The bankrupt crypto lender asked for a court ruling to dismiss Sam Bankman Fried’s appeal for bankruptcy for his offshore investment firm Emergent Fidelity Technologies Ltd.
Decentral Block Post
Hong Kong outlines upcoming crypto licensing regime
Hong Kong’s Securities and Futures Commission is calling for public consultation over plans to allow licensed cryptocurrency exchanges to serve retail investors.
'Unworkable' bill to ban blockchain immutability is introduced in Illinois
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen.
Zambia tests technology for crypto regulation, says minister Mutati
The Bank of Zambia and the country’s securities regulator are collaborating on digital infrastructure and a policy framework for crypto.
Voyager creditors serve SBF a subpoena to appear in court for a ‘remote deposition’
Bankman-Fried has only a few days to meet document requirements before his appearance in court next week.
ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’
Switzerland-based crypto platform claimed Warren made “mistakes” in comments at a recent senate hearing and encouraged her to “constructively engage” with its community.
SEC sues Do Kwon, Paxos ready to litigate, SBF’s VPN: Hodler’s Digest, Feb. 12-18
Top Stories This Week Paxos ‘categorically disagrees’ with the SEC that BUSD is a security The United States Securities and Exchange Commission (SEC) has defined the stablecoin Binance USD (BUSD) as a security in a Wells Notice sent to its issuer, Paxos Trust Company. The SEC alleges the organization failed to register BUSD under federal […]
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt.
Former FTX exec will plead guilty to federal charges with a deal: Report
Nishad Singh, the bankrupt exchange’s former director of engineering, went to a proffer session with prosecutors last month and is reportedly nearing a plea deal.
Do Kwon removed 10K Bitcoin from Terra after collapse — takeaways from SEC complaint
The SEC complaint included allegations around claims of TerraUSD's peg, Terra's relationship to Chai, and co-founder Do Kwon cashing out for millions.
SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined
The DeFi market’s total value locked surpassed $50 billion for the first time in six months thanks to the bullish burst in the crypto market over the past week.
CZ denies report Binance is considering major breakup with US business partners
The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators.
SEC chair issues warning to celebrities promoting crypto amid latest enforcement action
Gary Gensler said investors in crypto projects "should know why celebrities are making those endorsements," as Kim Kardashian and Paul Pierce did for EMAX through social media.
SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights?
Russia to roll out CBDC pilot with real consumers in April
Russia’s central bank is preparing to launch the first consumer pilot for the digital ruble in collaboration with 13 local banks.
SEC going after Terra sparks responses from crypto lawyers: ‘Wild’
While community members are not defending Terra and Do Kwon, they are questioning the manner in which the SEC is going after the company and its founder.
The Bank of Japan to launch its CBDC pilot before May
The Bank decided to launch a pilot program for “digital yen” in April, after finishing its Proof of Concept testing, that has begun in 2021.
Oman to establish regulatory framework for virtual assets
Despite the warnings about investing in digital assets by Oman’s central bank, about 65,000 residents hold cryptocurrencies.
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab's general counsel said the SEC was being "more thorough than usual" in its lawsuit against Terraform Labs and its co-founder Do Kwon.
FTX's Bankman-Fried could 'conceivably' get bail revoked, says judge
A federal judge said there was "probable cause" to believe that SBF engaged in activities that could land him in jail.