Cathie Wood’s ARK buys $1.5M SOFI shares as SoFi exits crypto
Cathie Wood’s ARK has been actively accumulating shares of SoFi, which announced plans to terminate crypto services by the end of 2023. Go to Source
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Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz
Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities. Go to Source
US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. Go to Source
US Treasury sanctions crypto mixer Sinbad, alleging North Korea ties
The government department has previously imposed sanctions on crypto mixers Blender and Tornado Cash despite many in the space pushing back on actions against software tools. Go to Source
SEC seeks public input on Franklin Templeton, Hashdex Bitcoin ETFs
The request for public comment are standard for ETFs under review and have an open period of 35 days. Go to Source
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits. Go to Source
Coinbase warns customers about subpoena in apparent CFTC Bybit probe
Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it. Go to Source
Judge signs off on $1.65B settlement between Voyager Digital and FTC
The settlement between the crypto lending firm and FTC was first announced in October and does not resolve former CEO Stephen Ehrlich’s pending case with the CFTC. Go to Source
Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators. Go to Source
Why Binance’s US plea deal could be positive for crypto adoption
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning? Go to Source