ETF
German asset manager DWS internally split on crypto as one camp still believes crypto is ‘worth zero’
Investment giant DWS Group struggles with internal debate over the inherent value of digital currencies
Liam 'Akiba' Wright 2 min read
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Stablecoins
USDC’s circulating supply falls below 25 billion after Circle curbs minting services for retail customers
Tether's USDT appears to benefit from the decline with it its supply approaching 85 billion.
Regulation
PayPal receives SEC subpoena regarding its $156M market cap PYUSD stablecoin – Reuters
PayPal faces a significant SEC subpoena tied to its stablecoin, marking a new milestone in the intersection of traditional finance and digital currencies.
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Legal
SBF Trial Day 16 — Both sides enter closing arguments as jury prepares to deliberate
The prosecution told the jury that SBF knowingly made off with billions in customer deposits, while the defense chalked his wrongdoings up to "terrible mistakes."
Crime
SafeMoon and executives charged by SEC, DOJ in alleged $200M fraud
CEO John Karony and two others are accused of stealing millions in funds from project pools and spending it on luxury homes, cars and travel.
Exchanges
Coinbase to offer regulated crypto futures to US customers amid ongoing regulatory battle
Coinbase is continuing business unabated despite the SEC's ongoing case against it.
Legal
‘He spent his customers’ money and he lied about it’: Prosecutors present closing arguments against Sam Bankman-Fried
"This is not about complicated issues of cryptocurrency," the government told the jury. "It's about lies and stealing and greed."
Legal
DCG hires former impeachment counsel against Donald Trump to defend against NYAG suit
Barry Berke is a renowned litigator whose career has engaged with several high-profile figures.
Regulation
Majority of whistleblowing tips received by CFTC were about crypto
CFTC Commissioner Christy Goldsmith Romero described the crypto industry as an industry with "pervasive fraud and other illegality."
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Legal
SBF Trial Day 15 – SBF pleads not guilty to all charges as defense rests its case
Regulation
SEC missed a step with its crypto safeguarding rule, U.S. government watchdog says
Legal
Sam Bankman-Fried claims to have overlooked $8B ‘bug’ in last day of testimony
Crypto
