Vinnik’s attorney appeals against 5-year prison sentence
Lawyers of the alleged $4 billion Bitcoin launderer appeal to the court, arguing that Alexander Vinnik was just an employee at BTC-e. Go to Source Powered by WPeMatico
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US Treasury to hire crypto policy officers to combat industry crimes
FinCEN posted vacancies for two high-profile crypto positions in a bid to get expert professional advice on the crypto industry. Go to Source Powered by WPeMatico
Urgent plea to prevent auction of $1.6B Bitcoin seized from Silk Road hacker
Pierre Rochard has made an “urgent” plea to lawmakers to instead create a strategic Bitcoin reserve and fill it with BTC seized by law enforcement. Go to Source Powered by WPeMatico
IRS tax form question leaves US crypto users confused and concerned
This year’s Form 1040 requires all U.S. taxpayers to answer a question about whether they traded or acquired “virtual currency” during the year. Go to Source Powered by WPeMatico
Crypto-friendly trading app Robinhood faces lawsuit from securities regulators
The Commonwealth of Massachusetts plans to sue Robinhood for alleged violation of state laws and regulations not related to crypto. Go to Source Powered by WPeMatico
With Bill Barr leaving the DoJ, what will the next Attorney General do about crypto?
Attorney General William Barr tendered his resignation to President Trump last night, opening up the conversation as to how a Biden-appointed successor will handle crypto. Go to Source Powered by WPeMatico
US FTC digs into Big Tech’s centralized reservoirs of user data
As antitrust enforcement hits Facebook and Google, the Federal Trade Commission is digging into misuse of consumer data. Go to Source Powered by WPeMatico
Senator-elect wants to spread Bitcoin awareness in the US government
Bitcoin will come to the rescue if the fiat system fails, says the incoming senator from Wyoming. Go to Source Powered by WPeMatico
The CFTC’s tech team is trying to figure out what to do about DeFi
The Technology Advisory Committee heard a briefing on DeFi’s functionality, as well as the pros and cons of holding programmers legally liable for bad usage. Go to Source Powered by WPeMatico
Architect of DoJ’s crypto framework will no longer be leading their policy-making
Major figure in Justice Department’s cyber work is out from the policy office, but no word on where she’s heading next. Go to Source Powered by WPeMatico