Over 3.6 million documents have yet to be produced by prosecutors in the criminal trial of Sam Bankman-Fried, according to his lawyers.
Decentral Block Post
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance.
SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%
Total daily trading volumes on decentralized exchanges have surged by nearly $800 million over the past two days.
Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations
Coinbase met with the SEC 30 times in 2022 seeking regulatory guidance, and now it will “vigorously defend” itself, it says.
SEC files motion for restraining order against Binance
The SEC has accused Binance of mishandling funds and operating an unregistered securities exchange.
Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC's rules are unclear and that the courts need to make rulings to clarify them.
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
The full Agriculture Committee heard testimony from CFTC chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer.
Sequoia Capital announces three-way split to separate China business
One of the world’s largest venture capital firms, Sequoia Capital, will split into U.S./Europe, India/SEA, and Chinese branches.
Tornado Cash 2.0: The race to build safe and legal coin mixers
Projects are racing to create legal coin mixers that preserve privacy while revealing just enough data to stay on the right side of the law.
SEC sues Coinbase in NY federal court for offering unregistered securities
The SEC lawsuit alleges that Coinbase operated as an unregistered broker and several tokens offered on its platform qualify as security.
Binance v SEC: Crypto industry debates 'Tai Chi' vs 'Operation Chokepoint 2'
The SEC lawsuit comes within months of the CFTC lawsuit against Binance mounting its regulatory woes in the U.S.
AI could threaten humanity in 2 years, warns UK AI task force advisor
The UK prime minister’s AI task force advisor said large AI models will need regulation and control in the next two years to curb major existential risks.
Binance sees $778M net outflows on Ethereum blockchain amid SEC charges: Nansen
The SEC lawsuit against Binance led to an outflow of over $700 million worth of assets on Ethereum in the past 24 hours with outflows from the exchange still dominating inflows.
AI should be regulated like medicine and nuclear power: UK minister
A minister from the United Kingdom's opposition party says AI should be licensed and regulated in a similar way to the pharmaceutical and nuclear industries.
US Congressmen blame crypto firms for 'tax gap' in letter to Treasury
In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Congressmen Sherman and Lynch raised concerns about the tax compliance practices in crypto.
Crypto sentiment index dips back to March ‘fear’ levels amid Binance lawsuit
Meanwhile, total liquidations have topped $280M in the last 12 hours as crypto market sentiment has turned more fearful.
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
Paul Grewal reiterated that the “U.S. is falling behind” and is at risk of driving jobs, innovation and investment overseas.
Binance lawsuit: 61 cryptocurrencies are now seen as securities by the SEC
With its latest suit against Binance, the U.S. SEC has now labeled at least 61 cryptocurrencies as securities, affecting $100 billion worth of tokens on the market.
Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’
U.S. Attorney Damian Williams said Fowler’s lies exposed the U.S. financial system to “serious risk.”
SEC complaint hints at why Brian Brooks resigned as Binance.US CEO
New details revealed in the SEC complaint could explain why Brian Brooks abruptly stepped down as CEO of Binance.US in 2021, a crypto lawyer suggests.