State of Crypto

SEC Warns Crypto Stakes in Retirement Accounts May Be Unregistered Securities
SEC Warns Crypto Stakes in Retirement Accounts May Be Unregistered Securities
The U.S. Securities and Exchange Commission (SEC) again made its case Tuesday that crypto assets are often unregistered securities being traded on unregistered exchanges, issu...
SEC Warns Crypto Stakes in Retirement Accounts May Be Unregistered Securities

Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors
Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors
Crypto conglomerate Digital Currency Group (DCG) and its bankrupt Genesis subsidiaries reached an in-principle agreement on terms of a restructuring plan with a group of the f...
Bankrupt Crypto Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors

FTX Asks Lawmakers to Return Sam Bankman-Fried's Donations
FTX Asks Lawmakers to Return Sam Bankman-Fried's Donations
FTX Group is sending "confidential letters" to politicians and other political beneficiaries of Sam Bankman-Fried, his deputies and his companies, asking them to return the mo...
FTX Asks Lawmakers to Return Sam Bankman-Fried's Donations

The White House, Washington, D.C. (René DeAnda/Unsplash)
The White House Is Concerned About Crypto
U.S. President Joe Biden’s White House published a statement on implementing safeguards for cryptocurrencies.
The White House, Washington, D.C. (René DeAnda/Unsplash)

Sam Bankman-Fried Negotiating Bail Conditions, Court Filing Says
Sam Bankman-Fried Negotiating Bail Conditions, Court Filing Says
Counsel for former FTX CEO Sam Bankman-Fried is currently in talks with U.S. prosecutors to “resolve the outstanding issues related to Bankman-Fried’s bail conditions,” accord...
Sam Bankman-Fried Negotiating Bail Conditions, Court Filing Says

Sen. Tim Scott To Unveil Priorities for Bipartisan Crypto Regulatory Framework: Report
Sen. Tim Scott To Unveil Priorities for Bipartisan Crypto Regulatory Framework: Report
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, will release his priorities for a bipartisan regulatory framework for cryptocurrency today, a...
Sen. Tim Scott To Unveil Priorities for Bipartisan Crypto Regulatory Framework: Report

India Keeps Restrictive Crypto Tax Rules in 2023 Budget
India Keeps Restrictive Crypto Tax Rules in 2023 Budget
India instituted a 30% tax on profits and a 1% tax deducted at source (TDS) on all transactions for the crypto sector in 2022. Now the world's largest democracy is keeping its...
India Keeps Restrictive Crypto Tax Rules in 2023 Budget

Identities of 2 Parties Who Backed Sam Bankman-Fried’s $250M Bond Can Be Revealed, Judge Rules
Identities of 2 Parties Who Backed Sam Bankman-Fried’s $250M Bond Can Be Revealed, Judge Rules
U.S. District Judge Lewis Kaplan ruled on Monday that the identities of the two non-parental parties who co-signed Sam Bankman-Fried's $250 million bond can be made public. Co...
Identities of 2 Parties Who Backed Sam Bankman-Fried’s $250M Bond Can Be Revealed, Judge Rules

Gemini Customers Given Confusing Information About Whether Earn Accounts Were FDIC Insured: Report
Gemini Customers Given Confusing Information About Whether Earn Accounts Were FDIC Insured: Report
Cryptocurrency exchange Gemini reportedly implied to customers that their assets in its interesting-bearing Earn product were safe because they were backed by the Federal Depo...
Gemini Customers Given Confusing Information About Whether Earn Accounts Were FDIC Insured: Report

SBF’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say
SBF’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say
FTX lawyers said in a legal filing that some members of Sam Bankman-Fried's immediate family aren’t cooperating with the probe into the collapsed crypto exchange and should be...
SBF’s Mother and Brother Not Cooperating With Financial Probe, FTX Lawyers Say