Judge won’t block Coinbase from delisting wBTC over Justin Sun claims
Coinbase will likely be able to move forward with its intention to suspend wBTC trading on Dec. 19 after a challenge in federal court. Go to Source
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Coinbase slammed for linking WBTC delisting to Justin Sun
Some crypto community members have criticized Coinbase for not giving technical reasons for delisting WBTC and justifying its decision by citing Justin Sun-linked risks. Go to Source
Judge slams FDIC’s ‘lack of good-faith’ in censoring crypto letters to banks
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions. Go to Source
Australia fines Kraken operator $5M for regulatory breaches
Kraken Australia operator Bit Trade must pay $5 million plus the cost of court proceedings after the Federal Court sided with the country’s corporate watchdog. Go to Source
Judge cancels ex-Celsius exec sentencing after Alex Mashinsky plea deal
Former Celsius chief revenue officer Roni Cohen-Pavon pleaded guilty to US criminal charges in 2023 and has been allowed to travel to Israel on bail. Go to Source
Ripple CEO criticizes 60 Minutes for not including info on XRP ruling
The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases. Go to Source
FDIC asked banks to ‘pause’ crypto activities — Court docs
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy theory.” Go to Source
IcomTech promoter sentenced to 10 years in prison
The judge ordered David Brend to report to a federal prison in Florida by Dec. 16 to serve his 120-month sentence. Go to Source
Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023. Go to Source
Court blocks ‘Faketoshi’ Craig Wright’s appeal in Bitcoin creator case
The UK Court of Appeal suggested that Craig Wright’s appeal grounds contained “multiple falsehoods,” including reliance upon some “fictitious authorities.” Go to Source
