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Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams' Statement

[Mar 28 11:10 AM]

Sam Bankman-Fried Sentenced to 25 Years in Prison

[Mar 28 7:30 AM] SBF returned to a federal courthouse in Manhattan for sentencing on Thursday.

Recapping FTX Founder Sam Bankman-Fried's Trial

[Mar 28 4:00 AM] Sam Bankman-Fried was convicted last year. Here's how his trial came together.

Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief

[Mar 28 3:24 AM] Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.

Indonesia Will Require Crypto Products to Pass Through Regulatory Sandbox or Be Deemed Illegal

[Mar 28 2:49 AM] The initiative is aimed at combating fraud and will kick in at the start of next year.

Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order

[Mar 28 1:55 AM] This is the third test for the Province's new tool to combat money laundering.

Crypto Addresses of 'Hamas-Aligned' Gaza Now Is Sanctioned by U.S, U.K.

[Mar 27 2:53 PM] Blockchain analytics firm Elliptic found that the online organization raised a mere $21,000 in crypto for Hamas since the October 7th attacks.

Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev

[Mar 27 11:58 AM] The judge will deliver the verdict on May 14, the court said.

UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance

[Mar 27 10:05 AM] "The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.

Coinbase Loses Most of Motion to Dismiss SEC Lawsuit

[Mar 27 8:11 AM] A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit against the crypto trading company should move…

Crypto Chip Company Katena Wins Lawsuit Filed by Bitcoin Miner Coinmint

[Mar 27 6:30 AM] Crypto technology firm Katena Computing didn't trick miner Coinmint into a $150 million purchase agreement, a panel of arbitrators ruled last month in the mining company's suit against Katena and a semiconductor company called DX Corr.

Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs

[Mar 27 6:00 AM] Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion worth of cryptocurrencies, Blockchain analytics…

How Sam Bankman-Fried's Sentencing Hearing May Play Out

[Mar 27 4:00 AM] Sam Bankman-Fried will find out this week if he is potentially facing decades in prison. Judge Lewis Kaplan is set to sentence him for his conviction last year on two fraud charges and five conspiracy charges tied to the operation and collapse of…

Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF

[Mar 27 3:13 AM] Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on…

HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong

[Mar 26 11:19 PM] The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.

Binance Is Having an Odd Time

[Mar 26 6:30 PM] Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody.

House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum

[Mar 26 2:26 PM] As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange…

UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies

[Mar 26 6:59 AM] The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

[Mar 25 11:56 PM] The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings.

Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case

[Mar 25 2:32 PM] The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.

FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors

[Mar 25 10:50 AM] The value of FTX's FTT token surged 10% on the news.

Do Kwon Released From Montenegrin Prison on Bail; Terraform Labs' Civil Trial Begins in NYC

[Mar 25 9:54 AM]

Binance Blocked by Philippines Securities Watchdog

[Mar 25 7:11 AM] The Philippines Securities and Exchange Commission warned in November that the company was operating in the country without the necessary licenses.

CommEX, Owner of Binance's Former Russian Ops, to Close Down

[Mar 25 7:10 AM] Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.

EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA

[Mar 25 5:17 AM] The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.

Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports

[Mar 25 2:59 AM] One of two senior Binance executives in government custody has escaped, local media reported over the weekend.

Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report

[Mar 22 3:56 PM] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration

[Mar 22 10:15 AM] U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area.

Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court

[Mar 22 8:42 AM] Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea.

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

[Mar 22 8:41 AM] Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging…