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UK Just Passed an Online Safety Bill That Will Apply to the Metaverse

[Sep 20, 2023 4:05 AM] The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.

Stanford University Will Return 'Gifts' Donated by FTX: Report

[Sep 19, 2023 11:15 PM] Stanford University will be returning "gifts" it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report.

U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi

[Sep 19, 2023 1:31 PM] The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head…

Crypto Wants a De Minimis Tax Exemption in the U.S.

[Sep 19, 2023 11:30 AM] The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and…

Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved

[Sep 19, 2023 11:08 AM] The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.

Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail

[Sep 19, 2023 10:00 AM] The one-time crypto exchange executive has made several arguments to get out of jail before his trial.

Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service

[Sep 19, 2023 9:20 AM] Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider pulls support for the exchange on Sept. 25.

CZ Denies Binance.US Used Ceffu or Binance Custody in Apparent Contradiction

[Sep 19, 2023 8:25 AM] Binance.US previously told a DC court it used custody software offered by Binance’s international arm that was later rebranded Ceffu.

Cøbra Can't Fight $700K Craig Wright Legal Fees as an Anon, UK Judge Rules Again

[Sep 19, 2023 7:01 AM] The pseudonymous Bitcoin.org operator lost an appeal on a November ruling that said he cannot challenge legal fees from the self-proclaimed Bitcoin inventor while remaining anonymous.

Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says

[Sep 19, 2023 6:22 AM] While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.

The SBF Trial: How Did We Get Here?

[Sep 19, 2023 5:00 AM] Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value. And in two weeks…

JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says

[Sep 19, 2023 3:44 AM] The territory’s leader urged investors to use licensed platforms and promised more education about crypto risks

UK Crime Bill Lets Cops Freeze Crypto Faster, Channels Tainted Assets to Public Funding

[Sep 19, 2023 2:00 AM] The Economic Crime and Corporate Transparency Bill set to become law later this year removes some legislative hurdles that slow local cops from freezing crypto linked to crime.

FTX Bankruptcy Estate Sues Sam Bankman-Fried's Parents, Joseph and Barbara, to Claw Back 'Misappropriated Funds'

[Sep 18, 2023 10:55 PM] Allan Joseph Bankman and Barabara Fried, the parents of Sam Bankman-Fried, have been sued by the FTX bankruptcy estate.

‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute

[Sep 18, 2023 4:32 PM] A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday.

Binance’s U.S. Exchange Bucks SEC’s Document Requests Amid Investigation

[Sep 18, 2023 2:33 PM] The crypto exchange is fighting to avoid handing over certain documents to the regulator, arguing the SEC’s requests are “overbroad.”

Binance Is Supposedly Separate From Crypto Custodian Ceffu. The SEC Has Questions

[Sep 18, 2023 11:47 AM] As regulators prepare to square off with one of the world’s biggest crypto exchanges in court, Ceffu has denied any ties to Binance or U.S. operations. The reality is murkier.

SEC Rips Into Binance.US Over 'Shaky' Asset Custody, Asks Court to Order Inspection

[Sep 18, 2023 10:02 AM] The regulator asked a U.S. court to reject Binance's "half-hearted" objections to its motion seeking depositions, an inspection and communication from the exchange.

Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On

[Sep 18, 2023 9:34 AM] U.S. Sen. Elizabeth Warren (D-Mass.) has enlisted more support from key lawmakers in a growing coalition pushing for a law to crack down on money-laundering and sanctions abuses in crypto, with new sponsorship from the top Democrats on the Senate…

New York Regulator Seeks Tougher Norms for Adding, De-Listing Crypto Coins

[Sep 18, 2023 8:06 AM] Licensees in the state will have to set out technology, market and regulatory risks for listed cryptocurrencies under the state’s BitLicense regime

Malta Seeks to Change Its Crypto Rulebook to Get Ready for MiCA

[Sep 18, 2023 5:03 AM] The country's financial watchdog wants to align its framework with EU-wide rules set to take effect in 2024.

NFL Quarterback Trevor Lawrence and 2 YouTube Influencers Settle FTX Case

[Sep 17, 2023 11:16 PM] Three celebrity promoters of the failed FTX cryptocurrency exchange have opted to settle a case which alleged they helped dupe investors.

Hong Kong Police Announce 6 Arrests in JPEX Probe

[Sep 17, 2023 11:04 PM] SCMP reported that Hong Kong police had received 83 complaints about the platform, which was operating without a license.

DOJ Slams Sam Bankman-Fried’s ‘Intrusive’ Proposed Jury Questions

[Sep 15, 2023 1:52 PM] Federal prosecutors are criticizing void dire questions proposed by Sam Bankman-Fried's defense team.

Gemini Blasts DCG and Genesis Bankruptcy Plan, Calling It ‘Misleading at Best’

[Sep 15, 2023 11:22 AM]

Celsius, Core Scientific Resolve Acrimonious Mining Dispute With $45M Deal

[Sep 15, 2023 3:45 AM] Celsius had previously claimed hundreds of millions in damages in a squabble over unpaid dues that led to its mining rigs being powered down.

Binance.US Not Playing Ball With Probe, SEC Says, as Focus Turns to Custody Arm Ceffu

[Sep 15, 2023 12:32 AM] Securities regulators have complained the exchange is unregistered, and worry about assets being shifted overseas.

Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers

[Sep 14, 2023 12:23 PM] U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently…

Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

[Sep 14, 2023 10:24 AM] The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch…

Three Arrows Founders Hit With 9-Year Trading Ban in Singapore

[Sep 13, 2023 9:46 PM] MAS has banned the Three Arrows Capital founders from managing, directing, or being a shareholder of any registered capital markets services firm in Singapore.