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FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain

[Nov 1, 2023 7:00 AM] Just over $13 million in crypto were moved to Binance and Coinbase overnight, data from Spotonchain show.

Upcoming UK Rules for Crypto Ad Approvers Spell Uncertainty for Industry

[Nov 1, 2023 5:02 AM] Those approving ads for other crypto companies are already facing regulatory scrutiny – and will soon need new permissions to continue.

CFTC Awards $16M to U.S. Whistleblowers; Most Tips Were Crypto-Related

[Nov 1, 2023 4:28 AM] Crypto continues to have pervasive fraud and other illegality, Commissioner Christy Goldsmith Romero said.

Sam Bankman-Fried Survived His Testimony. Next Up: The Jury

[Nov 1, 2023 4:00 AM] More than 60 people lined up to watch Sam Bankman-Fried's fourth day of testimony, filling the single overflow room to the point extra chairs were set against the walls for some of the audience members.

BitGo Granted German Crypto Custody License by BaFin

[Nov 1, 2023 2:23 AM] BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.

'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion

[Nov 1, 2023 1:55 AM] Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.

Turkey in "Final Stage" of Bringing Crypto Legislation as Last Step to Get off FATF's Grey List: Minister

[Nov 1, 2023 1:14 AM] Turkey is in the "final stage" of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force's (FATF) "grey list.

As Sam Bankman-Fried Fraud Trial Nears Close, a Terse Judge Sets Jury Instructions

[Oct 31, 2023 3:20 PM] Bankman-Fried completed his testimony Tuesday, concluding the presentation of evidence from both sides in the Justice Department's case against the FTX founder.

U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

[Oct 31, 2023 1:11 PM] The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens…

Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000

[Oct 31, 2023 9:00 AM] A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say.

Sam Bankman-Fried Again Blames Underlings for Woes as FTX Founder Wraps Up Testimony

[Oct 31, 2023 8:30 AM] "So, it's your testimony that your supervisees told you to stop asking questions?" asked a prosecutor. "Did you call in your lieutenants and ask 'who spent $8 billion?'"

Sam Bankman-Fried Needs Better Answers on the Stand

[Oct 31, 2023 7:30 AM] There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him…

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

[Oct 31, 2023 6:56 AM] Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

[Oct 31, 2023 4:52 AM] Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea.

Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure

[Oct 31, 2023 4:00 AM] The government hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity.

Bankman-Fried Had a Hairy Day in Court

[Oct 31, 2023 4:00 AM] An observation from sleep-deprived day 15 of Sam Bankman-Fried’s criminal trial: prosecutors embrace the inevitable outcome of male pattern baldness; defense lawyers don’t.

Sam Bankman-Fried's Defense Team Makes Last-Ditch Bid to Get 'English Law' Detail in Jury Instructions

[Oct 30, 2023 11:07 PM] A set of filings from Sam Bankman-Fried's defense team late Monday shows his attorneys still hope to clarify that English law governed FTX's terms of service – which may have implications on the fraud charges.

Sam Bankman-Fried's Post-Collapse Media Blitz Has Clearly Backfired

[Oct 30, 2023 5:29 PM] The FTX founder was grilled Monday by a prosecutor, who used the many words he said to journalists after his crypto company's collapse against him.

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

[Oct 30, 2023 1:04 PM] The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further.

Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

[Oct 30, 2023 10:54 AM] Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities.

Sam Bankman-Fried Grilled by Prosecutor, Who Points Out Contradictions in His Testimony

[Oct 30, 2023 7:52 AM] Assistant U.S. Attorney Danielle Sassoon repeatedly cornered the FTX founder on his public statements about his involvement with his affiliated trading firm Alameda and the safety of exchange customer assets.

Retail CBDC Could Add Unique Value, but Further Investigation Is Needed, Hong Kong Central Bank Says

[Oct 30, 2023 6:23 AM] A retail central bank digital currency could add unique value to the existing payments ecosystem and enable new types of economic transactions, but further investigation is needed, Hong Kong's central bank said.

Crypto Exchange Linked to 3AC Founders Drops Lawsuit Against Mike Dudas

[Oct 30, 2023 5:02 AM] OPNX voluntarily dropped its defamation suit against the venture investor and crypto personality.

Singapore, Japan, U.K., Swiss Regulators Plan Asset Tokenization Pilots

[Oct 30, 2023 4:43 AM] Project Guardian seeks to advance digital asset tokenization pilots in fixed income, foreign exchange and asset management products.

Sam Bankman-Fried Implied His Friends Lied About His Role in FTX's Collapse

[Oct 30, 2023 4:00 AM] Sam didn't do it. He didn't defraud anyone, he didn't steal customer funds – he just built a company which "turned out basically the opposite" of the product he envisioned when he founded FTX: "A lot of people got hurt – customers, employees – andâ€

U.K. Publishes Final Proposals for Crypto, Stablecoin Regulation

[Oct 30, 2023 3:37 AM] The U.K. government published its final proposed rules for crypto and stablecoins on Monday.

Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

[Oct 27, 2023 9:51 AM] When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to…

LIVE: Sam Bankman-Fried Throws Caroline Ellison Under Bus in Testimony

[Oct 27, 2023 7:30 AM] The former crypto billionaire's lawyer focused on trying to spin prosecutors' narrative about FTX and Alameda Research's collapse in a way more favorable to SBF.

Digital Pound Consultation Received Over 50,000 Responses, With Privacy a Major Concern

[Oct 27, 2023 6:04 AM] Many of the respondents outlined concerns around privacy, programmability and the decline of cash, Jon Cunliffe, deputy governor of the Bank of England said.

Craig Wright Wins U.S. Appeal in Billion-Dollar Bitcoin Dispute

[Oct 27, 2023 4:26 AM] A Florida jury was right to say the self-proclaimed inventor of cryptocurrency wasn't in partnership with David Kleiman when they mined bitcoin together, an appeals court ruled.