SEC Bans Ellison from FTX Roles for Decade
Three former FTX executives, including Caroline Ellison, face SEC bans after consent judgments related to the exchange’s collapse; Ellison receives a 10-year ban. #Breaking #Legal $FTX
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Coinbase Partners Klarna for USDC Funding
Klarna partners with @Coinbase to raise USDC-denominated short-term funding from institutional investors, diversifying its capital base with stablecoins. #Update #Crypto $USDC
Jump Trading Faces $4B Lawsuit Over Terra Collapse
The bankruptcy administrator for Terraform Labs is suing Jump Trading for $4 billion, alleging illegal profits from the $40 billion collapse of its ecosystem. #Breaking #Legal $LUNA
SEC Confirms Crypto Innovation Privacy Focus
U.S. regulators indicate a positive shift for crypto, highlighting innovation and privacy as the SEC outlines new regulatory paths. #Update #Crypto $BTC
Crypto Nominees Confirmed to Lead CFTC FDIC
President Trump confirms Mike Selig as CFTC chairman and Travis Hill as FDIC chairman, both poised to influence U.S. crypto regulation amid ongoing legislative efforts. #Update #Crypto $BTC $ETH
SEC Clarifies Crypto Trading and Custody Rules
The U.S. Securities and Exchange Commission clarifies crypto asset rules on custody, capital, trading, and recordkeeping, signaling flexibility for broker-dealers. #Update #Legal
SEC Charges VBit CEO for $48 Million Fraud
The SEC has charged Danh Vo, former CEO of @VBit, with misappropriating $48.5 million from investors, alleging improper fund use for personal gifts and gambling. #Breaking #Legal $BTC
SEC Approves BlackRock Bitcoin ETF Order
@BlackRock’s Bitcoin Premium Income ETF is under review by the US SEC, which has until December 31 to decide on its approval. BTC trades at $86,467, down nearly 4% in 24 hours. #Update #Crypto $BTC
SEC Labels Bitcoin Mining Services Securities
The SEC sues VBit founder Danh C Vo for unregistered securities, alleging misuse of $48.5M and misleading investors about mining operations. #Breaking #Legal
Bitcoin Custody Boost: Safello Partners Fuels
@Safello partners with Fuels Capital to custody bitcoin for loans in Stockholm, launching a six-month revenue-sharing pilot. #Update #Crypto $BTC
Blockchain Drives 2026 AI Regulation Shift
Charles d’Haussy, CEO of @dYdXFoundation, predicts onshore digital asset treasuries and blockchain-governed AI by 2026. #Update #Crypto $DYDX
CFTC Chief Pham Joins Crypto Firm MoonPay
Caroline Pham, acting chief of the U.S. Commodity Futures Trading Commission, plans to join @MoonPay as chief legal officer after Mike Selig’s confirmation. #Update #Crypto $BTC $ETH
SEC Advances Crypto Custody Rules
The SEC clarifies broker-dealer custody standards for crypto asset securities, enhancing regulatory clarity and signaling tighter digital asset safeguards. #Update #Legal
MoonPay Appoints CFTC’s Pham as Legal Chief
Caroline Pham, former CFTC Acting Chair, joins @MoonPay as Chief Legal and Administrative Officer to lead global legal operations and regulatory strategy. #Update #Legal