Ethereum co-founder Joe Lubin says no chance ETH is classed as security
The ConsenSys founder and Ethereum co-founder said it’s as unlikely as ride-sharing service Uber becoming illegal. Go to Source Powered by WPeMatico
CFTC
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US Attorney requests SEC and CFTC civil cases against SBF wait until after criminal trial
Lawyers for Sam Bankman-Fried said he consented to staying the SEC and CFTC civil cases, while those for Caroline Ellison and Gary Wang did not objec to staying the CFTC case. Go to Source Powered by WPeMatico
CFTC head looks to new Congress for action on crypto regulation
“I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam. Go to Source Powered by WPeMatico
Crypto-related enforcement actions by US states rose sharply in 2022: Report
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
Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s
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
FTX VCs liable to ‘serious questions’ around due diligence — CFTC Commissioner
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 joins CFTC’s Global Markets Advisory Committee as one of four crypto orgs
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
CFTC commissioner: Crypto exchanges shouldn’t ‘self-certify’ tokens
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
Law Decoded, Jan. 9-16: Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
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
Defunct Crypto Hedge Fund Three Arrows Capital Founders Seek $25 Million to Start New Exchange Amid Scrutiny
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
