Proactive sanctions can help spare the ecosystem: Chainalysis exec
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from. Go to Source Powered by WPeMatico
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US lawmakers want State Department to justify crypto rewards and disclose payouts
The State Department should submit a report on the use of cryptocurrencies as a viable reward payout with evidence that suggests it’s more encouraging for whistleblowers. Go to Source Powered by WPeMatico
Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token. Go to Source Powered by WPeMatico
US lawmakers request answers from Silvergate over ties to FTX: Report
Three senators said they were concerned about Silvergate following reports suggesting that the bank “facilitated the transfer of FTX customer funds to Alameda.” Go to Source Powered by WPeMatico
Texas enforcers want Sam Bankman-Fried to attend the hearing in February: Law Decoded
The Texas State Securities Board (SSB) invited the former CEO to attend the hearing on the alleged sale of unregistered securities on Feb. 2. Go to Source Powered by WPeMatico
US House committee chair pushes back against SBF’s excuse to potentially delay testimony
“It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters. Go to Source Powered by WPeMatico
Nexo leaving US, says country lacks clear regulations
The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down. Go to Source Powered by WPeMatico
Crypto community baffled by SBF dictating terms over congressional hearing
Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest. Go to Source Powered by WPeMatico
Regulators face public ire after FTX collapse, experts call for coordination
U.S regulators and their failure to avoid another crypto contagion have raised a lot of questions over their credibility. Go to Source Powered by WPeMatico
Binance hires audit firm that served Donald Trump to verify crypto reserves
Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company. Go to Source Powered by WPeMatico