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Warren, Deaton spar over crypto in first debate for US Senate seat

[Oct 16 6:25 AM] John Deaton, a Republican candidate for a Massachusetts US Senate seat, slammed incumbent Senator Elizabeth Warren in their first debate for building an “anti-crypto army.”

'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise

[Sep 24 3:51 PM] U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to…

House Republicans urge SEC to rescind ‘disastrous’ SAB 121

[Sep 23 11:19 PM] The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.

5 lowlights of Gary Gensler's evasive testimony before Congress

[Sep 27, 2023 11:26 PM] The United States Securities and Exchange Commission chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.

Ronaldinho denies part in alleged $61M crypto scam at congressional hearing

[Aug 31, 2023 9:44 PM] The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme.

Prometheum Testimony Raises Doubts: Crypto Community Questions Credibility Amid Regulatory Clarity Hearing

[Jun 15, 2023 1:30 PM] The crypto community is abuzz with discussions on social media about the recent United States House Committee hearing held on June 13, 2023, which delved into regulatory clarity within the crypto industry. Notably, the co-CEO of an obscure…

‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?

[Jun 14, 2023 10:43 PM] A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space.

Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal

[Jun 14, 2023 12:00 PM] A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds…

Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation

[Jun 8, 2023 11:44 AM] Regulatory concerns continue to impact the entire crypto market and this week’s BTC options expiry could play a decisive role in pushing Bitcoin price under $26,000.

Senators slam bank execs for blaming collapses on crypto, pocketing millions

[May 17, 2023 12:08 AM] Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

[Mar 29, 2023 4:00 PM] According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that…

U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

[Mar 27, 2023 12:46 PM] The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous…

FTX seeks to claw back $460M from Bankman-Fried-backed VC firm

[Mar 22, 2023 8:20 PM] While the funds represent a small portion of FTX’s overall asset shortfall, the settlement means the firms can avoid a costly legal battle.

Judges Consider Grayscale’s Arguments In Bitcoin ETF Hearing Against SEC

[Mar 7, 2023 12:26 PM] DC Circuit judges hammered the SEC’s lawyers as they defended their decision to not approve Grayscale’s move toward a spot bitcoin ETF.Grayscale Investments LLC participated in oral arguments on Tuesday in the United States Court of Appeals for the…

FTX's Bankman-Fried could 'conceivably' get bail revoked, says judge

[Feb 16, 2023 9:16 PM] A federal judge said there was "probable cause" to believe that SBF engaged in activities that could land him in jail.

FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

[Feb 7, 2023 11:30 AM] Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge…

Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius

[Jan 4, 2023 4:30 PM] Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific approximately $7.8 million for energy and hosting…

Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

[Dec 12, 2022 11:00 PM] SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”

SBF subpoena is 'definitely on the table,' says Rep. Maxine Waters

[Dec 7, 2022 6:59 PM] The US lawmaker has refuted a report from CNBC that suggested that they weren't planning to subpoena the former FTX CEO.

Bankman-Fried on the hook in Texas, called to appear at Feb. hearing

[Nov 29, 2022 11:26 PM] The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US.