Sam Bankman-Fried’s perspective on FTX fall
Sam Bankman-Fried testified in court this week, denying any wrongdoing between FTX and Alameda Research despite admitting “big mistakes.” Go to Source
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Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations. Go to Source
Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas. Go to Source
Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors. Go to Source
Hashdex sits down with SEC over spot Bitcoin ETF application
Asset manager Hashdex recently met with the U.S. SEC to address the regulator’s concerns over its application for a spot Bitcoin ETF. Go to Source
US lawmakers discuss digital assets and the House gets a new Speaker
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills. Go to Source
Pro-crypto lawmaker Tom Emmer ends hours-long Speaker campaign: Report
The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible Speaker of the House by Republican lawmakers. Go to Source
Pro-crypto lawmaker Tom Emmer wins Republican nomination for House Speaker
It’s unclear if Rep. Emmer will have enough support to win in a full floor vote, but the lack of a Speaker of the House has effectively halted all legislation since Oct. 3. Go to Source
Binance and CZ renew calls to dismiss CFTC lawsuit
Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsuit. Go to Source
Stablecoin market escaping US regulatory oversight: Chainalysis
Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis. Go to Source