CFTC announces lawsuit against Voyager Digital and former CEO
The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations. Go to Source
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US lawmakers urge IRS to implement crypto tax reporting requirements before 2026
The crypto tax reporting requirements proposed by the IRS in August are currently scheduled to go into effect in 2026 — according to 7 senators, that isn’t soon enough. Go to Source
Sam Bankman-Fried considered selling FTX equity to Saudi crown prince, says Caroline Ellison
Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy. Go to Source
Caroline Ellison provided 7 ‘alternative’ balance sheets hiding Alameda’s exposure to FTX
The former CEO testified that she had provided SBF seven options for spreadsheets with misleading information on Alameda’s financials to present to Genesis lenders. Go to Source
Crypto advocates weigh on race for next US House Speaker
Lawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose position has been vacant for a week. Go to Source
Sam Bankman-Fried aspired to become US President, says Caroline Ellison
The former CEO of crypto exchange FTX also reportedly explored paying off Donald Trump from running for U.S. President again. Go to Source
Caroline Ellison blames Sam Bankman-Fried for misuse of FTX user funds at trial
Reports have suggested the former CEO of Alameda Research and SBF had largely been out of contact following the collapse of FTX in November 2022. Go to Source
UK financial watchdog restricts Binance partner from issuing crypto ads
The Financial Conduct Authority’s marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance. Go to Source
Brazilian securities regulator plans sandbox for tokenization in 2024
Daniel Maeda with Brazil’s CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization potentially starting in 2024. Go to Source
Judge sides with Ripple again, denies SEC appeal: Law Decoded
Crypto lawyers are seemingly divided over the significance of a court order to dismiss the SEC’s motion. Go to Source