to the lawsuit by the deadline. Go to Source Powered by WPeMatico
According to Mark Moss, the CEO of Market Disruptor, significant regulation is coming to the cryptocurrency industry following the aftermath of FTX’s collapse. He believes that future cryptocurrency bull runs probably won’t happen. However, Moss says that bitcoin will continue to see demand as it is “solving a problem that has plagued humanity from Day … Read more
Avi Eisenberg’s arrest on commodities fraud charges for the Mango Markets exploit raised eyebrows on crypto Twitter and required some processing to work through its intricacies. Go to Source Powered by WPeMatico
